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seawulf575's avatar

What does Merck's announcement mean for Covid Vaccines?

The pharmaceutical company Merck recently announced they are seeking EUA (Emergency Use Authorization) for a new product they have to treat Covid infections. This is a treatment, not a vaccine. As soon as they announced this, the stock market showed a tremendous drop in the stocks of the pharmaceutical companies that produce vaccines.
So what impact could this new drug have on the vaccines? Will the companies producing them slow production? Does it show that people would rather have a treatment than a vaccine? Will it change the impact of governmental push for vaccines? Whatever you see might be an impact or not, feel free to comment on it.

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