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flag A deadly U.S. flu season failed to boost vaccine rates, hurting CSL’s stock and vaccine unit plans due to lasting hesitancy.

flag A severe 2024–2025 U.S. flu season, linked to up to 99,000 deaths, failed to boost flu vaccine demand as vaccination rates dropped another 14% to 15%, continuing a multi-year decline. flag Analysts attribute the trend to persistent vaccine hesitancy and weakened public health messaging, particularly after anti-vaccine activist Robert F. Kennedy Jr. became health secretary under the Trump administration. flag The drop severely impacted CSL, an Australian drugmaker with its largest market in the U.S., causing over $50 billion in lost market value, a $17 billion write-down, and the indefinite postponement of spinning off its vaccine unit, Seqirus. flag The company cited unanticipated public resistance despite the crisis, reflecting broader challenges in maintaining trust in vaccines.

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