The Pay-Off

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Pfizer/BioNTech, Oxford/Astra Zeneca and Moderna all announced major vaccine milestones last week. However, while Moderna and BioNTech, both smaller biotech firms, have seen their share prices soar through much of 2020, Pfizer and AstraZeneca merely trotted along, with Pfizer’s share price is down 2% since the beginning of the year.

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