Regeneron Pharmaceuticals Inc (REGN)

[Damenesq]

Another vaccine that will get to market faster. Despite the assumption that a Covid-19 vaccine is at least a year away, Oxford University has developed a vaccine (ChAdOx1 nCoV-19) that may be ready by the fall. The Oxford scientist in charge (Professor Sarah Gilbert) said her team has gone through stages of vaccine development that usually take 5 years in just 4 months. She also said she is 80% confident that the vaccine will work. And Merck KGaA (MKKGY) has signed up to help manufacture the vaccine. Why hasn’t this stock popped more than it has? Is it confusion over another Merck (MRK) that is NOT involved? The fact that it’s a German company trading here as an ADR? https://www.nytimes.com/reuters/2020/04/17/world/asia/17reuters-health-coronavirus-vaccine-oxford.html ; https://www.emdgroup.com/en/news/jenner-milestone-covid-19-vaccine-manufacturing-14-04-2020.html