Peter Marks’ Departure From FDA Rattles Biopharma Industry

XBI Reaches A New 2025 Low

Stock prices plummeted, particularly for vaccine makers and cell and gene therapy developers, after the US FDA’s top biologics overseer resigned over vaccine misinformation concerns.

FDA review of vaccines and cell and gene therapies could be held up under new CBER leadership (Shutterstock)
Key Takeaways
  • The resignation of CBER director Peter Marks hit biopharma stocks hard as the FDA leadership shakeup increased regulatory uncertainty, particularly for vaccines and cell and gene therapies.

News that US Food and Drug Administration Center for Biologics Evaluation and Research (CBER) director Peter Marks submitted his resignation,...

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