FDA Memo on Vaccine Deaths Sends Moderna, Novavax Stocks Tumbling
Moderna and Novavax shares drop 5-6% after FDA's vaccine chief links COVID-19 shots to 10 children's deaths and announces stricter vaccine approval standards.
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Shah Capital Urges Novavax Sale After COVID Vaccine Struggles Continue
Novavax's second-largest shareholder Shah Capital pushes for company sale, citing poor COVID vaccine sales and untapped potential worth $5 billion under larger pharma ownership.
Major Report Sparks Debate: Are COVID Vaccines Linked to Child Deaths?
Trump officials plan to link COVID vaccines to 25 child deaths using unverified VAERS data. This news dropped vaccine makers' shares. HHS calls it "pure speculation", while Moderna states its vaccine is rigorously monitored with no new safety concerns.
New COVID-19 Vaccine Rollout Faces Headwinds Amid Regulatory Shifts and Fresh Data
Health Secretary Robert F. Kennedy Jr.'s regulatory changes cause a rocky COVID vaccine rollout with narrowed FDA approval (65+, high risk). Pfizer's new data shows good LP.8.1 protection. A key CDC meeting on Sept. 18 will address access & coverage, amidst plummeting sales.