Below, we look at 14 stocks and partnerships that are trying to produce a vaccine, treatment or diagnostic test for the COVID-19. All of them have seen their share prices experience sharp and volatile movements as the coronavirus has grown into a pandemic.

Although investors have got excited by the prospect of investing in a game-changing breakthrough, not all of them will succeed and will see their price fall back down as their valuations become over-stretched.

For example, London-listed Synairgen has risen over 750% since the start of the year, while Inovio Pharmaceuticals, Novavax, Vaxart and Vir Biotechnology have all more than doubled in value. On the other hand, some big-name stocks fighting the coronavirus have seen their share prices slump as the outbreak worsens, such as Pfizer, GlaxoSmithKline and Johnson & Johnson, all of which could rise if they are successful in their efforts.

You can invest or trade these stocks.

When you invest in a business, you own the underlying shares in the company outright and are entitled to any dividends that are paid and hope that the share price appreciates.

This can be done using an IG share dealing account. Right now, you can invest in US shares commission free on our newly launched, best-ever platform.

Trading a stock allows you to speculate on the future share price movement of a stock, allowing you to take a position on whether you believe it will fall (going short) or will rise (going long). You do not own the underlying shares and wont receive any dividends, but you can use leverage. This can be done using either an IG CFD or spread betting account.

Practice trading with a demo account, or open a live account to get started.

You can read more on how to measure and trade coronavirus volatility here.

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What stocks are trying to make a coronavirus vaccine? - IG

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