Pharma Executives Are Profiting From Covid Vaccine Press Releases ...Middle East

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Pharma Executives Are Profiting From Covid Vaccine Press Releases
Who would have thought, a year ago, that at Thanksgiving 2020 the nation would be waiting with bated breath for pharmaceutical press releases? But as companies have released increasingly positive news about their vaccine trials, public interest in these interim results has soared. So have financial markets, hoping for an end to the pandemic.News alerts may update the public, but they’re primarily used to update investors. In the past few weeks, there has been a glut of them. And the particular way news releases are now coinciding with investment moves has some financial experts worried. In part, they’re concerned that executives may be engaging in trading practices that, thanks to current la

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