“I think when people tell the public that there’s going to be a vaccine by the end of 2020, they do a grave disservice to the public … Let me just give you one data point. In the last quarter century, there have only been seven, truly new vaccines introduced globally at the clinical practice. Merck has four, the rest of the world has three.” – Ken Frazier, CEO of Merck
The level of optimism in equity markets and society in general regarding the progress on developing a vaccine for COVID-19 has certainly been increasing.
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