AlgarveBlu
Well-Known Member
- Joined
- 21 Aug 2005
- Messages
- 3,930
it’s a relatively small move on the day so far - looked at the biotech and phrarms sector throughout this and I’m not sure there is a huge upside in this sector as there will be huge political pressure to quash any patents on this so mass generic drugs/vaccines can be produced. These companies are defacto extensions of government science and research departments now. They will certainly be recession/ depression proof though.
If the vaccine for covid proves to be a seasonal required one then you will see whichever company produce that go through the roof.
Scratch that gilead price my Portuguese google picked up usd close price - need to get a vpn