{"id":54076,"date":"2026-08-21T10:46:40","date_gmt":"2026-08-21T10:46:40","guid":{"rendered":"https:\/\/www.vtmarkets.com\/ar-mena\/uncategorized\/54076\/"},"modified":"2026-08-21T10:46:40","modified_gmt":"2026-08-21T10:46:40","slug":"moderna-merck-and-the-different-ways-markets-value-a-breakthrough","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/ar-mena\/opinion\/54076\/","title":{"rendered":"\u0645\u0648\u062f\u064a\u0631\u0646\u0627 \u0648\u0645\u064a\u0631\u0643 \u0648\u0627\u0644\u0637\u0631\u0642 \u0627\u0644\u0645\u062e\u062a\u0644\u0641\u0629 \u0627\u0644\u062a\u064a \u062a\u064f\u0642\u064a\u0651\u0645 \u0628\u0647\u0627 \u0627\u0644\u0623\u0633\u0648\u0627\u0642\u064f \u0625\u0646\u062c\u0627\u0632\u064b\u0627 \u0627\u062e\u062a\u0631\u0627\u0642\u064a\u064b\u0627"},"content":{"rendered":"<figure class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1250\" height=\"700\" src=\"https:\/\/www.vtmarkets.com\/ar-mena\/wp-content\/uploads\/sites\/4\/2026\/08\/Moderna-Merck-pharma.webp\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"object-fit:cover;\" srcset=\"https:\/\/www.vtmarkets.com\/ar-mena\/wp-content\/uploads\/sites\/4\/2026\/08\/Moderna-Merck-pharma.webp 1250w, https:\/\/www.vtmarkets.com\/ar-mena\/wp-content\/uploads\/sites\/4\/2026\/08\/Moderna-Merck-pharma-300x168.webp 300w, https:\/\/www.vtmarkets.com\/ar-mena\/wp-content\/uploads\/sites\/4\/2026\/08\/Moderna-Merck-pharma-1024x573.webp 1024w, https:\/\/www.vtmarkets.com\/ar-mena\/wp-content\/uploads\/sites\/4\/2026\/08\/Moderna-Merck-pharma-768x430.webp 768w, https:\/\/www.vtmarkets.com\/ar-mena\/wp-content\/uploads\/sites\/4\/2026\/08\/Moderna-Merck-pharma-500x280.webp 500w, https:\/\/www.vtmarkets.com\/ar-mena\/wp-content\/uploads\/sites\/4\/2026\/08\/Moderna-Merck-pharma-400x224.webp 400w, https:\/\/www.vtmarkets.com\/ar-mena\/wp-content\/uploads\/sites\/4\/2026\/08\/Moderna-Merck-pharma-350x196.webp 350w, https:\/\/www.vtmarkets.com\/ar-mena\/wp-content\/uploads\/sites\/4\/2026\/08\/Moderna-Merck-pharma-200x112.webp 200w\" sizes=\"auto, (max-width: 1250px) 100vw, 1250px\" \/><\/figure>\n\n\n<p class=\"wp-block-paragraph\">\u064a\u0648\u0645 \u0627\u0644\u0623\u0631\u0628\u0639\u0627\u0621 19 \u0623\u063a\u0633\u0637\u0633\u060c \u0623\u0639\u0644\u0646\u062a \u00ab\u0645\u0648\u062f\u064a\u0631\u0646\u0627\u00bb \u0623\u0646 \u0639\u0644\u0627\u062c\u0647\u0627 \u0627\u0644\u0645\u062e\u0635\u0651\u0635 \u0644\u0644\u0633\u0631\u0637\u0627\u0646 \u0627\u0644\u0642\u0627\u0626\u0645 \u0639\u0644\u0649 <a href=\"https:\/\/www.cnbc.com\/2026\/08\/19\/moderna-merck-cancer-vaccine-shows-initial-late-stage-melanoma-data.html\">\u062a\u0642\u0646\u064a\u0629 mRNA (\u0627\u0644\u062d\u0645\u0636 \u0627\u0644\u0646\u0648\u0648\u064a \u0627\u0644\u0631\u064a\u0628\u0648\u0632\u064a \u0627\u0644\u0645\u0631\u0633\u0627\u0644\u060c \u0648\u0647\u064a \u0637\u0631\u064a\u0642\u0629 \u0644\u062a\u0648\u062c\u064a\u0647 \u0627\u0644\u062e\u0644\u0627\u064a\u0627 \u0644\u0625\u0646\u062a\u0627\u062c \u0628\u0631\u0648\u062a\u064a\u0646\u0627\u062a \u062a\u062d\u0641\u0651\u0632 \u0627\u0644\u0645\u0646\u0627\u0639\u0629)<\/a> \u0646\u062c\u062d \u0641\u064a \u062a\u062c\u0631\u0628\u0629 \u0633\u0631\u064a\u0631\u064a\u0629 \u0645\u0646 \u0627\u0644\u0645\u0631\u062d\u0644\u0629 \u0627\u0644\u062b\u0627\u0644\u062b\u0629 (\u0645\u0631\u062d\u0644\u0629 \u0645\u062a\u0642\u062f\u0645\u0629 \u0644\u0627\u062e\u062a\u0628\u0627\u0631 \u0627\u0644\u0641\u0627\u0639\u0644\u064a\u0629 \u0648\u0627\u0644\u0623\u0645\u0627\u0646 \u0639\u0644\u0649 \u0639\u062f\u062f \u0643\u0628\u064a\u0631 \u0645\u0646 \u0627\u0644\u0645\u0631\u0636\u0649). \u0642\u0641\u0632 \u0627\u0644\u0633\u0647\u0645 \u0628\u0642\u0648\u0629\u060c \u0625\u0630 \u0627\u0631\u062a\u0641\u0639 177% \u0648\u0623\u063a\u0644\u0642 \u0641\u0648\u0642 174 \u062f\u0648\u0644\u0627\u0631\u0627\u064b. \u0643\u0645\u0627 \u0635\u0639\u062f \u0633\u0647\u0645 \u00ab\u0645\u064a\u0631\u0643\u00bb \u0627\u0644\u0634\u0631\u064a\u0643\u0629 \u0641\u064a \u0627\u0644\u0628\u0631\u0646\u0627\u0645\u062c 12.6%.<\/p>\n\n\n\n<script type=\"module\" src=\"https:\/\/widgets.tradingview-widget.com\/w\/en\/tv-tickers.js\"><\/script>\n\n<tv-tickers symbols=\"NASDAQ:MRNA,NYSE:MRK\" hover-type=\"performance-grid\" show-hover><\/tv-tickers>\n\n\n\n<p class=\"wp-block-paragraph\">\u0644\u0643\u0646 \u0647\u0630\u0627 \u0627\u0644\u0632\u062e\u0645 \u0644\u0645 \u064a\u0633\u062a\u0645\u0631 \u0628\u0627\u0644\u0634\u0643\u0644 \u0646\u0641\u0633\u0647 \u0644\u062f\u0649 \u0627\u0644\u0634\u0631\u0643\u062a\u064a\u0646. \u0628\u062d\u0644\u0648\u0644 \u0638\u0647\u0631 \u0627\u0644\u062e\u0645\u064a\u0633\u060c \u0647\u0628\u0637 \u0633\u0647\u0645 \u00ab\u0645\u0648\u062f\u064a\u0631\u0646\u0627\u00bb \u0628\u0645\u0627 \u064a\u0635\u0644 \u0625\u0644\u0649 25% \u0644\u064a\u062a\u062f\u0627\u0648\u0644 \u0642\u0631\u0628 129 \u062f\u0648\u0644\u0627\u0631\u0627\u064b\u060c \u062b\u0645 \u0623\u0646\u0647\u0649 \u0627\u0644\u062c\u0644\u0633\u0629 \u0645\u0646\u062e\u0641\u0636\u0627\u064b \u0628\u0646\u062d\u0648 19%. \u0648\u062a\u0628\u062e\u0651\u0631\u062a \u0645\u0646 \u0627\u0644\u0642\u064a\u0645\u0629 \u0627\u0644\u0633\u0648\u0642\u064a\u0629 \u0644\u0644\u0633\u0647\u0645 <a href=\"https:\/\/www.forbes.com\/sites\/tylerroush\/2026\/08\/20\/moderna-stock-plunges-25-wiping-out-18-billion-after-historic-cancer-vaccine-breakthrough\/\" target=\"_blank\" rel=\"noopener nofollow\" title=\"\">\u0642\u0631\u0627\u0628\u0629 18 \u0645\u0644\u064a\u0627\u0631 \u062f\u0648\u0644\u0627\u0631<\/a>. \u0641\u064a \u0627\u0644\u0645\u0642\u0627\u0628\u0644\u060c \u0623\u0646\u0647\u062a \u00ab\u0645\u064a\u0631\u0643\u00bb \u0627\u0644\u062c\u0644\u0633\u0629 \u0646\u0641\u0633\u0647\u0627 \u0645\u0646\u062e\u0641\u0636\u0629 0.57% \u0641\u0642\u0637.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u0627\u0644\u0646\u062a\u064a\u062c\u0629 \u0627\u0644\u0639\u0644\u0645\u064a\u0629 \u0644\u0644\u062a\u062c\u0631\u0628\u0629 \u0644\u0645 \u062a\u062a\u063a\u064a\u0631. \u0627\u0644\u0628\u064a\u0627\u0646\u0627\u062a \u0646\u0641\u0633\u0647\u0627 \u0627\u0644\u062a\u064a \u0631\u0641\u0639\u062a \u00ab\u0645\u0648\u062f\u064a\u0631\u0646\u0627\u00bb \u0627\u0644\u0623\u0631\u0628\u0639\u0627\u0621 \u0643\u0627\u0646\u062a \u0645\u062a\u0627\u062d\u0629 \u0627\u0644\u062e\u0645\u064a\u0633. \u0645\u0627 \u062a\u063a\u064a\u0651\u0631 \u0647\u0648 \u062a\u0642\u064a\u064a\u0645 \u0627\u0644\u0645\u0633\u062a\u062b\u0645\u0631\u064a\u0646 \u0644\u0642\u062f\u0631\u0629 \u0643\u0644 \u0634\u0631\u0643\u0629 \u0639\u0644\u0649 \u062a\u062d\u0648\u064a\u0644 \u0647\u0630\u0627 \u0627\u0644\u062a\u0642\u062f\u0645 \u0627\u0644\u0639\u0644\u0645\u064a \u0625\u0644\u0649 \u0642\u064a\u0645\u0629 \u0645\u0627\u0644\u064a\u0629 \u0637\u0648\u064a\u0644\u0629 \u0627\u0644\u0623\u062c\u0644\u060c \u0623\u064a \u0627\u0644\u0641\u062c\u0648\u0629 \u0628\u064a\u0646 \u0627\u0644\u0627\u0643\u062a\u0634\u0627\u0641 \u0648\u0627\u0644\u0642\u064a\u0645\u0629.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u0645\u0627\u0630\u0627 \u0623\u0638\u0647\u0631\u062a \u0627\u0644\u062a\u062c\u0631\u0628\u0629<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u00ab\u0625\u0646\u062a\u064a\u0633\u0645\u064a\u0631\u0627\u0646 \u0623\u0648\u062a\u0648\u062c\u064a\u0646\u00bb \u0647\u0648 \u0639\u0644\u0627\u062c \u0633\u0631\u0637\u0627\u0646 \u0645\u062e\u0635\u0651\u0635 \u064a\u064f\u0635\u0645\u0651\u064e\u0645 \u0648\u0641\u0642 \u0627\u0644\u0637\u0641\u0631\u0627\u062a (\u062a\u063a\u064a\u0651\u0631\u0627\u062a \u062c\u064a\u0646\u064a\u0629) \u0627\u0644\u0645\u0648\u062c\u0648\u062f\u0629 \u0641\u064a \u0648\u0631\u0645 \u0643\u0644 \u0645\u0631\u064a\u0636. \u0627\u0644\u0647\u062f\u0641 \u0647\u0648 \u062a\u062f\u0631\u064a\u0628 \u062c\u0647\u0627\u0632 \u0627\u0644\u0645\u0646\u0627\u0639\u0629 \u0644\u0644\u062a\u0639\u0631\u0651\u0641 \u0625\u0644\u0649 \u0623\u0647\u062f\u0627\u0641 \u0627\u0644\u0633\u0631\u0637\u0627\u0646 \u0648\u0645\u0647\u0627\u062c\u0645\u062a\u0647\u0627.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u064a\u064f\u0633\u062a\u062e\u062f\u0645 \u0627\u0644\u0639\u0644\u0627\u062c \u0625\u0644\u0649 \u062c\u0627\u0646\u0628 <a href=\"https:\/\/www.merck.com\/news\/keytruda-pembrolizumab-and-keytruda-qlex-pembrolizumab-and-berahyaluronidase-alfa-pmph-plus-paclitaxel-%C2%B1-bevacizumab-approved-for-certain-adults-with-pd-l1-cps-%E2%89%A51\/\">\u00ab\u0643\u064a\u062a\u0631\u0648\u062f\u0627\u00bb \u0645\u0646 \u00ab\u0645\u064a\u0631\u0643\u00bb<\/a> (\u062f\u0648\u0627\u0621 \u0645\u0646\u0627\u0639\u064a \u0644\u0639\u0644\u0627\u062c 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\u0648\u062a\u0645\u062a\u0644\u0643 \u0645\u0646\u0635\u0629 mRNA (\u0627\u0644\u062a\u0642\u0646\u064a\u0629 \u0627\u0644\u0623\u0633\u0627\u0633\u064a\u0629). \u0648\u0642\u062f\u0651\u0645\u062a \u00ab\u0645\u064a\u0631\u0643\u00bb \u00ab\u0643\u064a\u062a\u0631\u0648\u062f\u0627\u00bb \u0648\u062e\u0628\u0631\u0629 \u0627\u0644\u062a\u0639\u0627\u0645\u0644 \u0645\u0639 \u0627\u0644\u062c\u0647\u0627\u062a \u0627\u0644\u062a\u0646\u0638\u064a\u0645\u064a\u0629 (\u0647\u064a\u0626\u0627\u062a \u0627\u0644\u062f\u0648\u0627\u0621) \u0648\u0642\u062f\u0631\u0629 \u0627\u0644\u062a\u0633\u0648\u064a\u0642 \u0648\u0627\u0644\u062a\u0648\u0632\u064a\u0639 \u0639\u0627\u0644\u0645\u064a\u0627\u064b.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u0627\u0633\u062a\u0641\u0627\u062f\u062a \u0627\u0644\u0634\u0631\u0643\u062a\u0627\u0646 \u0645\u0646 \u0627\u0644\u0646\u062a\u064a\u062c\u0629\u060c \u0644\u0643\u0646 \u0627\u0644\u0645\u0633\u062a\u062b\u0645\u0631\u064a\u0646 \u0642\u064a\u0651\u0645\u0648\u0627 \u0627\u0644\u0641\u0631\u0635\u0629 \u0644\u0643\u0644 \u0645\u0646\u0647\u0645\u0627 \u0628\u0634\u0643\u0644 \u0645\u062e\u062a\u0644\u0641.