In a statement the office of USTR said, United States Trade Representative Katherine Tai met World Trade Organization Director General Ngozi Okonjo-Iweala and discussed ongoing talks among WTO Members to reach an outcome on a pandemic response. “Ambassador Tai stressed… Read More ›
vaccines
Pfizer’s surge in revenue triggers potential acquisitions
On Tuesday, investors hope to learn Pfizer Inc’s plans for what could be a once in a generation cash infusion from COVID-19 treatments and vaccines in 2022. Some drugmakers are looking to spend on potential acquisitions. According to Chief Executive Albert… Read More ›
Covid-19 vaccines likely to be less effective against Omicron variant: WHO
In a statement on Wednesday, the World Health Organization said, preliminary evidence indicates that COVID-19 vaccines may be less effective against transmission and infection from the Omicron variant of the coronavirus; it also carries a higher risk of reinfection. As… Read More ›
Double doses of vaccination will not neutralize Omicron variant: Oxford study
Two doses of COVID-19 vaccinations will not suffice to neutralize antibodies against the Omicron variant of the Coronavirus, found British scientists. They further found that those who have been previously infected or vaccinated may face increased infections. Researchers from the University… Read More ›
Existing COVID-19 vaccines are unlikely to be effective against Omicron COVID-19 variant: Moderna’s CEO Stéphane Bancel
In a significant development, Moderna’s CEO Stéphane Bancel said, it is unlikely that existing COVID-19 vaccines will be effective against the Omicron COVID-19 variant. With Bancel’s comments reaching the market, crude oil futures shed more than a dollar, the Nikkei gave… Read More ›
WTO members should support intellectual property waiver to ensure equitable access to vaccines: White House
The White House has called on all members of the World Trade Organization to support an intellectual property waiver for COVID-19 vaccines. “We … need every WTO member to step up as well and support an intellectual property waiver, and… Read More ›
US will donate COVID-19 vaccine to pacific island nations with no stings attached: President Joe Biden
In a recorded message on Friday, U.S. President Joe Biden told a forum of Pacific island leaders, the United States would donate COVID-19 vaccines without strings attached. The development comes in the wake of China becoming an increasingly more assertive… Read More ›
Unrestricted travel between Britain and Europe possible from July onwards: Ryanair’s CEO
Despite Britain’s move to curtail travel, Ryanair’s CEO said, he was optimistic about the possibility of an unrestricted travel between Britain and Europe from July onwards. “When people are travelling in July and August there will be no restrictions on… Read More ›
BioNTech expands vaccine manufacturing network to Singapore
On Monday BioNTech issued a statement saying it plans on setting up a regional headquarters in Singapore where it will also build its new manufacturing site for vaccines based on messenger RNA technology (mRNA). The development sees the company expanding… Read More ›
Rise in demand for US travel on vaccine tourism: LATAM Airlines Group
In a statement the LATAM Airlines Group said it sees an increase in demand from South Americans wanting to travel to the US to get vaccinated against the coronavirus. “The past few weeks we have seen an increase in that… Read More ›