The Biden Administration Declares a Public Health Emergency due to Monkeypox and the FDA approves Bavarian Nordic’s vaccine for use in children on a “case by case basis” via /r/wallstreetbets #stocks #wallstreetbets #investing


The Biden Administration Declares a Public Health Emergency due to Monkeypox and the FDA approves Bavarian Nordic’s vaccine for use in children on a “case by case basis”

Two big announcements today. The Biden administration declared this afternoon a public health emergency concerning the ongoing monkeypox outbreak. What does this mean? Firstly, it means that the US government is finally starting to take the monkeypox oubreak seriously. As i previously stated, there is an internal memo circulating around the Whitehouse stating that $7 billion would be needed to fight the epidemic. That memo was drafted several weeks ago, before monkeypox infections had grown exponentially. The declaration of a public health emergency is an important first step in the Federal government marshalling resources to fight the epidemic. Any effective program aimed and combatting the epidemic will almost asurredly see huge orders of monkeypox vaccine and anti-viral drugs. Bavarian Nordic and SIGA will almost assuredly profit immensely from such a huge increase in orders. The second big piece of news today is that the FDA announced that it was going to start permitted the use of Bavarian Nordic's Jynneos vaccine in children on a "case by case" basis. This means that the potential market for Bavarian Nordic's vaccine has just increased, and as a result even more vaccine will need to be ordered. I'm still quite bullish on both SIGA and Bavarian Nordicas you can tell. You can find my previous monkeypox DD and update postshere and here.

Submitted August 04, 2022 at 09:13PM by ScipioAtTheGate
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