Economy & Business, Health & Environment

Uprising: Moderna in Freefall as Scientists Rebel

As a growing chorus of scientists and activists question the Biden Administration’s scramble to roll out booster jabs to Americans as quickly as possible, steamrolling the conventional approval process and leading to the resignation of two senior FDA officials, more research has just been released suggesting booster jabs simply aren’t necessary for most people – especially those who have already been vaccinated once.

The finding comes via a report citing the opinions of an all-star panel of scientists from around the world published via the Lancet. Governments would be better served to focus on immunizing the unvaccinated and to wait for more data on which boosters. What’s more, it’s not yet clear what doses would be most effective according to the authors, a group that includes two prominent US FDA
experts.

Shares of Moderna, Pfizer and BioNTech traded lower on the news given that boosters were their key to an annual “cash cow” business. Read more…

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