CSL Eyes Pediatric Segment as Key to Stabilizing Flu-Vaccine Revenue -- Market Talk
Dow Jones
Aug 19
0256 GMT - When asked on an analyst call why CSL thinks that its seasonal flu-vaccine revenues will stabilize, CEO Paul McKenzie replied that the company has been investing in the pediatric segment. He was speaking after the company announced that it would spin off its flu-vaccine business Seqirus and list it separately in Australia. A couple of years ago, CSL's share of the pediatric segment was zero, but now the company is expecting to soon achieve about 20% share, he said, adding that most of the vaccine fatigue is in the 18-64-year-old category. The stock is down 13% following annual earnings and the spinoff plan. (mike.cherney@wsj.com)
(END) Dow Jones Newswires
August 18, 2025 22:56 ET (02:56 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.