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’

Quick Summary:

Massive cuts to personnel and funding within the Department of Health and Human Services presents a headache for vaccine approval and development, analysts say.

Key personnel changes within federal public-health agencies have appeared to shake investor confidence in vaccine makers.

Those efforts include the 5,341 projects, such as HIV vaccine development, and funding to vaccine alliance Gavi.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Sasha Rogelberg

Category: EconomyBusiness

Markets: United States

Topics: COVID-19 vaccines Moderna RFK Jr. Public health Donald Trump Novavax

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-31 @ 17:07:09 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 562 words

Reading Time: 4 minutes read

Sentences: 7 lines

Sentence Length: 81 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27491159

View Article Analysis

About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 38 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #95

Publisher Details

Frequently Asked Questions