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	<title>HHS &#8211; USA NEWS LIVE</title>
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	<title>HHS &#8211; USA NEWS LIVE</title>
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		<title>Mike Bloomberg warns that RFK Jr.&#039;s HHS secretary nomination risks killing Americans and urges the Senate to reject him</title>
		<link>https://bloggingthree.soflytech.com/2024/12/mike-bloomberg-warns-that-rfk-jr-s-hhs-secretary-nomination-risks-killing-americans-and-urges-the-senate-to-reject-him/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Tue, 03 Dec 2024 23:15:44 +0000</pubDate>
				<category><![CDATA[Health]]></category>
		<category><![CDATA[Americans]]></category>
		<category><![CDATA[Bloomberg]]></category>
		<category><![CDATA[HHS]]></category>
		<category><![CDATA[Jr.39s]]></category>
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		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=20250</guid>

					<description><![CDATA[Billionaire public health advocate Mike Bloomberg on Tuesday sharply criticized Robert F. Kennedy Jr., President-elect Donald Trump&#39;s pick as U.S. secretary of health and human services Anti-vaccination protocol and called on the Senate to reject his bid to guide the country&#39;s top health agencies. “Imagine if RFK Jr. had been in office during Trump’s first [&#8230;]]]></description>
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<p>Billionaire public health advocate Mike Bloomberg on Tuesday sharply criticized Robert F. Kennedy Jr., President-elect Donald Trump&#39;s pick as U.S. secretary of health and human services <a href="https://www.nbcnews.com/health/health-news/trump-picks-rfk-jr-anti-vaccine-activist-health-human-services-secreta-rcna180182" target="_blank">Anti-vaccination protocol</a> and called on the Senate to reject his bid to guide the country&#39;s top health agencies.</p>
<p>“Imagine if RFK Jr. had been in office during Trump’s first term,” Bloomberg said <a href="https://americanhealth.jhu.edu/2024-bloomberg-american-health-summit" target="_blank">Bloomberg American Health Summit</a> in Washington DC</p>
<p>“Would Operation Warp Speed ​​have even happened? And if so, how long would the vaccinations have been delayed? How many fewer people would have received the vaccination? How many more people would have died?”</p>
<p>“All we can say for sure is this: It would have made Covid even deadlier and more economically painful,” he said.</p>
<p>Giving RFK Jr. the ability to steer U.S. health care policy can be &#8220;more than dangerous, it would be medical malpractice on a grand scale,&#8221; he warned.</p>
<p>The former New York City mayor devoted nearly your complete 19-minute speech to criticizing Kennedy&#39;s spread of vaccine disinformation, including his &#8220;outrageous.&#8221; <a href="https://www.politifact.com/factchecks/2021/dec/10/robert-f-kennedy-jr/no-covid-19-vaccine-not-deadliest-vaccine-ever-mad/" target="_blank">false claim</a>“ that the Covid-19 vaccine is the “deadliest vaccine ever”.</p>
<p>Bloomberg, who ran for president as a Democrat in 2020, has long advocated for public health reforms, each as mayor and thru his philanthropic efforts.</p>
<p>RFK Jr. initially ran for president in 2024 as a Democrat, but switched to running as an independent and later dropped out to support Trump. </p>
<p>The campaign of RFK Jr., an environmental lawyer and son of former U.S. Attorney General Robert F. Kennedy, gave him a outstanding national platform and gave recent impetus to his conspiracy theories about vaccines.</p>
<p>Bloomberg made a direct appeal to U.S. senators in his speech on Tuesday not to verify RFK Jr. to the Cabinet role in the subsequent Trump administration.</p>
<p>“We cannot allow Kennedy or Trump or anyone else to bring unimaginable suffering to the American people,” he said.</p>
<p>Bloomberg expressed hope that Senate Republicans will persuade Trump to reconsider RFK Jr.&#39;s nomination before asking them to comment. But if Trump stands by his decision, then the Senate “has a duty to our entire country, but especially to our children.” Vote no,” he said.</p>
<p>Bloomberg also admonished Democrats who appear poised to let RFK Jr. lead the Department of Health and Human Services due to his opposition to junk food and processed foods.</p>
<p>“We don’t have to choose between someone who supports healthy eating and vaccinations. Americans deserve both,” he said.</p>
<p>Bloomberg noted that he fought for it <a href="https://www.cnn.com/2012/05/31/health/gallery/bloomberg-health-initiatives/index.html" target="_blank">quite a few restrictions</a> During his term as mayor, he campaigned against unhealthy products and tried, amongst other things, to ban sugary drinks. These fights drew backlash from conservatives and impacted the patron goods industry on the time. </p>
<p>But RFK Jr. has taken an analogous path, endorsing a plan that he says goals to work with Republicans to &#8220;make America healthy again.&#8221;</p>
