Shares in pharmaceutical heavyweights Moderna and Pfizer have taken a hit today, following a report indicating that Federal health officials are planning to connect COVID-19 vaccines to the tragic deaths of 25 children.
The Washington Post reported that officials intend to include this claim in a presentation next week to an advisory panel at the Centers for Disease Control and Prevention. The evidence suggests that the findings are based on data submitted to the federal Vaccine Adverse Event Reporting System, also known as VAERS. This database contains reports of possible vaccine side effects or negative experiences, which are yet to be verified.
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This development follows earlier reports that the presentation is not yet final, The Post has stated. “FDA and CDC staff routinely analyze VAERS and other safety monitoring data, and those reviews are being shared publicly through the established ACIP process,” a spokesperson for the Department of Health and Human Services told the news outlet, referencing the Advisory Committee on Immunization Practices.
“However, until that is shared publicly, any information on this should be considered pure speculation,” the spokesperson added. The significance of this should not be overlooked, as Pfizer shares fell by more than 3% this Friday and Moderna’s by over 7%.
Regulators in over 90 countries have not identified any new or undisclosed concerns in children or pregnant women for Moderna’s COVID-19 shot, the company reportedly said in an email response.
The situation involves the possible correlation between vaccines and child fatalities, the impact on Moderna and Pfizer’s shares, and the ongoing investigations by global health regulators. This raises important questions about vaccine safety, the veracity of the claims, and the implications for public trust in immunization efforts.