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Trump Administration Weighs Pulling Funding for Moderna Bird Flu Vaccine

U.S. health officials are reevaluating a $590 million contract awarded to Moderna for the development of its bird flu vaccine due to "oversight" issues, Bloomberg News reported. The review is part of a government push to examine spending on messenger RNA-based vaccines, a technology that powered Moderna's Covid vaccine. This move may impact the development and distribution of the bird flu vaccine, which has shown promising results in early trials.

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MODerna Stock Zooms Nearly 16% Higher on Hump Day Δ1.78

Moderna's stock price surged nearly 16% higher following a court ruling in Germany that found Pfizer and BioNTech had violated a COVID-19 patent held by Moderna. The company, best known for producing the Spikevax vaccine, will receive compensation from its rivals for the use of the patent in developing their own COVID jab, Comirnaty. This decision establishes a significant precedent for intellectual property protection in the pharmaceutical industry.

Moderna (MRNA) Stock Is Rallying Today Δ1.77

Moderna's Court Victory has resulted in a 8% increase in stock value after a German court ruled that BioNTech and Pfizer must pay Moderna damages for infringing on its mRNA patents. The company is now seeking damages based on all sales of Comirnaty over the last three years. This move is seen as a major win for Moderna, which had been seeking compensation for what it claims are stolen intellectual property rights.

German Court Ruling Impacts COVID-19 Vaccine Patent Dispute Δ1.75

A German court has ruled that Pfizer and BioNTech violated a COVID-19 vaccine patent held by Moderna. The court ordered the two companies to provide information on earnings derived from the use of the patent, with the potential for compensation to be determined in further legal proceedings. The ruling can still be appealed to a higher court.

Trump’s FDA Cuts Are Putting Drug Development at Risk. Δ1.74

Budget and staffing cuts at the Food and Drug Administration orchestrated by President Donald Trump could prevent new drugs “from being developed, approved, or commercialized in a timely manner, or at all,” according to dozens of annual reports sent by pharmaceutical companies to the Securities and Exchange Commission in late February. The impact on clinical trials and regulatory approvals is likely to be significant, potentially slowing down the development of life-saving treatments for serious diseases. As a result, patients may face longer wait times for new medications, which could have devastating consequences for public health.

Some Malaria, HIV, TB Programme Cuts Reversed by US, Groups Say Δ1.74

Several lifesaving health projects that recently faced abrupt termination of U.S. funding contracts have received reversal letters, although actual funding has yet to resume. Aid organizations express cautious optimism regarding the reversals, yet the lack of financial clarity hampers their ability to effectively resume critical services. The ongoing confusion stems from the Trump administration's review process, which has halted operations and jeopardized vital health programs across the globe.

The CDC Rolls Back Vaccination Guidance Amid Anti-Vaccine Sentiment Δ1.73

The US Centers for Disease Control and Prevention (CDC) is reportedly planning to study a nonexistent link between measles vaccines and autism, despite decades of research that have consistently disproven this claim. This move follows a pattern of anti-vaccination sentiment in the country, fueled in part by celebrity endorsements like those from Senator Rand Paul and Senator Ted Cruz's father, Senator Rick Scott's, wife Marjorie Taylor Greene's vocal opposition to vaccines. As a result, vaccination rates are declining, putting vulnerable populations at risk.

Supreme Court Rejects Trump Bid to Withhold $2bn in Foreign Aid Δ1.73

The US Supreme Court has rejected a request by the Trump administration to withhold nearly $2bn in payments to foreign aid organisations for work they have already performed for the government. The court upheld a lower court ruling ordering the administration to release the funds to contractors and grant recipients of the US Agency for International Development and the State Department. This decision marks a significant victory for President Barack Obama's aid programmes, which were previously targeted by Trump's cost-cutting initiatives.

Trump Pick to Lead NIH Bhattacharya Vows to Tackle Chronic Disease Δ1.73

Bhattacharya backs vaccines despite past COVID criticism; Senators question Bhattacharya on vaccines, funding cuts; Bhattacharya expected to be confirmed after Senate hearing. His views clash with mainstream public health leaders and pose challenges for the NIH's funding and research integrity. As a vocal critic of lockdowns, Bhattacharya may face skepticism from experts over his approach to tackling chronic diseases.

