Shares of Companies Testing Ebola Vaccines Rise

Wednesday, October 1, 2014

Shares of some companies that are studying potential vaccines for Ebola climbed after federal officials announced that the first case of the disease has been diagnosed in the U.S.

The Centers for Disease Control said a patient being treated at a hospital in Dallas tested positive for the disease.

Ebola is believed to have sickened more than 6,500 people in West Africa, and more than 3,000 people have died.

The World Health Organization has worked to speed up the use of some experimental vaccines and companies are ramping up testing. Earlier this month NewLink Genetics said it would start safety testing of a vaccine within a few weeks, while Inovio Pharmaceuticals said it would start human trials of a DNA-based vaccine in early 2015.

Source: ABC News (link opens in a new window)

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Health Care
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drugs, global health, infectious diseases, pharmaceutical industry, profits, vaccines