We’re talking about investing in an indispensable $24 billion industry.
As much as people hate getting shots, the risk of serious illness has a funny way of propelling us toward the nearest doctor’s office.
Historically, vaccine manufacturers perform well during health crises. Take, for example, the meningitis outbreak of 2015. Sanofi (PA:SASY), the company behind the meningitis vaccine Menactra, started the year with a $44.55 share price. By August, the stock was worth $53.48. A 20% jump.
Now to combat Zika, two companies have joined forces...
Inovio Pharmaceuticals Inc (NASDAQ:INO) and GeneOne Life Science Inc (KS:011000) just announced that their Zika vaccine has been approved for a Phase 1 human trial. Year to date, Inovio shares are up 55%. And the stock should continue to gain with every piece of positive news.
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