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0 -0.000206313183412379 -0.000206313183412379 -0.000206313183412379 -0.000206313183412379 -0.000206313183412379 0.00103156591706219 -0.000422942025995428
Stock impact report

Moderna shares fall as FDA declines to review new flu vaccine [Yahoo! Finance Canada]

Sanofi - American Depositary Shares (SNY) 
US:NYSE Investor Relations: sanofi.com/en/investors
Feb 11 (Reuters) - Shares of Moderna slumped nearly 9% in premarket trading on Wednesday after the U.S. Food and Drug Administration declined ?to review the company's application for approval of its experimental influenza ?vaccine, underscoring shifts in U.S. vaccine policy. The decision deals a blow to Moderna's ambitions to plug the ?decline in its COVID-19 vaccine revenue and demonstrate the long-term viability of its mRNA platform. Sweeping changes to U.S. vaccine policy under Health Secretary Robert F. Kennedy Jr., a longtime antivaccine activist, have led to reduced vaccine usage and sparked concerns about public health ?risks that may be difficult ?to reverse. "It is hard for us not to think that the decision today fits in the broader scheme of how the Administration ?views the vaccine category more broadly and the mRNA technology more specifically," said RBC Capital Markets analyst Luca Issi. The U.S. last month ended its longstanding childhood immunization guidance t Show less Read more
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