Bavarian Nordic, Other Health Stocks Jump on Mpox Concerns
- WHO called mpox outbreak in Africa a global health emergency
- Danish vaccine producer, Asian testing kit maker, others rise
Colorized transmission electron micrograph of mpox virus particles.
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Shares of Danish vaccine developer Bavarian Nordic A/S jumped, while other medical product makers also rose, after the World Health Organization declared a fast-spreading mpox outbreak in Africa a global health emergency.
Bavarian Nordic, one of the few companies with an approved mpox vaccine, soared as much as 17% in Denmark to the highest intraday level since November 2022. Medical tools supplier Precision System Science Co. surged as much as 39% in Japan, while virus detection kit maker Shanghai ZJ Bio-Tech Co. gained as much as 8.4% in China.