Biotech companies and pharmaceutical giants around the world work together to develop and manufacture a vaccine for COVID-19 that left more than 4 million people infected globally over the past four months.
Traders must be very much involved in this process because the stocks of the pharma companies hold great potential for profit. Here is the list of new stock available with FBS:
PFE (Pfizer Inc.) was on the list before, but it is also a big player. So, keep an eye on it.
The ready-made vaccine for the widespread introduction is said to be available in the second half of 2021. Some companies promise the vaccine to be ready for emergency use as early as September this year. So, you see that you have to be all ready to trade the stocks of the pharma companies involved.