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6 Stocks To Watch As The World Health Organization Declares Monkeypox Outbreak A Global Emergency

Benzinga2022-07-25

ZINGER KEY POINTS

  • Data from the WHO shows that the number of confirmed monkeypox infections rose 77% from late June through early July.
  • Several stocks related to vaccines and pharmaceuticals moved on the news of the outbreak.

The World Health Organization (WHO) on Saturday declared the monkeypox outbreak a global emergency, its highest level of alert.

WHO Director-General Tedros Adhanom Ghebreyesus said more than 16,000 cases in more than 75 countries have now been reported around the world.

Data from the WHO shows that the number of confirmed monkeypox infections rose 77% from late June through early July.

Several stocks related to vaccines and pharmaceuticals are being impacted by the escalating outbreak; here is a list of six.

Bavarian Nordic A/S - ADR

Market cap: $3.23 billion

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.

Market cap: $880.46 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

Market cap: $160.8 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

Market cap: $1.57 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

Market cap: $437.47 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

Market cap: $46.64 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.

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  • Pinkypink
    ·2022-07-25
    Ok
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  • Remotecam
    ·2022-07-25
    This WHO declaration is not supported by most experts at WHO. But the DG went ahead and declared it an emergency anyway. Other than slight swelling of lymph nodes, there is almost no difference between chicken pox and monkey pox.  Would you declare chicken pox a global emergency? When Covid outbreak happened I didn't believe the people in power were not paid by the vaccine companies. Now I'm not so sure... 
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  • pal22
    ·2022-07-25
    👍
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    • pal22
      👍
      2022-07-25
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  • pal22
    ·2022-07-25
    👍
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  • blessed_1
    ·2022-07-25
    ok
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  • Andy Fong
    ·2022-07-25
    Ok
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  • Soulevolution
    ·2022-07-25
    Apparently i was at the clinic 2 weeks ago and asked the doctor about his views of monkeypox and he said theres nothing to worry about. Hmmm...
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  • dwwong
    ·2022-07-25
    amc
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  • TradeLegend
    ·2022-07-25
    🤑
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  • YMF808
    ·2022-07-25
    Possible 
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  • MrHuattt
    ·2022-07-25
    Cab
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    • MrHuattt
      Okay
      2022-07-25
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