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0.000710900473933676 0.000473933649289005 -0.000947867298578179 -0.000710900473933676 -0.00397156398104266 -0.00592417061611374 -0.00308056872037921 -0.00639810426540292
Stock impact report

Healthcare picks for the pandemic [Advisor.ca (Canada)]

GlaxoSmithKline PLC (GSK) 
US:NYSE Investor Relations: gsk.com/en-gb/investors
Company Research Source: Advisor.ca
luchschen/iStockphotoWhile the economic shutdown weighs on businesses, investors are closely watching the companies racing to develop treatments for Covid-19.Listen to the full podcast on AdvisorToGoCompanies are working on different modalities to vaccination, from DNA- or RNA-based, to more standard approaches using antigens, said Michal Marszal, senior equity analyst, healthcare, at CIBC Asset Management.“There are currently dozens of vaccines in clinical development at various stages,” he said in an April 22 interview. “In late-stage clinical trials, we already have a number of candidates.”Still, a vaccine is several months away, with potential approvals in 2021, said Marszal, who co-manages the CIBC Global Fund and the Renaissance Global Science and Fund.Large-cap players working in the space include Brentford, U.K.–based GlaxoSmithKline, Paris-based Sanofi and New York–based Pfizer.Some smaller biotech companies are also approaching vaccination but using more specul Show less Read more
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