GSK slides 6% after US CDC narrows scope of RSV shots

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GSK slides 6% after US CDC narrows scope of RSV shots

- GSK's shares dropped more than 6% on Thursday, a day after a U.S. public health agency narrowed its usage recommendation for all respiratory syncytial virus vaccines and held off on recommending their use for those under 60 years of age.

The U.S. Centers for Disease Control and Prevention said late on Wednesday that it now recommended the shots for those who are 60-74 years old and have an increased risk of severe RSV due to medical conditions. The decision is a negative for GSK, which makes the Arexvy RSV vaccine, analysts at JPMorgan wrote in a note.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.

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