US Judge Bars Trump Administration From Cutting NIH Research Funding Δ1.73

A U.S. District Judge has issued a nationwide injunction preventing the Trump administration from implementing significant cuts to federal grant funding for scientific research, which could have led to layoffs and halted critical clinical trials. The ruling came in response to lawsuits filed by 22 Democratic state attorneys general and medical associations, who argued that the proposed cuts were unlawful and detrimental to ongoing research efforts. The judge emphasized that the abrupt policy change posed an "imminent risk" to life-saving medical research and patient care.

Egg Shortage Eases Later This Year Amid Vital Farms' Plans Δ1.73

Vital Farms, a premium egg producer, reported an update on its bird flu-caused egg shortages and delivered results that suggest some improvement later this year. The company's CEO, Russell Diez-Canseco, stated that industry supply will remain under pressure due to the impact of bird flu on poultry flocks across the US, but expects supply chain investments to start bearing fruit as the year progresses. Vital Farms' stock rose 4% following its fourth-quarter results, which showed revenue rising 22.2% to $166 million.

US Supreme Court Won't Let Trump Withhold Payment to Foreign Aid Groups Δ1.73

The US Supreme Court has handed a setback to President Donald Trump's administration by upholding a lower court order that requires the release of funding to foreign aid organizations for work they already performed. The court's 5-4 decision allows the agencies to disburse the nearly $2 billion in frozen funds, which had been threatened with being withheld due to Trump's "America First" agenda. This ruling marks a significant victory for aid groups and humanitarian organizations that relied on these payments to continue their work around the world.

Pfizer, BioNTech Face Patent Ruling in German Court Δ1.73

A German court has ruled that Pfizer and its partner BioNTech violated a COVID-19 vaccine patent held by Moderna. The ruling holds Pfizer and BioNTech liable for using the patented technology without permission, and they must provide information on earnings derived from the use of the patent and pay compensation to Moderna. The decision can be appealed to a higher court, but it marks an important milestone in the ongoing intellectual property dispute between the three companies.

Trump Administration Cuts May Threaten AI Research Efforts. Δ1.73

The Trump Administration has dismissed several National Science Foundation employees with expertise in artificial intelligence, jeopardizing crucial AI research support provided by the agency. This upheaval, particularly affecting the Directorate for Technology, Innovation, and Partnerships, has led to the postponement and cancellation of critical funding review panels, thereby stalling important AI projects. The decision has drawn sharp criticism from AI experts, including Nobel Laureate Geoffrey Hinton, who voiced concerns over the detrimental impact on scientific institutions.

US Foreign Aid Organizations Claim $671 Million Owed by Deadline Δ1.72

U.S. foreign aid organizations have filed a lawsuit against the Trump administration, claiming they are owed over $671 million due to a freeze on foreign aid spending. Despite the administration's resistance to court orders for payment, a federal judge has set a deadline for the funds to be released by Monday, emphasizing the urgency as some organizations face potential shutdowns. The case highlights the ongoing tensions between government actions and the operational realities of humanitarian aid providers.

Foreign Aid Groups Ask Us Supreme Court to Require Trump to Release Funds Δ1.72

Foreign aid organizations have petitioned the U.S. Supreme Court to compel the Trump administration to release nearly $2 billion in withheld payments for work already completed by contractors and grantees associated with USAID and the State Department. A federal judge had mandated these payments, arguing that the ongoing funding freeze would cause irreparable harm to both the organizations and the vulnerable populations they serve. The case highlights the tension between governmental authority and the operational capabilities of independent agencies as foreign aid efforts face severe disruptions.

Trump's FDA Nominee Makary Promises Role for Vaccine Expert Committee Δ1.72

Makary has promised to convene the agency's vaccine advisory committee, but does not commit to rescheduling a canceled meeting to discuss flu vaccine composition. The nomination of Martin Makary as the new FDA chief has raised concerns about his views on vaccines and reproductive rights. Makary, a physician at Johns Hopkins Hospital, would report to Health Secretary Robert F. Kennedy Jr.

