Pharmaceutical Stocks Boom

Company News | +61 2 9083 1333 | 2020.08.05

Pharmaceutical stocks are in high demand among our clients. Traded volumes boomed in July, assisted by renewed optimism for the development of a COVID-19 vaccine alongside wealthy governments scrambling to lock up forward-looking supply agreements.

After months of declining volumes attributable to the worldwide economic contraction experienced, interest in pharmaceutical companies has rallied once again. Over the coming months, expect to continue to see pharmaceutical stocks in the spotlight, as the race towards a COVID-19 vaccine intensifies.

 

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Most Popular Pharmaceutical Stocks

 

Company Ticker Margin % Exchange Market Cap YTD Return
Opko Health OPK 30% NASDAQ 3.590B 264.63%
Paratek Pharmaceuticals PRTK 35% NASDAQ 194.526M 11.91%
Pfizer PFE 10% NYSE 213.250B -2.02%
Recce Pharmaceuticals RCE 35% ASX 201.115M 284.72%
Mayne Pharma MYX 35% ASX 638.046M -12.64%

 

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Opko Health

US-based Opko Health is a wide-scaling medical company, focusing recently on the COVID-19 outbreak. Off the back of selling their COVID-19 molecular kits, Opko has seen revenue increase by 33%. The company have also released an antibody test.

Paratek Pharmaceuticals

Paratek Pharmaceuticals is a large commercial-stage bio-pharmaceutical company focused on the development of innovative life-saving therapies for deadly diseases or other public health threats for civilian, government and military use.

Pfizer

Pfizer is one of the largest multi-national pharmaceutical companies in the world. It focuses on the development and production of new and improved medicines and vaccines for a wide scope of conditions.

Recce Pharmaceuticals

Recce Pharmaceuticals is focused on developing products to fight global health threats. Recently, the company struck a deal with US firm Path BioAnalytics to test their new antibiotics against SARS-CoV-2.

Mayne Pharma

Mayne Pharma is an ASX-listed specialty pharmaceutical company focused on applying its drug delivery expertise to commercialize branded and generic pharmaceuticals, providing patients with access to better and more accessible medicines. It also provides contract development and manufacturing services to more than 100 clients worldwide.

 

 

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