US expected to increase biodefence spending under Trump, says vaccine maker Bavarian Nordic [Yahoo! Finance]
BAVARIAN NORDIC R/I S/ADR (BVNRY)
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Source: Yahoo! Finance
Kennedy Jr., a vaccine sceptic, as health secretary, the company's CEO said on Friday. Shares in European vaccine makers fell on Friday after U.S. President-elect Donald Trump selected Kennedy, who has previously spread misinformation on vaccines, to lead the top health agency. "Vaccine scepticism was part of Trump's first administration," Bavarian Nordic CEO Paul Chaplin told Reuters in an interview. "When I look back at his first administration, it was some of the most successful years in terms of the public preparedness business with the U.S. government," he said. Biodefence is preparing for and responding to potential biological threats, from pandemics to potential biological warfare. "The only thing I've ever seen with a Republican administration is that the biodefence business and funding goes up," said Chaplin. Bavarian Nordic is providing the U.S. government with a freeze-dried variant of its smallpox vaccine as part of America's smallpox preparedness strategy. Its
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