The Pfizer/BioNTech vaccine bet that paid off – HEDGE accordingly

Paris (AFP) – With a strategic alliance, 24-hour production and a bit of luck, Pfizer and BioNTech were able to roll out their Covid vaccine at a brisk pace and relatively free of controversy. US pharmaceutical giant Pfizer and BioNTech, a smaller German biotech firm, joined forces on April 9, 2020, as the world reeled from the pandemic, with deaths soaring and nations under lockdown. The companies set an ambitious goal: Producing hundreds of millions of jabs in 2021 — an incredibly short timeline when vaccines usually take years to develop and secure regulatory approval. Seven months later, …

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HEDGE accordingly