What Pharmaceutical Companies Are Making A Coronavirus Vaccine

Pfizers Covid-19 vaccine was developed and cleared for emergency use in eight months a fact that has fueled public mistrust of the coronavirus inoculation in the US. Goldman Sachs expects Moderna to make 132 billion in Covid-19 vaccine revenue in 2021.

An Updated Guide To The Coronavirus Drugs And Vaccines In Development

GeoVax a US-based pharmaceutical company and BravoVax a China-based pharmaceutical company have announced plans to develop a coronavirus cure in the form of vaccine based on the formers MVA-VLP vaccine platform.

What pharmaceutical companies are making a coronavirus vaccine. Pfizer and BioNTech for several. The company has received billions of dollars in funding from the US government for development of its vaccine. Though millions of people have been vaccinated some Americans are concerned about the side effects of the vaccines and if pharmaceutical companies such as Moderna and Pfizer.

The large US drugmaker Johnson Johnson and the UKs AstraZeneca which is working with a University of Oxford-based biotech company have pledged to sell the vaccine. They also will mean hundreds of billions dollars in sales for the pharmaceutical companies that make them. BioNTech is also testing the vaccine in collaboration with Shanghai Fosun Pharmaceutical Group Co.

The companies that signed the pledge include AstraZeneca BioNTech GlaxoSmithKline. Despite being priced at less than 20 per. Stock prices for the biotech company Moderna which began recruiting participants for a clinical trial of its new candidate for a coronavirus vaccine two weeks ago have shot up during that time.

Biological E based in Hyderabad has agreed to produce 60 crore doses of Johnson Johnsons COVID-19 vaccine per year under a contract manufacturing agreement. Although Moderna has taken an early lead two pharmaceutical companies in our coverage Johnson Johnson JNJ 04 JNJ and Pfizer PFE are well positioned in the race in our view. Nine vaccine makers released a joint pledge to listen to the science in their development of COVID-19 vaccines.

Say for example Gilead Sciences Ebola treatment Remdesivir Sanofis malaria drug hydroxychloroquine Roches rheumatoid arthritis drug Tocilizumab sold under the brand name Actemra. GeoVax and BravoVax Covid-19 vaccine.

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