COVID-19 vaccine manufacturers are overvalued, says Morningstar report

20 January 2022
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The equity research team at US financial services firm Morningstar has published the Annual Drug Pipeline report, which looks at the large-cap biopharma groups and their position in the market.

This report also focuses on Morningstar’s US drug pricing policy assumptions, COVID-19 vaccine and treatment outlook, and the China drug market.

Vaccine sales predicted to slow by 2024

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