{"id":126255,"date":"2024-11-15T21:05:18","date_gmt":"2024-11-15T14:05:18","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=126255"},"modified":"2024-11-15T21:05:18","modified_gmt":"2024-11-15T14:05:18","slug":"pharma-shares-hit-as-trump-picks-rfk-jr-to-lead-health-department-pharmaceuticals-industry","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=126255","title":{"rendered":"Pharma shares hit as Trump picks RFK Jr to lead health department | Pharmaceuticals industry"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<p class=\"dcr-1eu361v\">Investors in pharmaceutical companies are selling off stock after Donald Trump <a href=\"https:\/\/www.theguardian.com\/us-news\/2024\/nov\/14\/trump-administration-rfk\" data-link-name=\"in body link\">nominated the anti-vaccine activist Robert F Kennedy Jr<\/a> to lead the US Department of Health and Human Services.<\/p>\n<p class=\"dcr-1eu361v\">RFK Jr has <a href=\"https:\/\/www.theguardian.com\/us-news\/2024\/nov\/14\/who-is-rfk-jr-and-what-might-his-top-priorities-be\" data-link-name=\"in body link\">embraced numerous health-related conspiracy theories,<\/a> and is one of the most persistent and influential vaccine deniers in the US.<\/p>\n<p class=\"dcr-1eu361v\">Trump\u2019s announcement sent shares in some of the world\u2019s biggest pharmaceutical companies \u2013 including Moderna, AstraZeneca and GSK \u2013 falling on Friday morning.<\/p>\n<p class=\"dcr-1eu361v\">RFK Jr has said vaccines are linked to autism in children, that HIV is not the cause of Aids and that some antidepressants are linked to a rise in school shootings.<\/p>\n<p class=\"dcr-1eu361v\">RFK Jr \u2013 and Trump \u2013 are <a href=\"https:\/\/www.theguardian.com\/us-news\/2024\/nov\/04\/fluoride-explainer-what-is-us-election-donald-trump-robert-f-kennedy-jr\" data-link-name=\"in body link\">mulling banning fluoride in drinking water<\/a>, while he has also called for bans on hundreds of food additives and chemicals and wants to cut ultra-processed foods from school lunches as part of a plan to reduce diet-related chronic diseases.<\/p>\n<p class=\"dcr-1eu361v\">Announcing his choice, Trump said the health department would play a \u201cbig role in helping ensure that everybody will be protected from harmful chemicals, pollutants, pesticides, pharmaceutical products, and food additives that have contributed to the overwhelming health crisis in this country\u201d.<\/p>\n<p class=\"dcr-1eu361v\">The potential ramifications of RFK Jr running the department prompted panic among investors with shares in Moderna, which produces mRNA vaccines, falling 5% last night and almost 2% so far on Friday.<\/p>\n<p class=\"dcr-1eu361v\">BioNTech, the German drugmaker that helped develop a Covid vaccine with Pfizer, fell 7%. In London, AstraZeneca and GSK shares were down about 3%, placing them among the biggest fallers on the FTSE 100.<\/p>\n<p class=\"dcr-1eu361v\">Shares in the chemicals firm Croda, which <a href=\"https:\/\/www.croda.com\/en-gb\/our-markets\" data-link-name=\"in body link\">makes ingredients for food products<\/a> and vaccines, shed 4% on Friday morning. Germany\u2019s Roche has fallen by 2%, while Denmark\u2019s Novo Nordisk \u2013 the firm behind Wegovy and Ozempic, which also makes vaccines \u2013 has fallen 2.5%.<\/p>\n<p class=\"dcr-1eu361v\">RFK Jr\u2019s nomination has <a href=\"https:\/\/www.theguardian.com\/us-news\/2024\/nov\/14\/trump-administration-rfk-criticisms\" data-link-name=\"in body link\">drawn widespread criticism<\/a>, with Robert Garcia, California\u2019s Democratic representative, calling it \u201cfucking insane\u201d.<\/p>\n<p class=\"dcr-1eu361v\">\u201cHe\u2019s a vaccine denier and a tinfoil hat conspiracy theorist,\u201d said Garcia in a post on X. \u201cHe will destroy our public health infrastructure and our vaccine distribution systems. This is going to cost lives.\u201d<\/p>\n<p class=\"dcr-1eu361v\">RFK Jr has long run an anti-vaccine non-profit group, Children\u2019s <a href=\"https:\/\/www.theguardian.com\/society\/health\" data-link-name=\"in body link\" data-component=\"auto-linked-tag\">Health<\/a> Defense, and three years ago appeared in a video campaign next to a sticker that declared: \u201cIf you\u2019re not an anti-vaxxer, you aren\u2019t paying attention\u201d.