The recent appointment of Robert F. Kennedy Jr. as Secretary of Health by President-elect Donald Trump has sparked a wave of reactions in the pharmaceutical sector.
Kennedy, known for his skeptical positions on vaccines, has raised concerns among investors and public health experts, leading to a significant drop in the stocks of major pharmaceutical companies.
Robert F. Kennedy Jr., a lawyer and environmental activist, was chosen by Trump to lead the Department of Health and Human Services (HHS).
His appointment has been seen as a controversial move, given his long history of criticism towards vaccines and traditional health policies.
However, immediately after the announcement of the appointment, the stocks of several pharmaceutical companies experienced a drastic decline.
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