Stocks of flu shot makers jump on China virus outbreak

NanoViricides,

21/01/2020 16:21

** Shares of flu shot makers jump after the outbreak of a
coronavirus infection in China
    ** Death toll from the flu-like virus, which can be
transmitted between humans, rose to six, and number of reported
cases crossed 300  urn:newsml:reuters.com:*:nL4N29Q1BZ
    ** NanoViricides  NNVC.A  soars 74% to $5.85, Novavax
 NVAX.O  jumps 39% to $7.98, Inovio Pharma  INO.O  rises 4.5%,
while Vaxart  VXRT.O  climbs 14% to 44 cents
    ** Novavax builds its vaccines using technology that
extracts the genetic code of the virus
    ** NVAX's technology was used to develop its vaccine for the
Middle East Respiratory Virus, or MERS, which had killed
hundreds of people 
    ** Inovio, Vaxart and NanoViricides are developing drug
candidates for different strains of influenza
    

 (Reporting by Saumya Sibi Joseph in Bengaluru)
 ((saumya.joseph@thomsonreuters.com))