Posted November 16, 2020
By Ray Blanco
Is the End of the Pandemic Near?
Every week seems to get better and better for tech and biotech.
And the markets are loving it.
Add more positive vaccine news coupled with major breakthroughs and were seeing some major movement in our area of the market.
Heres what Im looking at this week
1. Moderna Adds Hope for the End of the Pandemic
Last week we started the week with major news that Pfizer was reporting a 90% effective rate on its COVID-19 vaccine.
This morning, we awoke to even better news.
Right on the heels of Pfizers announcement, this morning Moderna reported a 94% effective rate on its own vaccine.
And experts are saying that there are some major benefits to this new vaccine the best of all, a return to normality more quickly than expected.
2. The Death of Startups Is Imminent
A coalition of 135 startups and tech companies joined together to urge the European Unions antitrust chief to take action against Google.
This is the largest coalition ever to have submitted a complaint to the EU commission.
They have good reason to complain: Googles not playing by the rules.
3. Internet Straight From the Heavens
High-speed internet straight from space seemed like science fiction 10 years ago.
Now its a very real thing with Starlinks public beta.
The initial results have been very good, as people have reported access to high-speed internet in rural parts of the Northwest.
But Starlink and Musk arent the only ones getting into the game
In fact, another company has a shot at directly competing with Starlink.
4. What the COVID-19 Vaccines Mean for the Biotech Industry
The past two weeks weve seen amazing news from Pfizer and Moderna surrounding a potential COVID-19 vaccine.
Whats even more amazing is that the vaccines are the first of their kind to use mRNA.
This is a huge deal with big implications for the rest of the biotech community.
But what exactly is mRNA and why is this such a big deal that were using it in a vaccine?
Thats all for this week. As always, Ill be sending you the best ideas surrounding the tech market.
Let me know what youre following by shooting me an email atAskRay@SevenFigurePublishing.com.
To a bright future,