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Stock impact report

RFK Jr. to wind down $500M mRNA vaccine development [USA TODAY]

Sanofi - American Depositary Shares (SNY) 
US:NYSE Investor Relations: sanofi.com/en/investors
Company Research Source: USA TODAY
The unit, Biomedical Advanced Research and Development Authority, helps companies develop medical supplies to address public health threats, and had provided billions of dollars for development of vaccines during the COVID-19 pandemic HHS said the wind down includes cancellation of a contract awarded to Moderna for the late-stage development of its bird flu vaccine for humans and the right to purchase the shots, as previously reported in May The U.S. health agency said it was also rejecting or canceling multiple pre-award solicitations, including proposals from Pfizer, Sanofi Pasteur, CSL Seqirus, Gritstone and others. This is the latest development under U.S. Health Secretary Robert F. Kennedy Jr. , a long-time vaccine skeptic who has been making sweeping changes to reshape vaccines, food and medicine policies Kennedy said the HHS is terminating these programs because data show these vaccines "fail to protect effectively against upper respiratory infections like COVID and fl Show less Read more
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