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<h2 class="RelatedContent-header">Read more about CNBC&#39;s politics coverage</h2>
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<p>Bloomberg praised his own efforts to extend the life expectancy of New Yorkers and praised the investments his philanthropic foundation continues to make to combat diseases akin to diabetes and heart disease.</p>
<p>“But if the federal government backs away from vaccines, all of this progress will be wiped out,” he said, suggesting it could lead on to thousands and thousands of unnecessary deaths.</p>
<p>And if the federal government starts investing in &#8220;crazy conspiracy theories,&#8221; funding for research into cures for other diseases could decline by years, Bloomberg argued.</p>
<p>“It boggles the mind that the Senate would even consider giving Kennedy any power over American health care policy,” he said.</p>
<p>“Whatever one thinks of his positions on food policy, it is not nearly enough to overcome his resistance to vaccines.”</p>
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		<title>2 Healthcare Stocks Are Buys. They&#039;ve already been beaten up enough over Trump&#039;s choice of RFK Jr. for HHS</title>
		<link>https://bloggingthree.soflytech.com/2024/11/2-healthcare-stocks-are-buys-theyve-already-been-beaten-up-enough-over-trumps-choice-of-rfk-jr-for-hhs/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Thu, 21 Nov 2024 22:32:26 +0000</pubDate>
				<category><![CDATA[Health]]></category>
		<category><![CDATA[beaten]]></category>
		<category><![CDATA[buys]]></category>
		<category><![CDATA[Healthcare]]></category>
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		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=19561</guid>

					<description><![CDATA[We buy 25 shares of Danaher for about $229 each. After trading on Monday, Jim Cramer&#39;s Charitable Trust will own 550 DHR shares, increasing its weighting to around 3.6% from 3.4%. The healthcare sector has been the market&#39;s big loser because the election. If the SPDR Health Care Sector Fund, commonly known as XLV, trades [&#8230;]]]></description>
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<p><span hidden="" aria-hidden="true" class="ArticleBody-extraData"><span hidden="" aria-hidden="true" class="ArticleBody-extraData"><span hidden="" aria-hidden="true" class="xyz-data">We buy 25 shares of Danaher for about $229 each. After trading on Monday, Jim Cramer&#39;s Charitable Trust will own 550 DHR shares, increasing its weighting to around 3.6% from 3.4%. The healthcare sector has been the market&#39;s big loser because the election. If the SPDR Health Care Sector Fund, commonly known as XLV, trades lower on Monday, it could be the sixth consecutive negative session. The group is facing a significant wave of uncertainty after President-elect Donald Trump named Robert F. Kennedy Jr., a vaccine skeptic and critic of obesity drugs, as his secretary on the Department of Health and Human Services. There&#39;s nothing the market hates greater than uncertainty, which is why stocks can fall so sharply when political opinion is unclear. But uncertainty may create opportunities. We never wish to downplay risk &#8211; but at a certain level, a stock will probably be pricing in too many potential changes that will have consequences which are too severe. If what&#39;s happening in real life seems to be higher than first feared, nibbling on quality healthcare stocks at these prices could prove to be a bargain. We&#39;re not buying heavily here because the uncertainty overhang could proceed for a while, but a few of these stocks are oversold. That&#39;s why we&#39;re turning to some healthcare stocks which have come under heavy pressure in recent weeks. Since the election, shares of Danaher have fallen from $250 to $230, while shares of Eli Lilly have fallen from $806 to $720. DHR YTD Mountain Danaher YTD Danaher reported a better-than-expected quarter with a return to growth in its bioprocessing business. Bioprocessing is the usage of cell components to provide various products, including targeted therapies corresponding to vaccines. Danaher has received many orders from vaccine manufacturers in the course of the Covid-19 crisis. One of the explanations Danaher has come under pressure after RFK Jr.&#39;s election is concerns about funding for the National Institutes of Health, the country&#39;s national health agency and a part of HHS. But as Leerink analysts estimated in a research note on Monday, lower than 1% of Danaher&#39;s revenue comes from NIH funding. The other side of Danaher&#39;s risk is that pharmaceutical corporations limit their research and development as a result of regulatory changes. That&#39;s something to observe out for going forward, but we expect Danaher stock trading at about 27 times 2025 earnings estimates reflects a few of that risk. Regardless, we can be buyers of 5 shares of Eli Lilly at roughly $718 each if we weren&#8217;t prohibited from trading. The five stocks represent half of what we sold in early September, when the stock was trading at around $960. LLY YTD-Mountain Eli Lilly YTD Eli Lilly shares fell from $903 to $846 after a disappointing third-quarter report wherein destocking of its fast-selling GLP-1 drugs led the corporate to lower estimates missed and lowered the forecast for the complete 12 months. We were concerned about Eli Lilly&#39;s post-quarter announcements, but were encouraged in the times that followed when management reiterated to the analyst community that the miss was purely as a result of destocking and was not based on fundamentals or underlying demand. But RFK Jr.