Pfizer Stock News

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Moderna predicts that existing Covid-19 vaccines will be less effective against Omicron than they have been against the Delta variant.

Philip Dormitzer, who was one of the executives involved in the development of Pfizer Inc.''s coronavirus vaccine, is set to join GlaxoSmithKline plc (GSK) as global head of vaccines research and d

Markets Freak Out Again After Moderna CEO Repeats That Vaccine Won''t Work For Omicron After spending yesterday doing interviews with practically every major American news organization, Moderna CEO Stephane Bancel on Tuesday tanked shares in his own company after telling Britain''s premier financial newspaper that he expects vaccines will "struggle" to stop the omicron variant. Existing jabs will be less effective at tackling omicron than earlier strains of COVID, and it may take months before pharmaceutical companies can manufacture new variant-specific jabs at scale, Bancel warned in an interview with the FT. The CEO predicted a "material drop" in the current jabs'' efficacy at fighting omicron. Given the large number of mutations in omicron''s spike protein (which is critical to the virus''s ability to infect human cells), along with the "rapid spread" of the new variant in South Africa, Bancel believes the current crop of vaccines will need to be modified by next year. Bancel told the FT that "there is no world where [the effectiveness] is the same levelwe had with Delta," during an interview at Moderna''s headquarters.

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America is on alert, working around the clock to prepare for what the Omicron variant may bring.

HUMZA Yousaf today claimed calls for the reopening of mass vaccination centres were ignorant despite a booster backlog now nearing two million Scots. The Health Secretary told how there was adequate supply of Pfizer and Moderna vaccine third doses but there werent enough staff to put jabs in arms. Changing advice from expert []

U.S. Non-oncology Biopharmaceuticals Market continues to expand with Sanofi completing the acquisition of Kadmon Holdings to strengthen its transplant business Market Overview A biopharmaceutical is a medical term that describes any biotechnology-based pharmaceutical product, produced in, created from, or extracted from living

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A top Pfizer executive says the company is hopeful that booster shots will provide sufficient protection against the Omicron variant but has already envisioned a timeline for the development

A large quantity of Covid-19 vaccines will continue to go waste if Western countries keep on sending doses with shorter shelf lives, warned African CDC and its partners on Monday.Several African countries are destroying vaccines after they''ve exceeded their expiry dates. Others are being returned by countries that are unable to use them before they expire with Namibia becoming the latest nation that announced more than 268,000 doses of AstraZeneca and Pfizer COVID-19 vaccines are at risk of being destroyed in weeks. On Monday, the African Vaccine Acquisition Trust (AVAT), the Africa Centres for Disease Control and Prevention (Africa CDC) and COVAX issued a statement to draw the attention of the donors of COVID-19 vaccines to Africa, particularly those supported by the Gavi COVAX Advance Market Commitment, on the situation. To date, over 90 million donated doses have been delivered to the continent via COVAX and AVAT and millions more via bilateral arrangements. However, the majority of the donations to-date have been ad hoc, provided with little notice and short shelf lives, the trio said. This has made it extremely challenging for countries to plan vaccination campaigns and increase absorptive capacity. This trend must change in order o achieve higher coverage rates across the continent, and for donations to be a sustainable source of supply that can complement supply from AVAT and COVAX purchase agreements, they warned. Countries need predictable and reliable supply, the agencies said, adding having to plan at short notice and ensure uptake of doses with short shelf lives exponentially magnifies the logistical burden on health systems that are already stretched.