Bloomberg Law
June 4, 2020, 6:42 PM

Overlooked Covid-19 Vaccine Runners Up Defended by Wall Street

Cristin Flanagan
Cristin Flanagan
Bloomberg News

Don’t give up hope for Novavax Inc. and Inovio Pharmaceuticals Inc., Wall Street analysts said after the two failed to appear on a Trump administration list of Covid-19 vaccine developers picked for Operation Warp Speed.

The pair slid more than 10% on Wednesday following a New York Times report saying that the White House’s list included larger drugmakers such as AstraZeneca PLC, Johnson & Johnson, Merck & Co. and Pfizer Inc., but not the pair of small-caps.

Bloomberg reporting shows that two other, as yet unnamed, companies have also been selected for the U.S. government’s effort. ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.