Post
Topic
Board Economics
Re: a disease or a virus or is there business in it?
by
The Pharmacist
on 18/03/2020, 15:24:02 UTC
If you haven't seen the movie Contagion from 2011, I would recommend checking it out, because it deals with a scenario very much like what we're dealing with now and it also has that profit motive as part of its plot.  

There's money in vaccine development and potential antiviral treatments, but those take a lot of money up-front on the part of pharmaceutical companies and the profit only comes later--but I have no doubt that big pharma is looking at this crisis as a potential money-making opportunity.  I don't really have a problem with that, as it drives them to develop new products and they'd actually be helping a very bad situation in the process.

Wish I knew what companies were developing new antivirals and/or vaccines, because if I had money I'd be buying their stock right now.

You can also check out how companies like Gilead Sciences, Abbvie, and Regeneron to see how its performing at Wall Street. Alpha Pro Tech +45% in 1 month.
Gilead has been a good investment for quite a while, and I know they make some HIV meds.  I've heard of Regeneron, but I'll have to check them out.