General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsYikes Moderna CEO really said this? Never heard a CEO
be so candid, despite his own shareholders
https://www.marketwatch.com/story/this-is-not-going-to-be-good-moderna-ceo-on-what-scientists-are-telling-him-about-the-omicron-coronavirus-variant-11638266621
Moderna MRNA, -4.36% CEO Stéphane Bancel has left no doubt whether hes taking a glass half-full or half-empty approach to the emergence of the new omicron coronavirus variant.
He told the Financial Times theres no world where current vaccines are as effective as they have been against the delta variant. And he suggested the drop-off could be significant.
I think its going to be a material drop. I just dont know how much because we need to wait for the data. But all the scientists Ive talked to?.?.?. are like, This is not going to be good.
The interview put another scare into financial markets, with futures on the Dow industrials YM00, 0.47% contract losing more than 500 points. The major vaccine makers have offered timelines of two to six weeks for assessing its vaccine evading capabilities, and in the meantime, travel shutdowns and behaviour modification are a risk
More at link
unblock
(52,224 posts)And sell billions more.
Mutations mean you have to buy vaccine 2.0. Not really a loss even from a business point of view.
cilla4progress
(24,731 posts)are the treatments?
Tomconroy
(7,611 posts)And he has a direct line to the Pfizer brewmeisters. Check the second tweet in the thread in particular:
https://mobile.twitter.com/ScottGottliebMD/status/1465679760948973575?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet
Dorian Gray
(13,493 posts)I think it's interesting to note the different tactic that Moderna and Pfizer are taking when talking about this variant and vaccine efficacy against it.
Time will tell.