Last year, coronavirus vaccine stocks led stock market gains. For instance, Novavax ( NASDAQ:NVAX ) surged more than 2,000% for the biggest increase among all stocks in all industries. With the pandemic deepening, the priority quickly became disease prevention. The U.S. government even created a program to help speed vaccines to market called Operation Warp Speed. Companies focusing on coronavirus treatment garnered less attention. Gilead Sciences ( NASDAQ:GILD ) actually fell 10% last year. That company makes remdesivir, the first FDA-approved treatment for COVID-19. Now that two vaccines have reached the market, though, some investors have shoved treatment-makers aside in favor of the companies that will bring us back to some semblance of normalcy. But as long as people continue to contract COVID-19 in 2021, and if these treatment companies’ clinical trial data are positive, their stocks could climb in the New Year. Image source: Getty Images. 1. Redhill Redhill Biopharma ( NASDAQ:RDHL ) specializes in gastrointestinal illnesses, but has broadened its work to include infectious diseases and oncology. The company has six programs in the pipeline, including two potential treatments for COVID-19. And one of those COVID-19 programs recently produced encouraging safety and efficacy data in a phase 2… Read full this story
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