Big Pharma Stocks Crumble After Trump Taps RFK Jr. as HHS Boss

By Free Republic | Created at 2024-11-15 16:02:52 | Updated at 2024-11-15 18:50:41 2 hours ago

Big Pharma Stocks Crumble After Trump Taps RFK Jr. as HHS Boss
Headline USA ^ | November 14, 2024 | Luis Cornelio

Posted on 11/15/2024 7:53:10 AM PST by Red Badger

(Luis Cornelio, Headline USA) President-elect Donald Trump’s nomination of Robert F. Kennedy Jr. to head the Department of Health and Human Services has sent shockwaves through vaccine company stocks.

BioNTech and Novavax saw their stocks drop by 7.1% and 7.0%, respectively, while Moderna’s fell by 5.6% shortly after Trump’s announcement on Thursday, according to Axios. CNBC noted that Pfizer’s stocks dropped more than 2 percent.

These companies made billions after manufacturing the COVID-19 vaccines, which several governments, including the U.S., forced Americans to take.

Trump’s appointment of RFK Jr. to HHS seems part of the former independent presidential candidate’s efforts to “Make America Healthy Again,” echoing Trump’s signature “Make America Great Again” slogan.

“Mr. Kennedy will restore these Agencies to the traditions of Gold Standard Scientific Research, and beacons of Transparency, to end the Chronic Disease epidemic, and to Make America Great and Healthy Again!” Trump wrote on Truth Social.

Mirroring Trump’s comments, RFK Jr. posted on X: “Together we will clean up corruption, stop the revolving door between industry and government, and return our health agencies to their rich tradition of gold-standard, evidence-based science.”

RFK Jr. added, “I will provide Americans with transparency and access to all the data so they can make informed choices for themselves and their families.”

Robert F. Kennedy Jr

@RobertKennedyJr · Follow Thank you @realDonaldTrump for your leadership and courage. I'm committed to advancing your vision to Make America Healthy Again.

We have a generational opportunity to bring together the greatest minds in science, medicine, industry, and government to put an end to the chronic… Show more 5:07 PM · Nov 14, 2024

TOPICS: Business/Economy; Culture/Society; Government; Politics/Elections
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1 posted on 11/15/2024 7:53:10 AM PST by Red Badger

To: Red Badger

Good. Big pharma does have some value, but they need to be reigned in. Apparently, executives at big pharma are as honorable as Dr. Fauci.

2 posted on 11/15/2024 7:56:32 AM PST by brownsfan (It's going to take real, serious, hard times to wake the American public.)

To: Red Badger

Gosh that’s too bad. They made so much off of Covid alone I’m sure they’ll survive.

3 posted on 11/15/2024 7:56:45 AM PST by albie (U)

To: Red Badger

I seriously don’t know when I’ve ever been happier.

I’ve been saying for years that we have built a broken world. So many things are just wrong. So many things are rotten. I feel like a great many of these things are about to be fixed. It will be a whole new world.

4 posted on 11/15/2024 7:58:13 AM PST by ClearCase_guy (My decisions about people are based almost entirely on skin color. I learned this from Democrats.)

To: ClearCase_guy

Never underestimate the Left’s treachery..................

5 posted on 11/15/2024 8:01:02 AM PST by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)

To: Red Badger

They’ll weasel their way back in. Good time to buy their stock.

6 posted on 11/15/2024 8:02:14 AM PST by Jeff Chandler (THE ISSUE IS NEVER THE ISSUE. THE REVOLUTION IS THE ISSUE.)

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