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Vaccine makers’ shares jump after bird flu death in US

Moderna, Pfizer, CureVac and Novavax register gains as health agency stresses risk to public ‘remains low’

Shares in vaccine developers jumped on Tuesday after the US reported its first human death from the H5 strain of bird flu.

Moderna’s stock rose 11.6 per cent, Novavax gained 10.8 per cent and CureVac’s shares advanced 5 per cent. Shares in Pfizer, one of the biggest US drugmakers, added nearly 1 per cent.

The US Centers for Disease Control and Prevention on Monday confirmed the death of an elderly patient with underlying medical conditions from the H5 strain of bird flu in Louisiana.

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