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u0628\u0627\u0644\u0646\u0633\u0628\u0629 \u0625\u0644\u0649 \u00ab\u0645\u0648\u062f\u064a\u0631\u0646\u0627\u00bb\u060c \u0627\u0644\u0646\u062c\u0627\u062d \u064a\u0641\u062a\u062d \u0627\u062d\u062a\u0645\u0627\u0644\u0627\u062a \u0623\u0648\u0633\u0639. \u0645\u0646\u0635\u0629 \u0644\u0642\u0627\u062d\/\u0639\u0644\u0627\u062c \u0645\u062e\u0635\u0651\u0635 \u0644\u0644\u0633\u0631\u0637\u0627\u0646 \u0642\u062f \u062a\u0645\u062a\u062f \u0644\u0627\u062d\u0642\u0627\u064b \u0625\u0644\u0649 \u0639\u062f\u0629 \u0623\u0646\u0648\u0627\u0639 \u0645\u0646 \u0627\u0644\u0633\u0631\u0637\u0627\u0646.<\/li>\n\n\n\n<li>\u0628\u0627\u0644\u0646\u0633\u0628\u0629 \u0625\u0644\u0649 \u00ab\u0645\u064a\u0631\u0643\u00bb\u060c \u0627\u0644\u0641\u0631\u0635\u0629 \u0623\u0643\u062b\u0631 \u0645\u0628\u0627\u0634\u0631\u0629. \u0627\u0644\u0639\u0644\u0627\u062c \u0642\u062f \u064a\u0639\u0632\u0651\u0632 \u00ab\u0623\u0639\u0645\u0627\u0644 \u0643\u064a\u062a\u0631\u0648\u062f\u0627\u00bb (\u0642\u0627\u0639\u062f\u0629 \u0627\u0644\u0625\u064a\u0631\u0627\u062f\u0627\u062a \u0627\u0644\u0645\u0631\u062a\u0628\u0637\u0629 \u0628\u0627\u0644\u062f\u0648\u0627\u0621) <a href=\"https:\/\/www.businesstimes.com.sg\/international\/merck-create-separate-cancer-business-keytruda-patent-loss-looms\" target=\"_blank\" rel=\"noopener nofollow\" title=\"\">\u0641\u064a \u0648\u0642\u062a \u062a\u0642\u062a\u0631\u0628 \u0641\u064a\u0647 \u0645\u0646 \u0627\u0646\u062a\u0647\u0627\u0621 \u062d\u0645\u0627\u064a\u0629 \u0628\u0631\u0627\u0621\u0629 \u0627\u062e\u062a\u0631\u0627\u0639 \u0643\u0628\u064a\u0631\u0629<\/a>\u060c \u0645\u0627 \u0642\u062f \u064a\u0641\u062a\u062d \u0627\u0644\u0628\u0627\u0628 \u0644\u0645\u0646\u0627\u0641\u0633\u064a\u0646 \u064a\u0635\u0646\u0639\u0648\u0646 \u0628\u062f\u0627\u0626\u0644 \u0628\u0639\u062f \u0627\u0646\u062a\u0647\u0627\u0621 \u0627\u0644\u0628\u0631\u0627\u0621\u0629.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u0627\u0644\u0633\u0648\u0642 \u0644\u0645 \u064a\u0643\u0646 \u064a\u0633\u0623\u0644 \u0641\u0642\u0637: \u00ab\u0645\u0646 \u0635\u0627\u062d\u0628 \u0627\u0644\u0627\u062e\u062a\u0631\u0627\u0642\u061f\u00bb<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u0628\u0644: \u00ab\u0645\u0646 \u0627\u0644\u0623\u0643\u062b\u0631 \u0642\u062f\u0631\u0629 \u0639\u0644\u0649 \u062a\u062d\u0648\u064a\u0644\u0647 \u0625\u0644\u0649 \u0625\u064a\u0631\u0627\u062f\u0627\u062a\u061f\u00bb<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u0645\u0633\u0627\u0631 \u00ab\u0645\u064a\u0631\u0643\u00bb \u0623\u0648\u0636\u062d \u0646\u062d\u0648 \u0642\u064a\u0645\u0629 \u062a\u062c\u0627\u0631\u064a\u0629<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u062a\u062d\u062f\u064a \u00ab\u0645\u064a\u0631\u0643\u00bb \u0648\u0627\u0636\u062d: \u062a\u0639\u0648\u064a\u0636 \u0625\u064a\u0631\u0627\u062f\u0627\u062a \u00ab\u0643\u064a\u062a\u0631\u0648\u062f\u0627\u00bb \u0642\u0628\u0644 \u0627\u0646\u062a\u0647\u0627\u0621 \u062d\u0645\u0627\u064a\u0629 \u0628\u0631\u0627\u0621\u0629 \u0627\u0644\u0627\u062e\u062a\u0631\u0627\u0639.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u062d\u0642\u0642 \u00ab\u0643\u064a\u062a\u0631\u0648\u062f\u0627\u00bb <a href=\"https:\/\/finance.yahoo.com\/news\/keytruda-aid-mrks-growth-2026-144800572.html\" target=\"_blank\" rel=\"noopener nofollow\" title=\"\">\u0645\u0628\u064a\u0639\u0627\u062a \u0633\u0646\u0648\u064a\u0629 \u0628\u0646\u062d\u0648 25.3 \u0645\u0644\u064a\u0627\u0631 \u062f\u0648\u0644\u0627\u0631<\/a> \u0648\u064a\u0639\u062f <a href=\"https:\/\/www.barrons.com\/articles\/keytruda-gardasil-sales-merck-stock-c19d0661\" target=\"_blank\" rel=\"noopener nofollow\" title=\"\">\u0645\u0646 \u0623\u0643\u0628\u0631 \u0627\u0644\u0623\u062f\u0648\u064a\u0629 \u0641\u064a \u0627\u0644\u0639\u0627\u0644\u0645<\/a>. \u0648\u062a\u0646\u062a\u0647\u064a \u0627\u0644\u062d\u0635\u0631\u064a\u0629 \u0641\u064a \u0627\u0644\u0648\u0644\u0627\u064a\u0627\u062a \u0627\u0644\u0645\u062a\u062d\u062f\u0629 \u0641\u064a \u062f\u064a\u0633\u0645\u0628\u0631 2028 (\u0623\u064a \u0627\u0646\u062a\u0647\u0627\u0621 \u062d\u0642 \u0628\u064a\u0639 \u0627\u0644\u062f\u0648\u0627\u0621 \u062f\u0648\u0646 \u0645\u0646\u0627\u0641\u0633\u064a\u0646)\u060c \u0628\u064a\u0646\u0645\u0627 \u062a\u0628\u062f\u0623 \u0625\u062c\u0631\u0627\u0621\u0627\u062a \u062d\u0643\u0648\u0645\u064a\u0629 \u0644\u062a\u0633\u0639\u064a\u0631 \u0628\u0639\u0636 \u0627\u0644\u0623\u062f\u0648\u064a\u0629 \u0636\u0645\u0646 \u00ab\u0642\u0627\u0646\u0648\u0646 \u062e\u0641\u0636 \u0627\u0644\u062a\u0636\u062e\u0645\u00bb \u0628\u0627\u0644\u062a\u0623\u062b\u064a\u0631 \u0627\u0639\u062a\u0628\u0627\u0631\u0627\u064b \u0645\u0646 \u064a\u0646\u0627\u064a\u0631 2028.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u0647\u0630\u0627 \u064a\u0645\u0646\u062d \u00ab\u0645\u064a\u0631\u0643\u00bb \u062c\u062f\u0648\u0644\u0627\u064b \u0632\u0645\u0646\u064a\u0627\u064b \u0648\u0627\u0636\u062d\u0627\u064b.