Vaccine Against COVID-19 – an Investment Opportunity or a Financial Bubble on the Verge of Popping?

Source: Pixabay

Reading time: six minutes

With over 25 million infected and 844 000 deaths globally, the race for who will first develop a suitable vaccine against the coronavirus is more disputed than ever. At the moment, thousands of investors have flocked to the biotechnological sector where, according to the World Health Organization, as of July there are 173 potential vaccine developers hard at work, while research expenses have reached billions of U.S. dollars.

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The Coronavirus: Everything We Know About the New Epidemic and Its Effect on the Global Economy in 2020

Коронавирусът и световните пазари

Source: DeltaStock

Currently, the world is in a state of panic not witnessed since 2003. Back then, a severe acute respiratory syndrome (SARS) infected over 8000 people, caused the death of 774 citizens from 17 countries and went down in human history as “the crimson death”.

Now, amidst an endless stream of TV and social media news regarding the new Chinese virus, a troublesome trend emerges—the panic-inducing idea that the SARS story might repeat itself.

Here’s everything we know about the virus so far.

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