Trump administration reverses move to block Moderna flu vaccine trial
U-turn comes after backlash from the company and US biotech industry
U-turn comes after backlash from the company and US biotech industry

Maker of Covid-19 shots has slumped since pandemic as people turn against vaccines

Vaccine businesses seen as valuable parts of pharma groups but government hostility could deter future developments

Move is latest broadside by Trump administration against pharmaceuticals industry that fought to derail changes

Commissioner says agency is hiring scientists as industry warns over delays

Food and Drug Administration reinstates Vinay Prasad who left agency in July after social media campaign

Recent setbacks for the movement signal a potential turning point for the vaccine makers as the market picks up