Tag: vaccine

Bird Flu Cases Spur Retail Trader Rush Into Vaccine Stocks

(Bloomberg) — Mounting cases of bird flu in humans is luring the day trading crowd to snap up stock in vaccine developers. It’s a familiar setup for industry veterans who have witnessed past trading frenzies at the first signs of an outbreak. Most Read from Bloomberg Shares of CureVac NV, which has a bird-flu vaccine […]

European Patent Office Sides with Moderna In COVID-19 Vaccine Patent Dispute With Pfizer/BioNTech

European Patent Office Sides with Moderna In COVID-19 Vaccine Patent Dispute With Pfizer/BioNTech Moderna Inc (NASDAQ:MRNA) has reportedly achieved a significant victory at the European Patent Office (EPO) in its ongoing legal battle with Pfizer Inc (NYSE:PFE) and BioNTech SE (NASDAQ:BNTX) over the Covid-19 vaccine. The EPO’s Opposition Division upheld the validity of one of Moderna’s crucial patents, boosting the mRNA vaccine maker’s […]

Vaccine skeptic meets skeptical court as RFK Jr. challenges Google

Longshot Democratic presidential candidate Robert F. Kennedy Jr. found little traction at a federal appeals court Tuesday for his arguments that Google violated his First Amendment rights by taking down YouTube videos it said contained misinformation about the dangers of vaccines. A three-judge panel hearing oral arguments in San Francisco sounded skeptical about Kennedy’s demand […]

Novavax Soars on $1.2 Billion Sanofi Vaccine Licensing Deal

(Bloomberg) — Novavax Inc. shares surged after the company signed a $1.2 billion licensing agreement with Sanofi that includes commercializing a combined Covid-19 and flu shot. Most Read from Bloomberg Novavax will receive $500 million in upfront payments as well as $700 million if all development, regulatory and launch milestones are met, according to a […]

AstraZeneca to withdraw COVID vaccine globally as demand dips

(Reuters) -AstraZeneca said on Tuesday it had initiated the worldwide withdrawal of its COVID-19 vaccine due to a “surplus of available updated vaccines” since the pandemic. The company also said it would proceed to withdraw the vaccine Vaxzevria’s marketing authorizations within Europe. “As multiple, variant COVID-19 vaccines have since been developed there is a surplus […]

AstraZeneca withdraws its COVID-19 vaccine from global market

AstraZeneca is withdrawing its COVID-19 vaccine from the market because of low demand, the drugmaker said Wednesday. The shot, which was never authorized in the U.S., was widely used across the world in the early part of the global vaccine drive. AstraZeneca’s shot was cheaper to make and easier to distribute than the mRNA shots […]

AstraZeneca withdraws Covid vaccine as demand dives

Anglo-Swedish drugmaker AstraZeneca on Wednesday said it was withdrawing Covid vaccine Vaxzevria, one of the first produced in the deadly pandemic, citing “commercial reasons” following a slump in demand. “As multiple, variant Covid-19 vaccines have since been developed there is a surplus of available updated vaccines. This has led to a decline in demand for […]