RFK Jr. Shuts Americans Out of Health Decisions Despite Vow for Transparency Δ1.72

The advisory meetings that once allowed the public a window into vaccine decision-making have been canceled, removing transparency from the process. The committee's role is uncertain, leaving many to wonder if they will be able to provide input on future decisions, including the selection of COVID-19 strains. This move has sparked concerns about RFK Jr.'s commitment to radical transparency.

Trump Axes AI Staff and Research Funding, Weakening the American AI Talent Pipeline Δ1.72

The Trump administration's recent layoffs and budget cuts to government agencies risk creating a significant impact on the future of AI research in the US. The National Science Foundation's (NSF) 170-person layoffs, including several AI experts, will inevitably throttle funding for AI research, which has led to numerous tech breakthroughs since 1950. This move could leave fewer staff to award grants and halt project funding, ultimately weakening the American AI talent pipeline.

Investors Reclaim Control of Pfizer Inc. (Pfe) Amid Vaccine Boom Δ1.71

Pfizer Inc. (NYSE:PFE), the pharmaceutical giant behind a leading COVID-19 vaccine, has seen its stock value rise due to strong demand for its life-saving medication and high expectations from investors. The recent surge in vaccine-related stocks has led to increased investor confidence in Pfizer's ability to deliver on its promises. With the company's vaccine sales reaching new heights, Pfizer is poised to become one of the best-performing biotech stocks.

Moderna Secures UK Approval for RSV Vaccine Δ1.71

Moderna's mRESVIA has been granted marketing authorization by the Medicines and Healthcare products Regulatory Agency in the UK, marking a significant step towards widespread use of the vaccine against respiratory syncytial virus (RSV) in adults 60 years of age and older. The approval is based on data from a Phase 3 clinical trial that showed no serious safety concerns. The vaccine has been shown to induce immune responses against RSV, potentially reducing the severity of lower respiratory tract disease caused by the virus.

Farmers Put Plans, Investments on Hold Under Trump USDA Spending Freeze Δ1.71

The Trump administration's freeze on USDA grants and loans is creating financial turmoil for farmers, with many halting investments and facing potential bankruptcy due to uncertainty in agricultural funding. This decision has disrupted agricultural markets, leading to confusion and stress in farming communities that have historically supported Trump. As farmers await the release of frozen funds, the long-term implications for the agricultural sector and its economic stability remain unclear.

Farmers Seek Relief From Trump's Second Round of Trade Wars Δ1.71

America's farmers are once again facing economic uncertainty as Donald Trump ramps up his new trade wars, with potential tariffs on Canadian and Mexican goods that could raise food prices and impact rural economies. The agriculture sector has been at the center of global trade tensions, with some signs that the Trump administration may be considering exemptions for certain agricultural products from new tariffs. This move would come amid a partial replay of Trump's 2018-2019 trade fights, which had a significant impact on US farmers and led to billions of dollars in government assistance.

US Foreign Aid Contractors Face Judge After Supreme Court Boost Δ1.71

The case before US District Judge Amir Ali represents an early test of the legality of Trump's aggressive moves since returning to the presidency in January to assert power over federal spending, including funding approved by Congress. The Supreme Court's 6-3 decision to uphold Ali's emergency order for the administration to promptly release funding to contractors and recipients of grants has given plaintiffs a new lease on life. However, despite the Supreme Court's action, the future of the funding remains unclear.

US Board Reinstates Thousands of USDA Employees Fired by Trump Administration Δ1.70

The U.S. Merit System Protection Board has ordered the temporary reinstatement of thousands of federal workers who lost their jobs as part of President Donald Trump's layoffs of the federal workforce, following a federal judge's ruling that blocked Trump from removing the board's Democratic chair without cause. The decision brings relief to employees who were fired in February and could potentially pave the way for further reviews of similar terminations. As the administration appeals this decision, it remains unclear whether other affected workers will be reinstated.

Trump Pulls $400 Million From Columbia University Over Gaza Protests Δ1.70

The Trump administration is pulling $400m of federal funding from Columbia University, citing the college's alleged failure to combat antisemitism on campus. The university has faced significant backlash for its handling of pro-Palestinian protests last year, which saw some of the largest and most tense demonstrations in US history. Columbia University's reputation as a prestigious institution is now under scrutiny following the decision.