<\/p>\n<p class=\"dcr-1eu361v\">He took leave from the group when he announced he would run for president. In August, he <a href=\"https:\/\/www.theguardian.com\/us-news\/article\/2024\/aug\/23\/robert-f-kennedy-jr-drops-out-endorses-trump\" data-link-name=\"in body link\">suspended<\/a> his US presidential bid and endorsed Trump.<\/p>\n<figure data-spacefinder-role=\"inline\" data-spacefinder-type=\"model.dotcomrendering.pageElements.NewsletterSignupBlockElement\" class=\" dcr-173mewl\"><a data-ignore=\"global-link-styling\" href=\"#EmailSignup-skip-link-13\" class=\"dcr-jzxpee\">skip past newsletter promotion<\/a><\/p>\n<aside aria-label=\"newsletter promotion\" class=\"dcr-av5vqf\">\n<div class=\"dcr-10et71f\">\n<p class=\"dcr-rsfwa\">Sign up to <span>Business Today<\/span><\/p>\n<\/div>\n<p class=\"dcr-1xjndtj\">Get set for the working day \u2013 we&#8217;ll point you to all the business news and analysis you need every morning<\/p>\n<p><gu-island name=\"SecureSignup\" priority=\"feature\" deferuntil=\"visible\" props=\"{&quot;newsletterId&quot;:&quot;business-today&quot;,&quot;successDescription&quot;:&quot;Get set for the working day \u2013 we'll point you to all the business news and analysis you need every morning&quot;}\"\/><span class=\"dcr-1eusqlu\"><strong>Privacy Notice: <\/strong>Newsletters may contain info about charities, online ads, and content funded by outside parties. For more information see our <a data-ignore=\"global-link-styling\" href=\"https:\/\/www.theguardian.com\/help\/privacy-policy\" rel=\"noreferrer\" class=\"dcr-1rjy2q9\">Privacy Policy<\/a>. We use Google reCaptcha to protect our website and the Google <a data-ignore=\"global-link-styling\" href=\"https:\/\/policies.google.com\/privacy\" rel=\"noreferrer\" class=\"dcr-1rjy2q9\">Privacy Policy<\/a> and <a data-ignore=\"global-link-styling\" href=\"https:\/\/policies.google.com\/terms\" rel=\"noreferrer\" class=\"dcr-1rjy2q9\">Terms of Service<\/a> apply.<\/span><\/aside>\n<p id=\"EmailSignup-skip-link-13\" tabindex=\"0\" aria-label=\"after newsletter promotion\" role=\"note\" class=\"dcr-jzxpee\">after newsletter promotion<\/p>\n<\/figure>\n<p class=\"dcr-1eu361v\">He has also pushed conspiracy theories including that Covid-19 could have been \u201cethnically targeted\u201d to spare Ashkenazi Jews and Chinese people.<\/p>\n<p class=\"dcr-1eu361v\">RFK Jr has claimed he is not against vaccines, but that he wants them to be rigorously tested. However, he has also said \u201cthere\u2019s no vaccine that is safe and effective\u201d.<\/p>\n<p class=\"dcr-1eu361v\">He said in a podcast in 2021: \u201cI see somebody on a hiking trail carrying a little baby and I say to him, better not get them vaccinated.\u201d<\/p>\n<p class=\"dcr-1eu361v\">Russ Mould, an investment director at AJ Bell, said Trump\u2019s nomination of RFK Jr as head of the HHS had \u201cspooked investors\u201d in the pharmaceutical sector.<\/p>\n<p class=\"dcr-1eu361v\"><strong>\u201c<\/strong>The impact \u2026 is hard to judge fully at this stage but, at the very least, it will cause a good deal of uncertainty,\u201d he said.<\/p>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.theguardian.com\/business\/2024\/nov\/15\/pharma-shares-trump-rfk-jr-health-vaccine-drugmakers-moderna-astrazeneca-gsk\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investors in pharmaceutical companies are selling off stock after Donald Trump nominated the anti-vaccine activist Robert F Kennedy Jr to lead the US Department of Health and Human Services. RFK &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=126255\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8629],"tags":[],"class_list":["post-126255","post","type-post","status-publish","format-standard","hentry","category-u-s","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/126255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=126255"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/126255\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=126255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=126255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=126255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}