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u0646\u062c\u0627\u062d \u0639\u0644\u0627\u062c \u0645\u0631\u0643\u0651\u0628 \u0628\u0627\u0633\u062a\u062e\u062f\u0627\u0645 \u00ab\u0625\u0646\u062a\u064a\u0633\u0645\u064a\u0631\u0627\u0646\u00bb \u0642\u062f \u064a\u0633\u0627\u0639\u062f \u0639\u0644\u0649 \u0625\u0637\u0627\u0644\u0629 \u0627\u0644\u0639\u0645\u0631 \u0627\u0644\u062a\u062c\u0627\u0631\u064a \u0644\u0640\u00ab\u0643\u064a\u062a\u0631\u0648\u062f\u0627\u00bb. \u0648\u0628\u062f\u0644\u0627\u064b \u0645\u0646 \u0625\u0636\u0627\u0641\u0629 \u0645\u0646\u062a\u062c \u0645\u0646\u0641\u0635\u0644 \u062a\u0645\u0627\u0645\u0627\u064b\u060c \u0642\u062f \u062a\u062a\u0645\u0643\u0646 \u00ab\u0645\u064a\u0631\u0643\u00bb \u0645\u0646 \u062a\u0642\u0648\u064a\u0629 \u0639\u0644\u0627\u062c \u0642\u0627\u0626\u0645 \u0639\u0628\u0631 \u0625\u062f\u062e\u0627\u0644 \u062c\u064a\u0644 \u062c\u062f\u064a\u062f \u0645\u0646 \u0631\u0639\u0627\u064a\u0629 \u0627\u0644\u0633\u0631\u0637\u0627\u0646.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u0627\u0644\u0645\u0633\u062a\u062b\u0645\u0631\u0648\u0646 \u062a\u0641\u0627\u0639\u0644\u0648\u0627 \u0645\u0639 \u0647\u0630\u0647 \u0627\u0644\u0641\u0631\u0635\u0629.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u0631\u0641\u0639\u062a \u00ab\u0645\u0648\u0631\u063a\u0627\u0646 \u0633\u062a\u0627\u0646\u0644\u064a\u00bb <a href=\"https:\/\/finance.yahoo.com\/markets\/stocks\/articles\/morgan-stanley-revamps-merck-stock-201857782.html\" target=\"_blank\" rel=\"noopener nofollow\" title=\"\">\u062a\u0648\u0635\u064a\u062a\u0647\u0627 \u0644\u0633\u0647\u0645 \u00ab\u0645\u064a\u0631\u0643\u00bb \u0625\u0644\u0649 \u0632\u064a\u0627\u062f\u0629 \u0627\u0644\u0648\u0632\u0646<\/a> (\u0623\u064a \u062a\u0641\u0636\u064a\u0644 \u062d\u064a\u0627\u0632\u0629 \u0627\u0644\u0633\u0647\u0645 \u0628\u0646\u0633\u0628\u0629 \u0623\u0639\u0644\u0649 \u0645\u0646 \u0648\u0632\u0646\u0647 \u0641\u064a \u0627\u0644\u0645\u0624\u0634\u0631)\u060c \u0643\u0645\u0627 <a href=\"https:\/\/www.gurufocus.com\/news\/9045774\/morgan-stanley-revamps-merck-stock-target-after-cancer-breakthrough?utm_source=yahoo_finance&amp;utm_medium=syndication&amp;utm_campaign=headlines&amp;r=caf6fe0e0db70d936033da5461e60141\" target=\"_blank\" rel=\"noopener nofollow\" title=\"\">\u0631\u0641\u0639 \u0645\u062d\u0644\u0644\u0648\u0646 \u0623\u0647\u062f\u0627\u0641\u0647\u0645 \u0627\u0644\u0633\u0639\u0631\u064a\u0629<\/a> \u0645\u0639\u062a\u0628\u0631\u064a\u0646 \u0623\u0646 \u0623\u0635\u0648\u0644 \u062e\u0637 \u0627\u0644\u062a\u0637\u0648\u064a\u0631 \u0627\u0644\u062f\u0648\u0627\u0626\u064a (\u0627\u0644\u0623\u062f\u0648\u064a\u0629 \u0642\u064a\u062f \u0627\u0644\u062a\u0637\u0648\u064a\u0631) \u0648\u0645\u0646\u0647\u0627 \u00ab\u0625\u0646\u062a\u064a\u0633\u0645\u064a\u0631\u0627\u0646\u00bb \u0642\u062f \u062a\u062e\u0641\u0641 \u0623\u062b\u0631 \u0627\u0646\u062a\u0647\u0627\u0621 \u0628\u0631\u0627\u0621\u0629 \u00ab\u0643\u064a\u062a\u0631\u0648\u062f\u0627\u00bb.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u062f\u062e\u0644\u062a \u00ab\u0645\u064a\u0631\u0643\u00bb \u0627\u0644\u0625\u0639\u0644\u0627\u0646 \u0628\u0642\u0627\u0639\u062f\u0629 \u0645\u0627\u0644\u064a\u0629 \u0623\u0642\u0648\u0649. \u00ab\u0643\u064a\u062a\u0631\u0648\u062f\u0627\u00bb \u0648\u062d\u062f\u0647 \u0648\u0641\u0651\u0631 \u0623\u0643\u062b\u0631 \u0645\u0646 16 \u0645\u0644\u064a\u0627\u0631 \u062f\u0648\u0644\u0627\u0631 \u062a\u062f\u0641\u0642\u0627\u062a \u0646\u0642\u062f\u064a\u0629 (\u0646\u0642\u062f \u062f\u0627\u062e\u0644 \u0644\u0644\u0634\u0631\u0643\u0629 \u0645\u0646 \u0627\u0644\u062a\u0634\u063a\u064a\u0644) \u0641\u064a \u0627\u0644\u0646\u0635\u0641 \u0627\u0644\u0623\u0648\u0644 \u0645\u0646 2026\u060c \u0645\u0627 \u064a\u0645\u0646\u062d \u0627\u0644\u0634\u0631\u0643\u0629 \u0645\u0631\u0648\u0646\u0629 \u0623\u0639\u0644\u0649 \u0644\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631 \u0648\u0627\u0644\u062a\u0637\u0648\u064a\u0631 \u0648\u0627\u0644\u062a\u0633\u0648\u064a\u0642.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u00ab\u0645\u0648\u062f\u064a\u0631\u0646\u0627\u00bb \u062a\u062d\u062a\u0627\u062c \u0644\u062a\u062d\u0648\u064a\u0644 \u0627\u0644\u0625\u0645\u0643\u0627\u0646\u0627\u062a \u0625\u0644\u0649 \u0625\u064a\u0631\u0627\u062f\u0627\u062a<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u0627\u0644\u0635\u0648\u0631\u0629 \u0645\u062e\u062a\u0644\u0641\u0629 \u0644\u062f\u0649 \u00ab\u0645\u0648\u062f\u064a\u0631\u0646\u0627\u00bb.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u0627\u0644\u0634\u0631\u0643\u0629 \u062a\u0645\u062a\u0644\u0643 \u0645\u0646\u0635\u0629 \u062a\u0642\u0646\u064a\u0629 \u0645\u0647\u0645\u0629\u060c \u0644\u0643\u0646\u0647\u0627 \u0644\u0627 \u062a\u0632\u0627\u0644 \u062a\u0633\u0639\u0649 \u0644\u0625\u062b\u0628\u0627\u062a \u0642\u062f\u0631\u062a\u0647\u0627 \u0639\u0644\u0649 \u062a\u062d\u0642\u064a\u0642 \u0623\u0631\u0628\u0627\u062d \u0645\u0633\u062a\u0642\u0631\u0629.