• 1.05K
  • 87
  • 12

6 Stocks To Watch Amid Monkeypox Outbreak

Benzinga2022-05-21

ZINGER KEY POINTS

  • Monkeypox, a relative to smallpox, is a rare disease thought to be limited to two regions in Africa and has two main types.
  • Several stocks related to vaccines and pharmaceuticals moved on the news of the outbreak.

A Monkeypox outbreak has been reported in several European countries, two cases in Canada and one confirmed case in a man from Massachusetts.

What's going on?Monkeypox, a relative to smallpox, is a rare disease thought to be limited to two regions in Africa and has two main types: the Central African strain, which has a fatality rate of up to 10%, and the West African strain, which has a fatality rate of around 1%. The cases in question are believed to be the less fatal West African strain.

Fever, rash and swollen lymph nodes are among the symptoms of monkeypox. While each symptom should be taken seriously, swollen lymph nodes especially can lead to various medical concerns. It is believed that the smallpox vaccine, which was first introduced in 1796, is effective against monkeypox.

Several stocks related to vaccines and pharmaceuticals moved on the news of the outbreak; here is a list of six.

Bavarian Nordic A/S - ADR BVNRY

Market cap:$810.95 million

Bavarian Nordic says it is highly specialized in researching, developing and manufacturing vaccines based on viral vectors to deliver antigens targeting infectious diseases and cancers.

More than that, Bavarian has built its foundation around poxviral-based vaccine platform technologies, particularly its proprietary technology,Modified Vaccinia Ankara – Bavarian Nordic (MVA-BN).

MVA-BN is approved as a smallpox vaccine in the U.S., Canada and the EU.

SIGA Technologies, Inc. SIGA

Market cap:$805.89 million

Siga Tech is a pharmaceutical company based in New York City that focuses on anti-viral smallpox treatment solutions.

The company’s leading product,Tecovirimat(Tpoxx), is an antiviral medication with activity against orthopoxviruses such as smallpox and monkeypox.

Siga was awarded a contract by the U.S Department of Defense on May 12 to produce approximately $7.5 million worth of the oral version of Tpoxx.

Chimerix Inc CMRX

Market cap:$205 million

Chimerix is a biopharmaceutical company that develops oral antiviral treatments, including Tembexa, a smallpox oral antiviral tablet approved by the FDA in 2021.

Emergent BioSolutions (see below) announced a deal with Chimerix on Monday to acquire exclusive rights to Tembexa.

Emergent Biosolutions Inc EBS

Market cap:$1.76 billion

Emergent is a multinational biopharmaceutical company that develops vaccines and antibody therapeutics for infectious diseases.

The company currently produces ACAM2000, a vaccine for smallpox and announced a deal to acquire Chimerix’s FDA-approved antiviral smallpox therapy.

Inovio Pharmaceuticals Inc INO

Market cap:$421.44 million

Inovio is a biotech company focused on discovering, developing and commercializing synthetic DNA products for treating cancers and infectious diseases.

In 2010, Inovio made news when it announced its smallpox DNA vaccine offered 100% protection in non-human primates against a highly pathogenic monkeypox challenge after vaccination.

Tonix Pharmaceuticals Holding Corp TNXP

Market cap:$47 million

Tonix is a pharmaceutical company based in New Jersey that focuses on repurposed drugs for central nervous system conditions.

Tonix is a producer of the TNX-801 vaccine, effective against smallpox and monkeypox.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment87

  • Bodoh
    ·2022-05-23
    Stop the monkey business 
    Reply
    Report
  • SCLIEW
    ·2022-05-23
    666
    Reply
    Report
  • FattyBull
    ·2022-05-23
    Nice
    Reply
    Report
  • Bspn
    ·2022-05-23
    Ok
    Reply
    Report
  • Dragonbody
    ·2022-05-23
    [What] [What] 
    Reply
    Report
  • Goodmeng
    ·2022-05-23
    Noted 
    Reply
    Report
  • Ziger1
    ·2022-05-23
    a good read.
    Reply
    Report
  • Ziger1
    ·2022-05-23
    a good read.
    Reply
    Report
  • kenong62
    ·2022-05-23
    Like
    Reply
    Report
  • Success88
    ·2022-05-23
    Wow
    Reply
    Report
  • Jon Yeo
    ·2022-05-23
    Thank you
    Reply
    Report
  • Shirley Soh
    ·2022-05-22
    Ok
    Reply
    Report
  • jayfalcon
    ·2022-05-22
    Iike pls 🙏 thanks
    Reply
    Report
  • Tamashii
    ·2022-05-22
    Died
    Reply
    Report
  • Tamashii
    ·2022-05-22
    Died 
    Reply
    Report
  • Kel9670ong
    ·2022-05-22
    $$$ coming for the research team
    Reply
    Report
  • JcJc
    ·2022-05-22
    Jia Lak !!!
    Reply
    Report
  • .kok
    ·2022-05-22
    Ok
    Reply
    Report
  • phongy 45
    ·2022-05-22
    Noted 
    Reply
    Report
  • Mr. T
    ·2022-05-22
    Donkey Kong 
    Reply
    Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial