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Moderna and Novavax shares plunge after key FDA official steps down, citing discord with RFK Jr. who he says ‘wishes subservient confirmation of his misinformation and lies’

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  • The forced resignation of the FDA Peter Marx vaccine regulator Partially raised anxiety among adult drug investors, their cups in accident And Novavax slide. Marx’s departure comes amid a comprehensive reform of the Ministry of Health and Humanitarian Services, motivated by skeptical vaccines Robert F. Kennedy Junior.

The main employees’ changes within federal public health agencies seem to vibrate the investor confidence in vaccine makers. The shares of Moderna and Novavax fell on Monday after announcing on Friday that the main food and drug administration official was Peter Marx stepped down from his position.

The price of Moderna has decreased by more than 12 % since the employees changed from the afternoon, while Novavax decreased by about 7 %.

Signs, head From the Food and Drug Administration Center for Biology Assessment and Research, he was a major individual in vaccine regulation and approval and other treatments, such as genetic treatments. During the first administration of President Donald Trump, Marx was credited with formulating the name and concept of warp, an initiative to accelerate the development of Covid vaccines.

The departure of the organizer comes amid comprehensive discounts in the Ministry of Health and Humanitarian Services, which includes Eliminate 10,000 jobs Through 28 section. HHS currently leads Robert F. Kennedy Junior, who previously adopted beliefs in Wrong information About vaccines. Last week, Senate Jae Bhatershaya emphasizedWho opposed a Covid vaccine and shot, as head of the National Institutes of Health.

According to Kennedy Marx gave the resignation or shooting option, a former unknown official in the FDA I told Associated Press. Marx was killed by Kennedy’s spread of wrong information as a vaccine as one of his resignation.

“I was ready to work to address the minister’s concerns about the safety of vaccine and transparency,” Marx said. Resignation letter. “However, it has become clear that the truth and transparency are not desirable by the Secretary, but rather a confirmation subject to wrong information and lies.”

Big Pharma Stocks similarly responded when Trump Kennedy announced his choice to lead in November. Vaccine She lost 8 billion dollars In the market value overnight.

Moderna and FDA did not respond luckComment requests. Novavax refused to comment.

The opposite wind of Big Pharma

The massive reform within HHS, especially in the FDA, is a potential headache for pharmacy companies that are not only looking for vaccine approval, but for development, according to Miles Minter, a health care analyst at William Blair. Marx’s resignation signals to vaccine developers that HHS has grown less friendly for vaccination efforts.

“This is a line in the sand. There can be some organizational uncertainty of the additional vaccines coming across the tube.” luck. “They will be incredibly important for Moderna.”

Shortly after Trump’s electoral victory, CEO of Moderna Stéphane BANCEL said the company You will work with management Using “facts and data”. The ongoing efforts made by the Trump administration to strip it in financing vaccines and spreading wrong information can break this relationship, according to Ment.

The Trump administration plans to get rid of $ 28 billion in global health financing, according to Leakage Bloomberg is seen by New York Times. These efforts include a 5341 project, such as the development of HIV vaccine, and the financing of the Gavi vaccine alliance. Centers control and prevention control, which are supervised by HHS, will Conduct a wide -ranging study To consider the relationship between vaccines and autism, which was completely exposed.

“It becomes increasingly difficult for vaccine developers to interact with a department that continues to appoint clear skeptical persons,” Minter said. “It has been said and seen as a possible opposite wind there, despite the fact that it is open to work with any department that is placed.”

This story was originally shown on Fortune.com


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2025-03-31 17:07:00

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