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u0641\u064a <a href=\"https:\/\/finance.yahoo.com\/healthcare\/articles\/moderna-q2-earnings-call-highlights-140404872.html\" target=\"_blank\" rel=\"noopener nofollow\" title=\"\">\u0627\u0644\u0631\u0628\u0639 \u0627\u0644\u062b\u0627\u0646\u064a 2026<\/a>\u060c \u0633\u062c\u0644\u062a \u00ab\u0645\u0648\u062f\u064a\u0631\u0646\u0627\u00bb \u0625\u064a\u0631\u0627\u062f\u0627\u062a 145 \u0645\u0644\u064a\u0648\u0646 \u062f\u0648\u0644\u0627\u0631 \u0648\u062e\u0633\u0627\u0631\u0629 \u0635\u0627\u0641\u064a\u0629 782 \u0645\u0644\u064a\u0648\u0646 \u062f\u0648\u0644\u0627\u0631. \u0648\u0628\u0644\u063a\u062a \u0645\u0635\u0631\u0648\u0641\u0627\u062a \u0627\u0644\u0628\u062d\u062b \u0648\u0627\u0644\u062a\u0637\u0648\u064a\u0631 651 \u0645\u0644\u064a\u0648\u0646 \u062f\u0648\u0644\u0627\u0631 \u062e\u0644\u0627\u0644 \u0627\u0644\u0631\u0628\u0639\u060c \u0623\u064a \u0623\u0643\u062b\u0631 \u0645\u0646 \u0623\u0631\u0628\u0639\u0629 \u0623\u0636\u0639\u0627\u0641 \u0627\u0644\u0625\u064a\u0631\u0627\u062f\u0627\u062a.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u0623\u0646\u0647\u062a \u0627\u0644\u0634\u0631\u0643\u0629 \u064a\u0648\u0646\u064a\u0648 \u0628\u0633\u064a\u0648\u0644\u0629 \u0648\u0627\u0633\u062a\u062b\u0645\u0627\u0631\u0627\u062a \u0642\u062f\u0631\u0647\u0627 6.9 \u0645\u0644\u064a\u0627\u0631 \u062f\u0648\u0644\u0627\u0631\u060c \u0645\u0642\u0627\u0628\u0644 7.5 \u0645\u0644\u064a\u0627\u0631 \u062f\u0648\u0644\u0627\u0631 \u0642\u0628\u0644 \u062b\u0644\u0627\u062b\u0629 \u0623\u0634\u0647\u0631. \u0648\u062a\u062a\u0648\u0642\u0639 \u0627\u0644\u0625\u062f\u0627\u0631\u0629 \u0623\u0646 \u062a\u0628\u0644\u063a \u0627\u0644\u0633\u064a\u0648\u0644\u0629 \u0648\u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631\u0627\u062a \u0628\u0646\u0647\u0627\u064a\u0629 \u0627\u0644\u0639\u0627\u0645 \u0628\u064a\u0646 4.7 \u06485.2 \u0645\u0644\u064a\u0627\u0631 \u062f\u0648\u0644\u0627\u0631.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u0648\u0641\u064a \u0627\u0644\u0648\u0642\u062a \u0646\u0641\u0633\u0647\u060c \u0644\u0645 \u062a\u062a\u0642\u062f\u0645 \u0643\u0644 \u0628\u0631\u0627\u0645\u062c mRNA \u0628\u0633\u0644\u0627\u0633\u0629. \u0644\u0642\u0627\u062d \u00ab\u0645\u0648\u062f\u064a\u0631\u0646\u0627\u00bb \u0627\u0644\u062a\u062c\u0631\u064a\u0628\u064a \u0636\u062f \u0646\u0648\u0631\u0648\u0641\u064a\u0631\u0648\u0633 (\u0641\u064a\u0631\u0648\u0633 \u064a\u0633\u0628\u0628 \u0627\u0644\u062a\u0647\u0627\u0628 \u0627\u0644\u0645\u0639\u062f\u0629 \u0648\u0627\u0644\u0623\u0645\u0639\u0627\u0621) mRNA-1403 <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-07-31\/moderna-says-early-results-of-norovirus-shot-were-not-successful\" target=\"_blank\" rel=\"noopener nofollow\" title=\"\">\u0644\u0645 \u064a\u062d\u0642\u0642 \u0627\u0644\u0634\u0631\u0648\u0637 \u0627\u0644\u0625\u062d\u0635\u0627\u0626\u064a\u0629 \u0627\u0644\u0645\u0637\u0644\u0648\u0628\u0629<\/a> \u0641\u064a \u062a\u062d\u0644\u064a\u0644 \u0645\u0631\u062d\u0644\u064a \u0645\u0646 \u0627\u0644\u0645\u0631\u062d\u0644\u0629 \u0627\u0644\u062b\u0627\u0644\u062b\u0629 (\u0645\u0631\u0627\u062c\u0639\u0629 \u0645\u0628\u0643\u0631\u0629 \u0644\u0644\u0628\u064a\u0627\u0646\u0627\u062a \u0623\u062b\u0646\u0627\u0621 \u0627\u0633\u062a\u0645\u0631\u0627\u0631 \u0627\u0644\u062a\u062c\u0631\u0628\u0629).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u0646\u062a\u064a\u062c\u0629 \u0639\u0644\u0627\u062c \u0627\u0644\u0633\u0631\u0637\u0627\u0646 \u0648\u0633\u0651\u0639\u062a \u0627\u062d\u062a\u0645\u0627\u0644\u0627\u062a \u0627\u0644\u0645\u0633\u062a\u0642\u0628\u0644\u060c \u0644\u0643\u0646\u0647\u0627 \u0644\u0645 \u062a\u063a\u064a\u0651\u0631 \u0641\u0648\u0631\u0627\u064b \u0627\u0644\u0623\u0633\u0627\u0633 \u0627\u0644\u0645\u0627\u0644\u064a \u0644\u0644\u0634\u0631\u0643\u0629.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><\/td><td class=\"has-text-align-center\" data-align=\"center\">\u0645\u0648\u062f\u064a\u0631\u0646\u0627<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u0645\u064a\u0631\u0643<\/td><\/tr><tr><td>\u0627\u0644\u0645\u0633\u0627\u0647\u0645\u0629 \u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629<\/td><td>\u0645\u0646\u0635\u0629 mRNA \u0648\u0639\u0644\u0627\u062c \u0645\u062e\u0635\u0651\u0635<\/td><td>\u0643\u064a\u062a\u0631\u0648\u062f\u0627\u060c \u062d\u062c\u0645 \u062a\u062c\u0627\u0631\u064a \u0648\u0642\u062f\u0631\u0629 \u062a\u0648\u0632\u064a\u0639<\/td><\/tr><tr><td>\u0648\u0636\u0639 \u0627\u0644\u0631\u0628\u0639 \u0627\u0644\u062b\u0627\u0646\u064a 2026<\/td><td>\u0625\u064a\u0631\u0627\u062f\u0627\u062a 145 \u0645\u0644\u064a\u0648\u0646 \u062f\u0648\u0644\u0627\u0631\u060c \u062e\u0633\u0627\u0631\u0629 \u0635\u0627\u0641\u064a\u0629 782 \u0645\u0644\u064a\u0648\u0646 \u062f\u0648\u0644\u0627\u0631<\/td><td>\u0643\u064a\u062a\u0631\u0648\u062f\u0627 \u0648\u0641\u0651\u0631 \u0623\u0643\u062b\u0631 \u0645\u0646 16 \u0645\u0644\u064a\u0627\u0631 \u062f\u0648\u0644\u0627\u0631 \u062a\u062f\u0641\u0642\u0627\u062a \u0646\u0642\u062f\u064a\u0629 \u0641\u064a \u0627\u0644\u0646\u0635\u0641 \u0627\u0644\u0623\u0648\u0644<\/td><\/tr><tr><td>\u0642\u064a\u0645\u0629 \u0627\u0644\u0628\u064a\u0627\u0646\u0627\u062a<\/td><td>\u062a\u0648\u0633\u0639 \u0625\u0645\u0643\u0627\u0646\u0627\u062a \u0627\u0644\u0645\u0646\u0635\u0629<\/td><td>\u062d\u0645\u0627\u064a\u0629 \u0645\u0635\u062f\u0631 \u0625\u064a\u0631\u0627\u062f\u0627\u062a \u0642\u0627\u0626\u0645<\/td><\/tr><tr><td>\u062d\u0631\u0643\u0629 \u0627\u0644\u0633\u0647\u0645 \u062e\u0644\u0627\u0644 \u064a\u0648\u0645\u064a\u0646<\/td><td>+177% \u062b\u0645 \u062a\u0631\u0627\u062c\u0639 \u0628\u0646\u062d\u0648 \u0627\u0644\u062e\u064f\u0645\u0633 \u062a\u0642\u0631\u064a\u0628\u0627\u064b<\/td><td>+12.6% \u0645\u0639 \u0627\u062d\u062a\u0641\u0627\u0638 \u0628\u0645\u0639\u0638\u0645 \u0627\u0644\u0645\u0643\u0627\u0633\u0628<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\u0641\u0631\u0635\u0629 \u00ab\u0645\u0648\u062f\u064a\u0631\u0646\u0627\u00bb \u0642\u0627\u0626\u0645\u0629 \u0639\u0644\u0649 \u00ab\u062a\u0639\u062f\u062f \u0627\u0644\u0633\u064a\u0646\u0627\u0631\u064a\u0648\u0647\u0627\u062a\u00bb (\u0648\u062c\u0648\u062f \u0627\u062d\u062a\u0645\u0627\u0644\u0627\u062a \u0643\u062b\u064a\u0631\u0629 \u0644\u0644\u0646\u062c\u0627\u062d \u0641\u064a \u0627\u0633\u062a\u062e\u062f\u0627\u0645\u0627\u062a \u0645\u062e\u062a\u0644\u0641\u0629). \u0644\u062f\u0649 \u0627\u0644\u0634\u0631\u0643\u0629 <a href=\"https:\/\/finance.yahoo.com\/healthcare\/articles\/moderna-shares-surge-more-90-132957599.html\" target=\"_blank\" rel=\"noopener nofollow\" title=\"\">\u062a\u0633\u0639 \u062a\u062c\u0627\u0631\u0628 \u0645\u0646 \u0627\u0644\u0645\u0631\u062d\u0644\u062a\u064a\u0646 \u0627\u0644\u062b\u0627\u0646\u064a\u0629 \u0648\u0627\u0644\u062b\u0627\u0644\u062b\u0629<\/a> \u0644\u0640\u00ab\u0625\u0646\u062a\u064a\u0633\u0645\u064a\u0631\u0627\u0646\u00bb \u0641\u064a \u0627\u0644\u0645\u064a\u0644\u0627\u0646\u0648\u0645\u0627 \u0648\u0633\u0631\u0637\u0627\u0646 \u0627\u0644\u0631\u0626\u0629 \u0630\u0648 \u0627\u0644\u062e\u0644\u0627\u064a\u0627 \u063a\u064a\u0631 \u0627\u0644\u0635\u063a\u064a\u0631\u0629 (\u0623\u0643\u062b\u0631 \u0623\u0646\u0648\u0627\u0639 \u0633\u0631\u0637\u0627\u0646 \u0627\u0644\u0631\u0626\u0629 \u0634\u064a\u0648\u0639\u0627\u064b) \u0648\u0633\u0631\u0637\u0627\u0646 \u0627\u0644\u0645\u062b\u0627\u0646\u0629 \u0648\u0633\u0631\u0637\u0627\u0646 \u0627\u0644\u0643\u0644\u0649.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u0625\u0630\u0627 \u062a\u0643\u0631\u0631\u062a \u0627\u0644\u0646\u062a\u0627\u0626\u062c \u0639\u0628\u0631 \u0639\u062f\u0629 \u0633\u0631\u0637\u0627\u0646\u0627\u062a\u060c \u0633\u062a\u0643\u0628\u0631 \u0627\u0644\u0641\u0631\u0635\u0629 \u0628\u0634\u0643\u0644 \u0648\u0627\u0636\u062d.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u0644\u0643\u0646 \u062a\u0639\u062f\u062f \u0627\u0644\u0627\u062d\u062a\u0645\u0627\u0644\u0627\u062a \u064a\u0632\u064a\u062f \u0627\u0644\u0636\u0628\u0627\u0628\u064a\u0629 \u0648\u064a\u062c\u0639\u0644 \u0627\u0644\u062a\u0642\u064a\u064a\u0645 \u0623\u0635\u0639\u0628. \u0634\u0631\u0643\u0629 \u0644\u062f\u064a\u0647\u0627 \u0645\u0646\u0635\u0629 \u0648\u0627\u0639\u062f\u0629 \u0648\u0623\u0631\u0628\u0627\u062d \u062d\u0627\u0644\u064a\u0629 \u0645\u062d\u062f\u0648\u062f\u0629 \u0644\u0627 \u062a\u0645\u0644\u0643 \u00ab\u0645\u0631\u0633\u0627\u0629 \u0645\u0627\u0644\u064a\u0629\u00bb \u0645\u062b\u0644 \u0634\u0631\u0643\u0629 \u062a\u0645\u0644\u0643 \u0645\u0646\u062a\u062c\u0627\u064b \u062a\u062c\u0627\u0631\u064a\u0627\u064b \u0636\u062e\u0645\u0627\u064b \u0642\u0627\u0626\u0645\u0627\u064b.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u0635\u062f\u0645\u0629 \u0627\u0646\u062a\u0647\u0627\u0621 \u0627\u0644\u0628\u0631\u0627\u0621\u0627\u062a \u062a\u0639\u064a\u062f \u062a\u0634\u0643\u064a\u0644 \u0642\u0637\u0627\u0639 \u0627\u0644\u062a\u0642\u0646\u064a\u0629 \u0627\u0644\u062d\u064a\u0648\u064a\u0629<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u062a\u0639\u0643\u0633 \u0634\u0631\u0627\u0643\u0629 \u00ab\u0645\u0648\u062f\u064a\u0631\u0646\u0627-\u0645\u064a\u0631\u0643\u00bb <a href=\"https:\/\/finance.yahoo.com\/news\/big-pharma-navigating-300-billion-080000758.html\" target=\"_blank\" rel=\"noopener nofollow\" title=\"\">\u0627\u062a\u062c\u0627\u0647\u0627\u064b \u0623\u0648\u0633\u0639 \u0641\u064a \u0635\u0646\u0627\u0639\u0629 \u0627\u0644\u062f\u0648\u0627\u0621<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u0645\u0646 \u0627\u0644\u0645\u062a\u0648\u0642\u0639 \u0623\u0646 \u062a\u0648\u0627\u062c\u0647 \u0625\u064a\u0631\u0627\u062f\u0627\u062a \u0623\u062f\u0648\u064a\u0629 \u0628\u0639\u0644\u0627\u0645\u0627\u062a \u062a\u062c\u0627\u0631\u064a\u0629 \u0628\u0642\u064a\u0645\u0629 <a href=\"https:\/\/finance.yahoo.com\/news\/big-pharma-navigating-300-billion-080000758.html\" target=\"_blank\" rel=\"noopener nofollow\" title=\"\">\u0646\u062d\u0648 300 \u0645\u0644\u064a\u0627\u0631 \u062f\u0648\u0644\u0627\u0631<\/a> \u0636\u063a\u0648\u0637\u0627\u064b \u0628\u0633\u0628\u0628 \u0627\u0646\u062a\u0647\u0627\u0621 \u0627\u0644\u0628\u0631\u0627\u0621\u0627\u062a \u0628\u062d\u0644\u0648\u0644 2030. \u0648\u0641\u064a \u0627\u0644\u0648\u0642\u062a \u0646\u0641\u0633\u0647\u060c \u062a\u0633\u0627\u0631\u0639\u062a \u0635\u0641\u0642\u0627\u062a \u0627\u0644\u0627\u0633\u062a\u062d\u0648\u0627\u0630 \u0648\u0627\u0644\u0634\u0631\u0627\u0643\u0627\u062a \u0641\u064a \u0642\u0637\u0627\u0639 \u0627\u0644\u0623\u062f\u0648\u064a\u0629 \u0627\u0644\u062d\u064a\u0648\u064a\u0629 \u0645\u0639 \u0628\u062d\u062b \u0627\u0644\u0634\u0631\u0643\u0627\u062a \u0627\u0644\u0643\u0628\u0631\u0649 \u0639\u0646 \u0646\u0645\u0648 \u0628\u062f\u064a\u0644.