It was simple to choose winners in the health industry in late 2020. Today, making such a basic decision is a little more challenging. Over 7 billion doses of COVID-19 vaccination have been delivered worldwide. The pharmaceutical companies who manufacture and market these vaccines have reaped the largest benefits from this. The rapid pace of vaccinations has also aided economic recovery; in the second quarter of 2021, the US GDP increased by 6.7 percent.
Here is Insider Monkey’s list of the 11 best Covid vaccine and pill stocks to invest in. The results of a trial into a new investigational medicine, delivered orally, for COVID-19 patients were presented by RedHill Biopharma Ltd. Following the announcement of the results, the company’s stock price increased by more than 6%. Sanofi was upgraded from Hold to Buy by an HSBC analyst, who boosted the price objective to EUR100 from EUR89. Dupixent, a medication for patients with eosinophilic esophagitis, just had positive topline findings from a trial, according to the company. In a recent trial, the oral COVID-19 medication developed by Atea Pharma and Roche Holding AG failed to reach the primary target. 17 hedge funds had positions in Ateas Pharmaceuticals, Inc., worth $375 million at the end of the second quarter of 2021. One of the first businesses to develop the COVID-19 vaccine was BioNTech SE. The business just donated 50 million immunizations to the US government for children. The company made €5.3 billion in revenue in the second quarter. Novavax, Inc.’s stock jumped after Indonesian officials approved the vaccine’s emergency usage. COVOVAX is the brand name for the vaccine. In addition, the company is exploring the sale of a COVID-19 vaccine in Canada. Authorities in the United States are unlikely to complete the review of a COVID-19 vaccine for teenagers, according to Moderna, Inc. Before filing for emergency usage authorization, the company said it will wait for the review to be completed. For more details, click 11 Best Covid Vaccine And Pill Stocks To Invest In.
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