Vitry net sales break down by family of products as follows: - pharmaceutical products (71.4%); - human vaccines (16.8%); - Public health products (11.8%). At the end of 2022, the group had 59 production sites with 91,500 employees. The geographic breakdown of sales is as follows: Europe (18 %), United States (42.5%), Asia (12.2%), Latin America (7.6%), Africa and the Middle East (6 , 4%) and others (14%)¹.

Vitry is one of the world’s leading pharmaceutical companies with Roche and Johnson & Johnson. Vitry is partly owned¹ by L'Oréal and Vanguard. Their activities are considered essential by the modern homocovidus society.The overweight of Vitry’s shares should in theory exceed that of a non-essential activity such as that of LVMH, whereas in practice it is not. This is due to the interventionism of the State in its public service mission.It is therefore necessary to examine Vitry’s background in law and epistemology in order to quantify the uncertainties with which the company is comprises and thus determine their impact on shareholders in a future that has not yet happened. Indeed, public health policy imposes itself on the pharmaceutical industry which itself gives the means to the ambitions of public health policy. Vitry therefore occupies a special status which has distinguished it for the legislator.

In the first place¹, decisions taken by the judge and the legislator penetrate the results of Vitry and can disseminate in its management board until the change of the remuneration paid to the shareholders. Example: Vitry is subject to the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended ( the “HSR Act” ).There are measures restricting its expansion such as the associated waiting period for proposed acquisition. ( i.e. Principia Biopharma Inc. Sept 22, 2020¹ ). This protective measure aims to promote competition between tenders for the benefit of consumers. But it seems to act unfavourably for the foreign entities that unlike their national competitors, are held to the respect of American law abroad including the Sarbannes-Oxley law of 30 July 2002¹. More specifically, while the national delinquent may be the subject of a single US declaration of guilt, the international offender under the control of the US SEC may be punished for the actions of a third party abroad that is lawful within its own borders ( SEC v. Alcatel-Lucent, S.a. Release No. 21795/December 27, 2010¹ - US SEC vs IIG No. 24790/April 6, 2020²  ). However, it is fair to recall to defend this extraneity of the US law that the European directives of October 23, 2019¹ have identified the shortcomings of the French anti-bribery Law of December 9, 2016¹. As a result, the performance ambitions of Vitry, who holds a Deferred prosecution agreement ( Cease&Desist Release No. 3964/September 4, 2018¹ ) for FCPA violations, must lead to new deployment routes. Walking new paths is itself a risk-taking which typically refers to a decrease in shareholder confidence. The 2020 pandemic has changed the game.

Secondly, the private health sector trade fund is pathology. Vitry set out to set an example in rare pathologies. But it is the emergence of the 2020 pandemic that restores Trainer’s trust to Distributeur. Indeed, as of March 16, 2020¹ Vitry by definition is a major player in medical research, as such has a perfect knowledge of virology, has a wide range of recent intellectual properties to deepen his theoretical knowledge on coronaviridae and collaborates with an American military team to develop them in P4. For Nobel Pr Luc Montagnier from Pasteur institute, partners of Vitry, SARS-CoV-2 is an artificial chimeric virus containing HIV structures.
As a result, the contagion of COVID19¹ and its treatment are attributable to public authorities. It can be inferred that they will attempt to achieve absolution by injecting private sector borrowing money¹². Or else it is possible to infer from this more speculative way that the States have played their role as depositaries of sovereignty and have acted in the general interest whatever they have undertaken. As a result of the above, the private sector now has less supply than market demand, which refers to a favorably climate for the increase in profits of pharmaceutical companies. In Sept 10,2020 Vitry prospects for SARS-CoV-2 diagnostics, therapeutics and vaccines in Africa. EU country $384 million for Vitry Covid uncertified vaccine. The pressure of the market to find a cure is more opposed than the medical pressure on the precautionary principle. Thus raised by public health policy, the right to be forgotten extends to cover the scars of the past and with them, the chilliness of the market.

For theses reasons,

Vitry deserves upper confidence.