Short Position - Limelight on Pharmaceuticals

TheStar Sat, Aug 01, 2020 08:00am - 3 years View Original


Not so exclusive

STEALING the limelight from the glove boys in recent weeks are pharmaceutical companies, namely Pharmaniaga Bhd and Duopharma Biotech Bhd.

Both have seen their share prices soar – Duopharma’s stock even reached a record high – as a result of news that there is hope for a Covid-19 vaccine and these companies would be the ones involved in packaging and bringing it to the market in Malaysia.

Notably, earlier news reports, quoting Science, Technology and Innovation Minister Khairy Jamaluddin, did state that Pharmaniaga and Duopharma would be involved in the fill and finish processes for the Covid-19 vaccine, once it is ready.

So it is no wonder that the share prices of these companies sky-rocketed.

...

Full Article on TheStar

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

DPHARMA 1.190
NOTION 0.555
PHARMA 0.340
SAPRES 0.420
SCGM 0.620

Comments

Login to comment.