2 Reasons This COVID Vaccine Latecomer Could Gain Major Market Share
Most of the time, it's best to be among the first to market with a new product. These companies have the chance to quickly gain market share. And if they do things right -- keep it.
But there are times when a late entry is just fine or even preferable. That's the case right now for CureVac (NASDAQ: CVAC). The biotech company expects to report data from phase 3 studies of its coronavirus vaccine candidate in the coming weeks. And CEO Franz-Werner Haas said in a CNBC interview that he expects European authorization in early June. Let's take a look at why the company has a chance at gaining significant market share there.
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Source Fool.com
