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Race for a COVID-19 Vaccine, Markets Hopeful

US markets surged on hopes of global economies reopening and news regarding a coronavirus vaccine, with companies coming out with their own versions. Companies like Gilead, Moderna, Novavax, Sanofi and now Merck are coming out with their own versions. The race for a vaccine is on, and pharma stocks reflect that. Questions remain on the logistics of developing the vaccine, producing it and administering it to the world’s population.

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