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Develop covid-19 vaccines by applying concepts

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GlaxoSmithKline, Merck and Sanofi have been the world's top 3 suppliers of vaccines (for influenza, etc.) in the past decade. However, none of the Big 3 have been among the early developers of COVID-19 vaccines. Instead, the first approved COVID-19 vaccines have been small and young firms such as BioNTech, Moderna, and Sinovac.

1) Explain why several smaller and younger firms have outpaced their bigger rivals to quickly develop COVID-19 vaccines by applying concepts, theories, principles and models/frameworks from our course.

2) Evaluate and comment on the extent to which the early developers of COVID-19 vaccines have a sustainable competitive advantage.

3) Specify the opportunities and threats for large and established vaccine suppliers and compare them to those for the early developers of COVID vaccines.

Reference no: EM132921517

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