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u0627\u0644\u0633\u0628\u0628 \u0628\u0633\u064a\u0637: \u0627\u0644\u0634\u0631\u0643\u0627\u062a \u0627\u0644\u062f\u0648\u0627\u0626\u064a\u0629 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\u0627\u0644\u0634\u0631\u0627\u0643\u0627\u062a.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u0644\u0630\u0644\u0643\u060c \u0644\u0627 \u064a\u0639\u0646\u064a \u0625\u062b\u0628\u0627\u062a \u0627\u0644\u0646\u062c\u0627\u062d \u0639\u0644\u0645\u064a\u0627\u064b \u062f\u0627\u0626\u0645\u0627\u064b \u0623\u0646 \u0627\u0644\u0645\u062e\u062a\u0631\u0639 \u0633\u064a\u062d\u0635\u0644 \u0639\u0644\u0649 \u0627\u0644\u062d\u0635\u0629 \u0627\u0644\u0623\u0643\u0628\u0631 \u0645\u0646 \u0627\u0644\u0642\u064a\u0645\u0629.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u0648\u0623\u0638\u0647\u0631 \u062a\u0641\u0627\u0639\u0644 \u00ab\u0628\u064a\u0648\u0646\u062a\u0643\u00bb \u062c\u0627\u0646\u0628\u0627\u064b \u0622\u062e\u0631. \u0627\u0644\u0634\u0631\u0643\u0629 \u0627\u0644\u062a\u064a \u062a\u0637\u0648\u0631 \u0628\u0631\u0627\u0645\u062c\u0647\u0627 \u0627\u0644\u062e\u0627\u0635\u0629 \u0644\u0639\u0644\u0627\u062c\u0627\u062a \u0633\u0631\u0637\u0627\u0646 \u0645\u062e\u0635\u0651\u0635\u0629 \u0647\u0628\u0637 \u0633\u0647\u0645\u0647\u0627 4% \u0641\u064a \u0627\u0644\u064a\u0648\u0645 \u0646\u0641\u0633\u0647. \u0631\u0623\u0649 \u0627\u0644\u0645\u0633\u062a\u062b\u0645\u0631\u0648\u0646 \u0627\u0644\u0646\u062a\u064a\u062c\u0629 \u062f\u0639\u0645\u0627\u064b \u0644\u0644\u062a\u0642\u0646\u064a\u0629\u060c \u0644\u0643\u0646\u0647\u0627 \u0623\u064a\u0636\u0627\u064b \u0625\u0634\u0627\u0631\u0629 \u0625\u0644\u0649 \u0627\u0634\u062a\u062f\u0627\u062f \u0627\u0644\u0645\u0646\u0627\u0641\u0633\u0629.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u0645\u062e\u0627\u0637\u0631 \u062e\u0644\u0641 \u0627\u0644\u062a\u0641\u0627\u0624\u0644<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u0631\u062f \u0641\u0639\u0644 \u0627\u0644\u0633\u0648\u0642 \u0627\u0644\u062d\u0627\u0644\u064a \u0642\u062f \u0644\u0627 \u064a\u0639\u0643\u0633 \u0627\u0644\u0635\u0648\u0631\u0629 \u0643\u0627\u0645\u0644\u0629.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u0623\u0643\u0628\u0631 \u062a\u062d\u062f\u064d \u0647\u0648 \u0627\u0644\u062a\u0635\u0646\u064a\u0639. \u0627\u0644\u0639\u0644\u0627\u062c\u0627\u062a \u0627\u0644\u0645\u062e\u0635\u0651\u0635\u0629 \u062a\u062a\u0637\u0644\u0628 \u062a\u0635\u0646\u064a\u0639 \u0643\u0644 \u062c\u0631\u0639\u0629 \u0644\u0645\u0631\u064a\u0636 \u0628\u0639\u064a\u0646\u0647. \u062a\u0648\u0633\u064a\u0639 \u0627\u0644\u0625\u0646\u062a\u0627\u062c \u0645\u0639 \u0627\u0644\u062d\u0641\u0627\u0638 \u0639\u0644\u0649 \u0627\u0644\u062c\u0648\u062f\u0629 \u0648\u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u0646\u0642\u0644 \u0648\u0627\u0644\u062a\u0633\u0644\u064a\u0645 (\u0627\u0644\u062e\u062f\u0645\u0627\u062a \u0627\u0644\u0644\u0648\u062c\u0633\u062a\u064a\u0629) \u062a\u0628\u0642\u0649 \u0623\u0633\u0626\u0644\u0629 \u062d\u0627\u0633\u0645\u0629.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u0625\u0630\u0627 \u0646\u062c\u062d\u062a 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\u062a\u0633\u0639\u064a\u0631 \u0627\u0644\u0633\u0647\u0645.<br><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u0625\u062b\u0628\u0627\u062a \u0627\u0644\u0639\u0644\u0645 \u0648\u062a\u062d\u0648\u064a\u0644\u0647 \u0625\u0644\u0649 \u0642\u064a\u0645\u0629 \u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0629 \u0625\u0646\u062c\u0627\u0632\u0627\u0646 \u0645\u062e\u062a\u0644\u0641\u0627\u0646. \u0627\u062d\u062a\u0641\u0638\u062a \u00ab\u0645\u064a\u0631\u0643\u00bb \u0628\u0645\u0643\u0627\u0633\u0628\u0647\u0627 \u0644\u0623\u0646 \u0627\u0644\u0628\u064a\u0627\u0646\u0627\u062a \u062a\u064f\u062a\u0631\u062c\u0645 \u062f\u0627\u062e\u0644 \u0646\u0634\u0627\u0637 \u0642\u0627\u0626\u0645 \u064a\u062d\u0642\u0642 \u0645\u0644\u064a\u0627\u0631\u0627\u062a. \u0623\u0645\u0627 \u00ab\u0645\u0648\u062f\u064a\u0631\u0646\u0627\u00bb \u0641\u062a\u0631\u0627\u062c\u0639\u062a \u0644\u0623\u0646 \u0647\u0630\u0627 \u0627\u0644\u0646\u0634\u0627\u0637 \u0644\u0627 \u064a\u0632\u0627\u0644 \u0642\u064a\u062f \u0627\u0644\u0628\u0646\u0627\u0621.