PROMISING PHARMA PLAYS FOR INVESTORS
Download the full Forbes artcile below
The success of the messenger RNA vaccines for Covid-19 developed by Pfizer Inc. (PFE) and Moderna, Inc. (MRNA) underscores the medical advances currently under way that could provide big wins for investors. The RNA-based vaccine has proven very lucrative for investors in Pfizer and Moderna. Pfizer, for instance, recently reported that the vaccine generated $3.5 billion in revenues in the first quarter, almost 25% of total sales. And Moderna reported its first-ever quarterly profit as a result of demand for the Covid vaccine. Of course, future revenue could be compromised if governmental discussions to waive vaccine intellectual property patents were to go into effect. But the success of the RNA vaccine has investors focusing to the future where some leading medical conditions affecting the human body, including cardiovascular disease, a range of cancers and immunology disorders that have long eluded research are enticingly close to realizing viable therapies.
