COVID-19 vaccine makers’ shares slump, but there’s upside as other products hit the market

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 92%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Investors are seeing fewer benefits for boosters and related products as evidence mounts that people are less afraid of COVID-19 and see it more as something that can be managed

, the fourth vaccine authorized for use in the U.S., is down 88 per cent.

Mark Noble, executive vice president of exchange-traded fund strategy at Horizons ETFs Management Inc. in Toronto, says the effectiveness of the vaccines has changed perceptions about COVID-19′s danger. That’s affecting booster shot uptake, which in turn is partly behind the sagging share prices. Mr. Noble believes nasal sprays and pills hold promise but may not see a huge uptake if people are less anxious. Mr. Lee adds that the spray will be handy for travel if it’s proven to be effective. He says Paxlovid has shown cases where symptoms have relapsed, so uptake has not been strong so far.last year to capture the development of COVID-19 treatments and vaccine development more broadly. It holds all five approved vaccine makers. It hasn’t done well in attracting investors and Mr.

“There are going to be other breakthroughs that build on the massive amount of [research and development] done with COVID-19,” he says.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nobody wants it even gov officials won't take he vac . They took saline shots not vac.

Awww.. the Globe and mails investors are worried about people catching on to the grift, so they have Global go on another sales pitch for them. STATESPONSOREDMEDIA

Some of us didn't need these booster shots maybe I'd like my money back?

Maybe they could share some of the profits they made from our taxpayers money!

There is 0 demand for this garbage without coercion.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Morgan Stanley upgrades China stocks as global investors cheer on COVID reopening hopesGlobal traders are increasingly feeling more bullish on China, as they bet the country will gradually unwind COVID restrictions following widespread protests.
Source: CTVNews - 🏆 1. / 99 Read more »