By Gerry Smith and Damian Garde
US regulators have approved updated versions of the Covid vaccine, though a much smaller group of people will be eligible to receive them this fall after Health and Human Services Secretary Robert F. Kennedy Jr. took aim at the shots earlier this year.
The Food and Drug Administration on Wednesday cleared Covid shots that target strains related to the prevailing JN.1 variant of the virus.
People 65 and older and those who have underlying conditions that put them at higher risk from Covid are eligible to receive one. People over 6 months who don’t fall into that category can still get the vaccines, with the approval of a doctor. Last year, everyone was eligible for the shot without having to see a physician.
Moderna Inc. and Pfizer Inc. were both up around 1%, while Novavax Inc. shares gained 2.1% at 3:38 p.m. in New York on Wednesday. The companies all make Covid shots approved by the FDA for use this fall.
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