FDA Critic Prasad Named Top Vaccine Official

(Reuters) -The U.S. Food and Drug Administration has named Vinay Prasad, an oncologist who has previously criticized FDA leadership and COVID-19 mandates, as the director of its Center for Biologics Evaluation and Research, the agency said on Tuesday. In that role, Prasad, a frequent critic of the pharmaceutical industry, will oversee the regulation of costly and complicated biologic drugs, including vaccines, gene therapies, and blood supply. Drug company stocks fell on the news, led by an 11% drop in vaccine maker Moderna and a 20% fall in shares of smaller gene therapy developers. Read Full Article »