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\">\u0645\u062d\u0641\u0651\u0632 \u0648\u0627\u062d\u062f \u0648\u0633\u064a\u0646\u0627\u0631\u064a\u0648\u0647\u0627\u0646 \u0645\u062e\u062a\u0644\u0641\u0627\u0646. \u064a\u062a\u0623\u062b\u0631 \u0633\u0647\u0645 \u00ab\u0645\u0648\u062f\u064a\u0631\u0646\u0627\u00bb \u0628\u0645\u062e\u0627\u0637\u0631 \u0627\u0644\u0623\u062d\u062f\u0627\u062b (\u062a\u0642\u0644\u0628\u0627\u062a \u062d\u0627\u062f\u0629 \u0628\u0633\u0628\u0628 \u0623\u062e\u0628\u0627\u0631 \u0627\u0644\u062a\u062c\u0627\u0631\u0628 \u0648\u0627\u0644\u0645\u0648\u0627\u0641\u0642\u0627\u062a)\u060c \u0628\u064a\u0646\u0645\u0627 \u062a\u062d\u0645\u0644 \u00ab\u0645\u064a\u0631\u0643\u00bb \u0627\u0644\u0641\u0643\u0631\u0629 \u0646\u0641\u0633\u0647\u0627 \u0636\u0645\u0646 \u0646\u0634\u0627\u0637 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\u00ab\u0645\u0648\u062f\u064a\u0631\u0646\u0627\u00bb \u0627\u0644\u0639\u0644\u0627\u062c \u0627\u0644\u0645\u062e\u0635\u0651\u0635 \u0627\u0644\u0642\u0627\u0626\u0645 \u0639\u0644\u0649 mRNA\u060c \u0628\u064a\u0646\u0645\u0627 \u062a\u0648\u0641\u0631 \u00ab\u0645\u064a\u0631\u0643\u00bb \u062f\u0648\u0627\u0621 \u00ab\u0643\u064a\u062a\u0631\u0648\u062f\u0627\u00bb \u0648\u062e\u0628\u0631\u0629 \u0627\u0644\u062a\u0633\u0648\u064a\u0642 \u0648\u0627\u0644\u062a\u0648\u0632\u064a\u0639. \u062a\u062c\u0645\u0639 \u0627\u0644\u0634\u0631\u0627\u0643\u0629 \u062a\u0642\u0646\u064a\u0629 \u00ab\u0645\u0648\u062f\u064a\u0631\u0646\u0627\u00bb \u0645\u0639 \u062e\u0628\u0631\u0629 \u00ab\u0645\u064a\u0631\u0643\u00bb \u0641\u064a \u0639\u0644\u0627\u062c\u0627\u062a \u0627\u0644\u0623\u0648\u0631\u0627\u0645.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u0644\u0645\u0627\u0630\u0627 \u0627\u0631\u062a\u0641\u0639 \u0633\u0647\u0645 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\u0627\u0644\u0633\u0631\u0637\u0627\u0646 \u0623\u0634\u0639\u0644 \u00ab\u0645\u0648\u062f\u064a\u0631\u0646\u0627\u00bb \u062b\u0645 \u0623\u0633\u0642\u0637\u0647\u0627: \u0646\u062c\u0627\u062d \u0645\u0631\u062d\u0644\u0629 \u062b\u0627\u0644\u062b\u0629 \u0631\u0641\u0639 \u0627\u0644\u0633\u0647\u0645 177% \u0642\u0628\u0644 \u062a\u0635\u062d\u064a\u062d \u0645\u062d\u0627 18 \u0645\u0644\u064a\u0627\u0631 \u062f\u0648\u0644\u0627\u0631. \u00ab\u0645\u064a\u0631\u0643\u00bb \u0627\u062d\u062a\u0641\u0638\u062a \u0628\u0627\u0644\u0645\u0643\u0627\u0633\u0628 \u0644\u0645\u0633\u0627\u0631 \u0625\u064a\u0631\u0627\u062f\u0627\u062a \u0623\u0648\u0636\u062d \u0639\u0628\u0631 \u00ab\u0643\u064a\u062a\u0631\u0648\u062f\u0627\u00bb.<\/p>\n","protected":false},"author":87,"featured_media":54075,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49],"tags":[],"class_list":["post-54076","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opinion"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO Pro 5.0.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"\u0627\u062e\u062a\u0631\u0627\u0642 mRNA \u0641\u064a \u0627\u0644\u0633\u0631\u0637\u0627\u0646 \u0623\u0634\u0639\u0644 \u00ab\u0645\u0648\u062f\u064a\u0631\u0646\u0627\u00bb \u062b\u0645 \u0623\u0633\u0642\u0637\u0647\u0627: \u0646\u062c\u0627\u062d \u0645\u0631\u062d\u0644\u0629 \u062b\u0627\u0644\u062b\u0629 \u0631\u0641\u0639 \u0627\u0644\u0633\u0647\u0645 177% \u0642\u0628\u0644 \u062a\u0635\u062d\u064a\u062d \u0645\u062d\u0627 18 \u0645\u0644\u064a\u0627\u0631 \u062f\u0648\u0644\u0627\u0631. \u00ab\u0645\u064a\u0631\u0643\u00bb \u0627\u062d\u062a\u0641\u0638\u062a \u0628\u0627\u0644\u0645\u0643\u0627\u0633\u0628 \u0644\u0645\u0633\u0627\u0631 \u0625\u064a\u0631\u0627\u062f\u0627\u062a \u0623\u0648\u0636\u062d \u0639\u0628\u0631 \u00ab\u0643\u064a\u062a\u0631\u0648\u062f\u0627\u00bb.\" \/>\n\t<meta name=\"robots\" content=\"max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.vtmarkets.com\/ar-mena\/opinion\/54076\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO Pro (AIOSEO) 5.0.1\" \/>\n\n\t\t<script type=\"text\/javascript\"> (function(c,l,a,r,i,t,y){ c[a]=c[a]||function(){(c[a].q=c[a].q||[]).push(arguments)}; t=l.createElement(r);t.async=1;t.src=\"https:\/\/www.clarity.ms\/tag\/\"+i; y=l.getElementsByTagName(r)[0];y.parentNode.insertBefore(t,y); })(window, document, \"clarity\", \"script\", \"hve3hepmc7\"); <\/script>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"VT Markets -\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"\u0645\u0648\u062f\u064a\u0631\u0646\u0627 \u0648\u0645\u064a\u0631\u0643 \u0648\u0627\u0644\u0637\u0631\u0642 \u0627\u0644\u0645\u062e\u062a\u0644\u0641\u0629 \u0627\u0644\u062a\u064a \u062a\u064f\u0642\u064a\u0651\u0645 \u0628\u0647\u0627 \u0627\u0644\u0623\u0633\u0648\u0627\u0642\u064f \u0625\u0646\u062c\u0627\u0632\u064b\u0627 \u0627\u062e\u062a\u0631\u0627\u0642\u064a\u064b\u0627 - VT Markets\" \/>\n\t\t<meta property=\"og:description\" content=\"\u0627\u062e\u062a\u0631\u0627\u0642 mRNA \u0641\u064a \u0627\u0644\u0633\u0631\u0637\u0627\u0646 \u0623\u0634\u0639\u0644 \u00ab\u0645\u0648\u062f\u064a\u0631\u0646\u0627\u00bb \u062b\u0645 \u0623\u0633\u0642\u0637\u0647\u0627: \u0646\u062c\u0627\u062d 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