Health stocks jump as WHO declares mpox global health emergency

Shares of Danish vaccine maker Bavarian Nordic jumped as much as 17% Thursday amid a wider rally for associated healthcare stocks.

Medical tools supplier Precision System Science Co soared 40% in Tokyo and virus detection kit maker Shanghai ZJ Bio-Tech Co gained 8% in China.jumped as much as 17% Thursday amid a wider rally for associated healthcare stocks after the World Health Organization declared an escalating mpox outbreak in Africa as aBavarian Nordic, one of the only companies with an approved mpox vaccine, was 16.

The "public health emergency of international concern" status is the WHO's highest designation and aims to accelerate international public health measures and cooperation to contain a disease.with flu-like symptoms and pus-filled lesions on the body. Usually mild, it can be fatal in rare cases. Brian Ferguson, associate professor of immunology at the University of Cambridge, said that the new outbreak was particularly concerning given its increased prevalence among children, and said more need to be done to improve vaccine access.

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