Market analysts have deemed the US Food and Drug Administration’s COVID-19 vaccine policy unveiled 20 May as far from a worst-case scenario for vaccine-focused firms – for example, approved vaccines will not be removed from the market – but the immediate stock price bounce companies like Pfizer, BioNTech, Moderna and Novavax got from the news dissipated during the 21 May trading day.
Key Takeaways
- The FDA vaccine regulatory framework unveiled on 20 May fell short of a worst-case scenario, such as approved vaccines being removed from the market, analysts said.
In a 21 May note, William Blair analyst Myles Minter said the new FDA regulatory policy
Read the full article – start your free trial today!
Join thousands of industry professionals who rely on Scrip for daily insights
- Start your 7-day free trial
- Explore trusted news, analysis, and insights
- Access comprehensive global coverage
- Enjoy instant access – no credit card required
Already a subscriber?