The companies in line for the biggest gains – and the shareholders who have already made fortunes

The arrival of Covid-19 vaccines promises a return to more normal life – and has created a global market worth tens of billions of dollars in annual sales for some pharmaceutical companies.

Among the biggest winners will be Moderna and Pfizer – two very different US pharma firms which are both charging more than $30 per person for the protection of their two-dose vaccines. While Moderna was founded just 11 years ago, has never made a profit and employed just 830 staff pre-pandemic, Pfizer traces its roots back to 1849, made a net profit of $9.6bn last year and employs nearly 80,000 staff.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Paul McCartney Bruce Springsteen

Paul McCartney

Nadine Dorries’s slip-ups may be funny – but her Channel 4 plans are no joke | Jane Martinson

The culture secretary is getting closer than any of her predecessors to…

Windrush inquiry head disappointed as Braverman drops ‘crucial’ measures

Wendy Williams’ remarks come after home secretary confirms three key commitments will…

How ‘love languages’ has been helping couples for 30 years

It’s a well-established therapeutic tool for allowing couples to make sense of…