{"id":11713,"date":"2025-04-10T18:00:00","date_gmt":"2025-04-10T22:00:00","guid":{"rendered":"https:\/\/cov19longhaulfoundation.org\/?p=11713"},"modified":"2025-04-10T15:07:36","modified_gmt":"2025-04-10T19:07:36","slug":"novavax-shares-crash-after-rfk-jr-comments","status":"publish","type":"post","link":"https:\/\/cov19longhaulfoundation.org\/?p=11713","title":{"rendered":"Novavax Shares Crash After RFK Jr. Comments\u00a0"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Robert F. Kennedy Jr., in his first national TV appearance as Health and Human Services Secretary under the Trump administration, questioned the effectiveness of Novavax&#8217;s Covid vaccine during an interview with CBS News&#8217; chief medical correspondent, Dr. Jon LaPook. The interview, which cast doubt on the shot, sent shares of the Maryland-based biotech firm crashing on Thursday.<a href=\"https:\/\/www.zerohedge.com\/s3\/files\/inline-images\/2025-04-10_12-54-01.png?itok=o_PD9dXd\"><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">RFK Jr. told LaPook that&nbsp;Novavax&#8217;s shot targets just one piece of the virus, an approach he said has &#8220;never worked&#8221; for respiratory illnesses:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><strong><em>We&#8217;re looking at that vaccine, and it is a single-antigen vaccine. And, for respiratory illnesses, the single-antigen vaccines have never worked and we&#8217;re&nbsp;actually shifting our priorities to multiple-antigen vaccines. And NIH is already working on a number of those.<\/em><\/strong><\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">RFK Jr.&#8217;s comments sent Novavax shares into a tailspin, plunging 24% during late-morning trading in New York. The stock has already suffered steep losses in recent years, falling back to pre-pandemic lows after the pandemic ended.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/inline-images\/Snag_81028dd.png?itok=AO40KTz2\" alt=\"\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.zerohedge.com\/s3\/files\/inline-images\/Snag_81028dd.png?itok=AO40KTz2\"><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;<strong>Novavax&#8217;s shot is already on the market under a conditional approval. It&#8217;s awaiting from the Food and Drug Administration a full approval that was expected April&nbsp;<\/strong>1,&#8221;&nbsp;<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-04-10\/novavax-shares-plunge-after-rfk-jr-questions-its-covid-vaccine\">Bloomberg<\/a>&nbsp;noted.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In recent weeks, Wall Street analysts have&nbsp;raised concerns about Peter Marks&#8217; abrupt resignation. Marks was a top FDA regulator and pro-vaxxer.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Analysts\u2014including BMO Capital Markets&#8217; Evan David Seigerman\u2014viewed&nbsp;Marks&#8217;&nbsp;departure as a &#8220;significant negative&#8221; for the biotech and biopharma sectors.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The share of SPDR S&amp;P Biotech ETF (XBI) is down about 34% since Trump won the presidential election and Wall Street&#8217;s fear that RFK Jr. would push through major reforms at HHS that would hurt the vaccine industrial industry<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/inline-images\/Snag_8103169.png?itok=GR69M5xM\" alt=\"\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.zerohedge.com\/s3\/files\/inline-images\/Snag_8103169.png?itok=GR69M5xM\"><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">.&nbsp; .&nbsp; .&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Robert F. Kennedy Jr., in his first national TV appearance as Health and Human Services Secretary under the Trump administration, questioned the effectiveness of Novavax&#8217;s Covid vaccine during an interview [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":11716,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[929,973],"tags":[],"class_list":["post-11713","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-respiration","category-vaccine-failure"],"_links":{"self":[{"href":"https:\/\/cov19longhaulfoundation.org\/index.php?rest_route=\/wp\/v2\/posts\/11713","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cov19longhaulfoundation.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cov19longhaulfoundation.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cov19longhaulfoundation.org\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/cov19longhaulfoundation.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11713"}],"version-history":[{"count":1,"href":"https:\/\/cov19longhaulfoundation.org\/index.php?rest_route=\/wp\/v2\/posts\/11713\/revisions"}],"predecessor-version":[{"id":11714,"href":"https:\/\/cov19longhaulfoundation.org\/index.php?rest_route=\/wp\/v2\/posts\/11713\/revisions\/11714"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cov19longhaulfoundation.org\/index.php?rest_route=\/wp\/v2\/media\/11716"}],"wp:attachment":[{"href":"https:\/\/cov19longhaulfoundation.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cov19longhaulfoundation.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cov19longhaulfoundation.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}