&#39;s possible appointment has created quite a lot of uncertainty for Eli Lilly and pharmaceutical stocks as a complete. Last week we highlighted RFK Jr.&#39;s criticism of obesity drugs, along with his two foremost issues being pricing and his view that changes in diets and food systems are the higher solution to combat high obesity rates. Certainly pricing could turn out to be a much bigger issue in the longer term, however the science and the drug&#39;s suitability for treating obesity and other conditions are beyond query. The latest correction at Eli Lilly has shares trading barely above 30 times the FactSet consensus estimate for 2025 adjusted earnings per share of $22.52. If you stay up for 2026, Lilly shares are trading at about 24x. Although these metrics represent a premium in comparison with other drug stocks, we imagine they&#8217;re favorable given the corporate&#39;s top-line growth, which can proceed as GLP-1 supply capability keeps pace with demand. Also note that Eli Lilly won&#8217;t face any major patent cliff or IRA pricing pressures over the rest of the last decade. (Jim Cramer&#39;s Charitable Trust is Long DHR, LLY. See a full list of stocks here.) As a subscriber to CNBC Investing Club with Jim Cramer, you&#8217;ll receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable foundation&#39;s portfolio. If Jim discussed a stock on CNBC television, he waits 72 hours after the trade alert is issued before executing the trade. THE INVESTING CLUB INFORMATION SET FORTH ABOVE IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY, ALONG WITH OUR DISCLAIMER. THERE ARE NO fiduciary duty or duty IN RECEIVING YOUR INFORMATION PROVIDED IN CONNECTION WITH THE INVESTMENT CLUB. NO SPECIFIC RESULTS OR PROFITS ARE GUARANTEED.</span></span></span><span class="HighlightShare-hidden" style="top:0;left:0"></span></p>
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		<title>How we feel about Eli Lilly after Trump nominated obesity drug critic RFK Jr. to go HHS</title>
		<link>https://bloggingthree.soflytech.com/2024/11/how-we-feel-about-eli-lilly-after-trump-nominated-obesity-drug-critic-rfk-jr-to-go-hhs/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Sat, 16 Nov 2024 22:13:28 +0000</pubDate>
				<category><![CDATA[Health]]></category>
		<category><![CDATA[critic]]></category>
		<category><![CDATA[drug]]></category>
		<category><![CDATA[Eli]]></category>
		<category><![CDATA[feel]]></category>
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		<category><![CDATA[nominated]]></category>
		<category><![CDATA[obesity]]></category>
		<category><![CDATA[RFK]]></category>
		<category><![CDATA[Trump]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=19253</guid>

					<description><![CDATA[Enthusiasm for club holding Eli Lilly can have to be tempered &#8211; not less than for now &#8211; as Wall Street grapples with the potential of a sweeping health care policy shakeup in Washington. News that Republican President-elect Donald Trump on Thursday named distinguished vaccine skeptic and obesity drug critic Robert F. Kennedy Jr. to [&#8230;]]]></description>
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<div id="RegularArticle-ArticleBody-5" data-module="ArticleBody"><span hidden="" aria-hidden="true" class="ArticleBody-extraData"><span hidden="" aria-hidden="true" class="ArticleBody-extraData"><span hidden="" aria-hidden="true" class="xyz-data">Enthusiasm for club holding Eli Lilly can have to be tempered &#8211; not less than for now &#8211; as Wall Street grapples with the potential of a sweeping health care policy shakeup in Washington. News that Republican President-elect Donald Trump on Thursday named distinguished vaccine skeptic and obesity drug critic Robert F. Kennedy Jr. to go the Department of Health and Human Services. In short, HHS is the sprawling agency that oversees the Food and Drug Administration, the Centers for Disease Control and Prevention, and the Centers for Medicare &#038; Medicaid Services, amongst others. The Cabinet-level HHS secretary position requires confirmation by the Senate, where Republicans can have a 53-seat majority while the Democratic caucus can have 47 seats. Some members of the GOP, resembling Kentucky Senator Rand Paul, congratulated Kennedy on his nomination. However, it&#8217;s currently unclear whether Kennedy can reach the 50-vote threshold