Mpox Outbreak Drives Bavarian Nordic Vaccine Maker's Stock to New Heights

Essential Insights

• Bavarian Nordic’s shares soared in Danish markets on Friday as investors capitalized on its unique position with the only approved mpox vaccine in the US and Europe.
• The World Health Organization (WHO) declared the rising mpox cases in African nations a global public health emergency, marking its second such announcement in two years.
• This week, Bavarian Nordic’s stock climbed approximately 48%, reflecting strong market confidence.

Following the WHO’s declaration of mpox as a global health emergency, Bavarian Nordic experienced a sharp increase in its stock value during Danish trading on Friday. The company holds the exclusive approval for the mpox vaccine across the United States, Europe, Canada, and the United Kingdom.

On Wednesday, the WHO highlighted the alarming rise of mpox cases in African countries, prompting the global health emergency status — the second time in two years this designation has been made for the disease. Previously known as monkeypox, the virus was declared an emergency in July 2022 but that status was lifted after 10 months.

Bavarian Nordic’s Mpox Vaccine: The Sole Approved Option Across Major Regions

This Danish biotech leader is the only company with mpox vaccine authorization from regulatory bodies in the US, Europe, Canada, and the UK. Recently, Bavarian Nordic submitted clinical trial data to European regulators seeking approval to extend vaccine use to adolescents aged 12 to 17, expanding beyond the current adult-only authorization for those 18 and older.

The WHO also reported Sweden as the first country outside Africa to confirm an mpox case linked to travel in Central Africa. The surge in cases, particularly in the Democratic Republic of Congo and neighboring countries, alongside the emergence of a more virulent strain known as clade 1b, has intensified global concerns.

Bavarian Nordic’s stock closed Friday at 283.50 Danish kroner ($41.84), marking an 18% rise for the day and an impressive 48% gain throughout the week.

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