Asset managers ask pharmaceutical companies to stop competing in the hunt for a corona vaccine

Important shareholders in the global pharmaceutical industry, including asset and pension managers, are asking pharmaceutical companies to work together to develop a coronavirus vaccine or treatment.
Photo: Illustration: Dado Ruvic/Reuters/Ritzau Scanpix
Photo: Illustration: Dado Ruvic/Reuters/Ritzau Scanpix

The world's largest investors and asset managers are encouraging pharmaceutical companies to work together to develop a corona vaccine to put a stop to the global economic crisis caused by the pandemic, the Financial Times reports.

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