News that oncologist Vinay Prasad will be the new head of the US Food and Drug Administration’s Center for Biologics Evaluation and Research (CBER) division sent biopharma shares tumbling on 6 May, as investors feared the effects on tougher approval standards on companies’ commercial prospects.
Although Prasad has now moved to sooth concerns over upheaval to review processes at CBER, which oversees regulation of vaccines,...
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