Commercial Awareness
Autor: Sara17 • October 6, 2017 • 928 Words (4 Pages) • 656 Views
...
Effects of Ebola
As the deadly virus has struck such fear globally, experts are betting many governments will start stockpiling Ebola drugs to combat any future outbreaks.
Problem is, there is currently no cure for Ebola, though some experimental drugs have been used to treat patients in the United States recently. Major drug companies and even several small biotech firms are working frantically to produce vaccines and treatments.
Analyst say it's likely that several other Shares of Inovio Pharmaceuticals shares rose 35 cents, or 3.6 percent, to $10.20 in aftermarket trading, while NewLink Genetics shares gained $2.68, or 12.5 percent, to $24.10 as a result.
The stock of some other companies that have been involved in efforts to come up with vaccines and medications have also increased. BioCryst Pharmaceuticals added $1.26, or 13 percent, to $11.04; Sarepta Therapeutics rose $1.57, or 7.4 percent, to $22.67; and Tekmira Pharmaceuticals stock climbed $5.97, or 28 percent, to $27.11.
However, the virus has created a number of negative externalities for MNCs such as British Airways which suspended flights to and from Liberia and Sierra Leone through due to the deteriorating public health situation in both countries.
The World Bank estimates that the outbreak will shrink economic growth in Guinea, where the crisis emerged in March, from 4.5 per cent to 3.5 per cent this year.
Ama Egyaba Baidu-Forson, an economist at IHS Global Insight who focuses on sub-Saharan Africa, is cutting her forecasts for growth this year in Liberia and Sierra Leone. She warned that prices would rise as food and other staples become scarce and that the region's already fragile governments would run up big budget deficits in fighting Ebola.
Contact Us
Aspiring Solicitors- University of Hull
Committee
Student Ambassador
Rachel Lindberg
Vice Ambassador
Joshua Littlefield
Pro Bono Representative
Farhana Khan
Commercial Awareness Representative
Emmanuel Olawore
Employability Representative
Ruchir Maharaj
Academic Representative
Iwere Lucia Eyitene
Equality, diversity and social responsibility Representative
Georgia Ingle
By Emmanuel Olawore—Aspiring Solicitors Commercial awareness representative
...