In the first half of 2020, global drugmaker stocks had grown in value over what they were at the end of 2019. Companies involved in finding COVID-19 treatments had the biggest gains.
Fifteen drugmakers with the biggest share price gains in 2020:
- Novavax — 1,994 percent share price gain ($4.73 billion market cap gain)
- Adaptimmune — 734 percent share price gain ($1.41 billion market cap gain)
- Inovio Pharmaceuticals —717 percent share price gain (3.93 billion market cap gain)
- Mesoblast — 708 percent share price gain ($0.47 billion market cap gain)
- Cytodyn — 468 percent share price gain ($2.61 billion market cap gain)
- Arcturus Therapeutics — 330 percent share price gain ($0.79 billion market cap gain)
- Moderna — 228 percent share price gain (17.32 market cap gain)
- BioNTech — 100 percent share price gain ($7.47 billion market cap gain)
- Samsung Biologics — 79 percent share price gain ($17.71 billion market cap gain)
- Chugai — 72 percent share price gain ($37.70 billion market cap gain)
- Regeneron — 66 percent share price gain ($28.49 billion market cap gain)
- Lonza — 42 percent share price gain ($11.98 billion market cap gain)
- Eli Lilly — 25 percent share price gain ($30.84 billion market cap gain)
- AbbVie — 11 percent share price gain ($42.09 billion market cap gain)
- AstraZeneca — 6 percent share price gain ($7.99 market cap gain)
More articles on pharmacy:
Patients over 50 may take meds less if pill appearance changes a lot, study says
U.S. cities with the highest, lowest prescription drug costs
US sues Teva for 2nd time in 1 week, this time for alleged price-fixing scheme
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.