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flag CSL delays Seqirus spinoff and cuts 2026 outlook due to falling U.S. flu vaccine demand after RFK Jr.'s health appointment.

flag Australian biotech CSL has delayed the spinoff of its vaccine unit, Seqirus, and cut its 2026 financial outlook, citing a sharp decline in U.S. flu vaccination rates linked to shifting public confidence following Robert F. Kennedy Jr.'s appointment as health secretary. flag The company lowered its revenue growth forecast to 2%-3% and net profit growth to 4%-7%, down from 4%-5% and 7%-10%, respectively, and attributed the downturn to reduced vaccine demand, policy changes, and growing hesitancy. flag Shares dropped as much as 16.6%, their lowest since 2018, amid investor concern over weakened growth and delayed shareholder value.

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