for confirmation. Shares of obesity drug maker Eli Lilly fell greater than 4% on Friday, extending their decline of about 3% in Thursday&#39;s session. Media reports of Kennedy&#39;s nomination emerged late Thursday afternoon, and Trump confirmed the choice in a social media post after the closing bell. Eli Lilly&#39;s most important competitor within the obesity market, Denmark&#39;s Novo Nordisk, also saw shares fall greater than 4% on Friday. Shares of Covid-19 vaccine makers including Moderna and Pfizer sold off late Thursday and again in Friday&#39;s session. A well-liked exchange-traded fund tracking biotech stocks is ready for its worst week since March 2023. Meanwhile, analysts at Deutsche Bank downgraded British vaccine maker GSK over Kennedy&#39;s selection. Big picture During his campaign, Trump had promised to let Kennedy &#8220;go wild&#8221; on health issues if given the prospect to return to the White House, but his selection to go HHS was widely viewed as unlikely on Wall Street. It now shrouds the pharmaceutical industry in uncertainty until there may be more clarity about its support within the Senate. The 70-year-old Kennedy &#8211; son of the late U.S. Senator and presidential candidate Robert F. Kennedy and nephew of the late President John F. Kennedy &#8211; began his profession as an environmental lawyer. In recent a long time, he has gained traction for his controversial views on health issues, particularly vaccines. Kennedy has made unfounded claims that childhood vaccinations are linked to autism, despite quite a few studies refuting these claims. “Vaccines do not cause autism,” the CDC website states. Kennedy has more recently focused on what he calls the chronic disease crisis within the United States, particularly diabetes and childhood obesity. It was a spotlight of his unsuccessful 2024 presidential campaign, first within the Democratic primary after which as an independent candidate. Kennedy endorsed Trump in August. LLY YTD Mountain Eli Lilly&#39;s year-to-date stock performance. Kennedy has criticized the pharmaceutical industry on a lot of issues. In an editorial within the Wall Street Journal in September, Kennedy wrote that the U.S. should consider stopping firms from promoting on to the general public and argued that lawmakers in Washington should &#8220;cap drug prices so that companies do not give Americans essential drugs.&#8221; Kennedy specifically mentioned Novo Nordisk&#39;s diabetes drug Ozempic when he argued for drug price caps. Ozempic is the flagship of the fast-growing GLP-1 class, through which Novo Nordisk and Eli Lilly are currently the 2 dominant players. Some on Wall Street expect the marketplace for GLP-1 drugs to be value $100 billion by 2030 .GLP-1 drugs mimic a gut hormone to manage blood sugar and suppress appetite, resulting in weight reduction Eli Lilly&#39;s GLP-1 called tirzepatide Mounjaro for diabetes and Zepbound for obesity is central to our investment thesis in the corporate. Jim Cramer has said it could turn out to be the best-selling drug of all time, largely due to its weight reduction launch. Kennedy believes that the high obesity rate within the United States will be combated through changes in diets and food systems. Weight-loss drugs, Kennedy argued on social media, don&#8217;t get to the &#8220;root&#8221; of the obesity problem but merely &#8220;pleasing the wallets of distant Big Pharma executives.&#8221; Eli Lilly CEO David Ricks and other GLP-1 proponents argue that obesity is a disease and needs to be treated as such by doctors and health insurers alike. In this manner, they argue, GLP-1 needs to be considered a beneficial tool alongside eating regimen and exercise in treating obesity. Lilly and Novo Nordisk have also tried to point out that GLP-1 improves health outcomes for patients far beyond just shedding kilos. Earlier this 12 months, the FDA announced that Novo Nordisk&#39;s obesity drug Wegovy can also be prescribed to cut back the chance of significant heart problems resembling heart attacks and strokes in obese patients with heart problems. Eli Lilly has demonstrated similar heart health advantages to tirzepatide. It has also shown promise in treating sleep apnea, amongst other things. The bottom line is that Eli Lilly has been our favourite pharma stock for years due to its outstanding pipeline, led by GLP-1. And the value development since our entry in October 2021 &#8211; which has greater than tripled despite the recent declines &#8211; speaks for itself. The S&#038;P 500 is up just over 30% over the identical period. But at this point, Kennedy&#39;s nomination requires us to be more cautious about Eli Lilly within the short term. The stock could remain weak because the market processes the implications and likelihood of Kennedy leading HHS. From a pharmaceutical investor&#39;s perspective, it&#39;s hard to assume a more worrisome selection for HHS secretary than Kennedy, Jim said. “We’re not touching Eli Lilly yet. There’s no need for that,” Jim said during