Why We Need All 5 of These Coronavirus Vaccine Companies to End the Pandemic

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Often, we refer to companies developing coronavirus vaccines as rivals. We're all betting on which one will make it to market first or become top supplier. There is, of course, a leadership position up for grabs -- and not every company will win it.

But considering worldwide need for a vaccine, there is room for many players. As of Dec. 1, 11 coronavirus vaccine developers have moved their projects into phase 3 clinical trials. Of those 11, five are companies based in the U.S. or Europe. We need all five of these companies -- and likely their Chinese and Russian rivals -- to end the pandemic. Let's take a look at where things stand.

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Source Fool.com