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Vaccine maker Moderna’sΒ (MRNA.O) ,Β chief executive officer Stephane Bancel will vacate his role as the company’s chief commercial officer, Bloomberg News reported on Tuesday citing one person familiar with the matter.
The company’s president Stephen Hoge will take charge of sales as well as medical and research affairs, according to the report.
Bancel will remain in his role as Moderna’s CEO, the report added. Moderna did not immediately respond to a Reuters request for comment.
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The U.S. state of Kansas on Monday sued Pfizer (PFE.N),accusing the company of misleading the public about its COVID-19 vaccine by hiding risks while making false claims about its effectiveness.
In a lawsuit, filed in the District Court of Thomas County, the state said the New York-based drugmaker’s alleged false statements violated the Kansas Consumer Protection Act. It is seeking unspecified money damages.
Pharmaceutical leaders reportedly convened urgently after Trumpβs election win and RFK Jr.βs pledge to βgutβ the FDAβs nutrition division.
Following President-elect Donald Trumpβs victory, executives from the top five pharmaceutical companies reportedly held an emergency meeting to discuss potential regulatory shake-ups. Concerns have intensified with Robert F. Kennedy Jr., an outspoken critic of federal health agencies, set to play a significant role in restructuring public health regulations under the new administration.
Jamel Holley, a New Jersey assemblyman and advisor to Kennedy, stated, βThe top CEOs are in a state of panic,β adding that the teleconference addressed a new βthreat environmentβ as the pharmaceutical sector braces for major policy shifts.
The team of US President-elect Donald Trump has proposed to freeze the Ukrainian conflict and provide new arms supplies in exchange for Kiev’s refusal to join NATO for at least 20 years, the Wall Street Journal newspaper reported on Thursday, citing sources.
The newspaper reported that this idea also includes creating an 800-mile demilitarized zone but it remains unclear who would police the territory.
The “peacekeeping force” would not involve US troops, nor come from a US-funded international body, such as the United Nations, the report added. A Trump adviser also said, as quoted by the Wall Street Journal, that Europeans should maintain peace in Ukraine. However, the US leader has not approved any of these plans yet.