Friday’s morning briefing. He noted that our early September profit taking of nearly $961 per share allows us to be patient and cautious as Kennedy&#39;s nomination process unfolds. Eli Lilly&#39;s recent quarterly results were a large number in some areas, but underlying growth in prescriptions for its key GLP-1 drugs was encouraging. (Jim Cramer&#39;s Charitable Trust is long-LLY. See a full list of stocks here.) As a subscriber to CNBC Investing Club with Jim Cramer, you&#8217;ll receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable foundation&#39;s portfolio. If Jim discussed a stock on CNBC television, he waits 72 hours after the trade alert is issued before executing the trade. THE INVESTING CLUB INFORMATION SET FORTH ABOVE IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY, ALONG WITH OUR DISCLAIMER. THERE ARE NO fiduciary duty or duty IN RECEIVING YOUR INFORMATION PROVIDED IN CONNECTION WITH THE INVESTMENT CLUB. NO SPECIFIC RESULTS OR PROFITS ARE GUARANTEED.</span></span></span><span class="HighlightShare-hidden" style="top:0;left:0"></span></p>
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<p>Enthusiasm for club operations <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1">Eli Lilly<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    must be tempered &#8211; not less than for now &#8211; as Wall Street grapples with the potential of a significant shakeup of health care policy in Washington.</p>
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		<title>Vaccine maker stocks fall as Trump picks RFK Jr. to move HHS</title>
		<link>https://bloggingthree.soflytech.com/2024/11/vaccine-maker-stocks-fall-as-trump-picks-rfk-jr-to-move-hhs/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Thu, 14 Nov 2024 22:05:22 +0000</pubDate>
				<category><![CDATA[Health]]></category>
		<category><![CDATA[fall]]></category>
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		<category><![CDATA[vaccine]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=19140</guid>

					<description><![CDATA[Shares of vaccine makers fell on Thursday as President-elect Donald Trump named Robert F. Kennedy Jr., a distinguished vaccine skeptic, to move the Department of Health and Human Services. Shares fell in the ultimate hour of trading Reports Trump&#39;s expected election got here. ModernShares closed down greater than 5% on Thursday Novavax fell by greater [&#8230;]]]></description>
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<p>Shares of vaccine makers fell on Thursday as President-elect Donald Trump named Robert F. Kennedy Jr., a distinguished vaccine skeptic, to move the Department of Health and Human Services. </p>
<p>Shares fell in the ultimate hour of trading <a href="https://www.politico.com/news/2024/11/14/robert-f-kennedy-jr-trump-hhs-secretary-pick-00188617" target="_blank">Reports</a> Trump&#39;s expected election got here. <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-3">Modern<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>Shares closed down greater than 5% on Thursday <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-4">Novavax<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    fell by greater than 7% and <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-5">Pfizer<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>Shares closed down greater than 2%.</p>
<p>Shares of <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-6">BioNTech<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>the German drugmaker, which was co-developing a Covid vaccine with Pfizer, closed greater than 6% lower. British drug manufacturer <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-7">GSK<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>which makes flu shots and several other other vaccines, closed about 2% lower.</p>
<p>Shares of those firms fell further in prolonged trading as Trump confirmed his election in a post on his Truth Social platform.</p>
<p>Health policy experts say a second Trump term could allow Kennedy to sharpen his anti-vaccine rhetoric, which could deter more Americans from receiving Covid shots and routine vaccinations which have saved hundreds of thousands of lives and prevented debilitating diseases for a long time.</p>
<p>Pfizer, Moderna and Novavax are still recovering from falling Covid vaccination rates within the US which have dented their profits over the past two years. </p>
<p>Kennedy&#39;s track record as a vaccine skeptic is extensive. He has a protracted history of constructing misleading and false statements in regards to the safety of vaccines, corresponding to claiming that they&#8217;re linked to autism, despite quite a few decades-long studies refuting this link.</p>
<p>Kennedy is the founding father of the nonprofit Children&#39;s Health Defense, the country&#39;s most well-funded anti-vaccine organization.</p>
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<p><em>image credit : www.cnbc.com</em></p>
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