Shares in leading western drugmakers down as Biden administration speaks out Joe Biden has given support to an effort to temporarily waive intellectual property rights for vaccinations as a means of supporting the supply of vaccines to developing countries. The President and his administration got behind calls for a temporary suspension of current rules as […]

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As the mass Covid-19 vaccination drive continues, new data from Finaria.it has revealed that vaccine developers BioNTech-Pfizer (NASDAQ:BNTX, NYSE:PFE) and Moderna (NASDAQ:MRNA) are set to bank $14.7bn in revenue from sales of their coronavirus vaccines by 2023. The Pfizer-BioNTech candidate made headlines for becoming the first vaccine to be approved for use in the general […]

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Shares at American pharmaceutical firm Pfizer (NYSE:PFE) have slipped after its announcement that it will be temporary reducing deliveries of its Covid-19 vaccine to Europe while it seeks to upgrade its production capacity to the target 2 billion doses per year. “This temporary reduction will affect all European countries,” a spokeswoman for Pfizer Denmark said […]

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Shares at British biotechnology firm Synairgen (LON:SNG) have surged more than 7% after the launch of its new large-scale Covid-19 treatment trial. The Southampton-based company treated its first patient at Hull Royal Infirmary on Tuesday afternoon, using the newly-developed formulation SNG001, which involves the inhalation of a naturally-occurring protein named interferon beta which is believed […]

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Having fallen on Monday, the price of gold rose by 1.25% on Tuesday, as traders reacted to a weakening dollar and expectations of a compromise-ready Fed meeting on Wednesday. With Fed stimulus coming at some point (hopefully soon), and talk of negative rates being floated around again following the latest London lockdown announcement, there is […]

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According to contingency plans being developed by the UK government, ‘tens of millions’ of vaccines produced in Belgium will be flown into Britain via military aircraft, to sidestep customs delays caused by the Brexit transition. MoD and Department of Health and Social Care sources told the Observer that ‘large consignments’ of vaccines would be brought […]

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The FTSE 100 rose on Monday’s opening bell thanks to the weekend’s positive vaccine news. The blue-chip index climbed 0.6% to 6,357 points as it was boosted by top risers IAG, Rolls Royce, and Standard Chartered. HSBC, Barclays, Natwest, and Lloyds also rose significantly this morning. The FTSE 250 also picked up on Monday thanks […]

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