Vaccine firms slide on ‘catastrophic’ RFK Jr nomination

15 November 2024

The share prices of Pfizer (NYSE: PFE), GSK (LSE: GSK), Novavax (Nasdaq: NVAX) and other vaccine companies were all markedly lower on Friday.

This was not due to the publication of disappointing research results in the sphere, or an ominous stance taken by a major regulator on a key filing, but rather a political development that could spell trouble for the vaccines field as a whole.

The news was US President-elect Donald Trump’s announcement of the nomination of the well-known vaccine sceptic Robert F Kennedy Jr (pictured, above) to be the Secretary of the Department of Health and Human Services (HHS).

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