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Health

Moderna Covid vaccine FDA accepted for emergency use

The Food and Drug Administration has approved Moderna’s coronavirus vaccine for emergency use. The vaccine – the second to be approved for use in the US after Pfizer and BioNTech – strengthens the US dose supply. The potentially life-saving shots are badly needed to fight the pandemic that left more than 300,000 Americans dead and hospitals overwhelmed.

With the FDA’s approval for the emergency on Friday, the federal government’s plan to distribute approximately 5.9 million doses of Moderna’s vaccine to 64 states, territories and major cities across the country next week will be approved.

“We’ll probably see gunshots in the arm early next week, I hope Monday or Tuesday,” said Dr. Anthony Fauci, director of the National Institute for Allergies and Infectious Diseases, on the “Today” show on Friday morning.

President Donald Trump said in a tweet: “Congratulations, the Moderna vaccine is now available!”

In addition to Moderna’s vaccine, the U.S. is planning to ship 2 million doses of Pfizer’s vaccine after 2.9 million doses were cleared for shipping this week, General Gustave Perna, who oversees logistics for the Operation Warp Speed ​​vaccination project, said Monday . Both vaccines require two doses three to four weeks apart. Moderna’s Covid vaccine is the first product to be approved by the FDA.

“With the availability of two vaccines to prevent COVID-19, the FDA has taken another crucial step in the fight against this global pandemic, which causes large numbers of hospitalizations and deaths in the US every day,” said FDA Commissioner Dr. Stephen Hahn said in a statement.

US officials hope to vaccinate at least 20 million Americans by the end of the year – mostly healthcare frontline workers and nursing home residents. The initial doses will be limited as production increases. Officials predict it will be months before everyone in the US who wants to be vaccinated is vaccinated. The Centers for Disease Control and Prevention has given states an overview recommending that health workers and nursing homes be prioritized. However, states may distribute the vaccine at their own discretion.

States are already reporting confusion about vaccination plans. In the past few days, state officials said they learned that their second shipment of Pfizer’s vaccine would be smaller than expected or delayed. In Florida, for example, Republican Governor Ron DeSantis said the federal government had told him the state would receive 205,000 Pfizer vaccine doses next week and 247,000 the following week. Those shipments are now on hold, DeSantis said at a press conference Tuesday, and it is unclear when they will arrive.

Moderna’s vaccine, like Pfizer’s, uses messenger RNA or mRNA technology. It’s a new approach to vaccines that uses genetic material to trigger an immune response. Late-stage clinical trial data released last month shows that Moderna Covid’s vaccine is more than 94% effective at preventing, safe and appearing to fight off serious diseases. For maximum effectiveness, the vaccine requires two doses four weeks apart.

The FDA has announced that it will approve a Covid-19 vaccine that is safe and at least 50% effective. In comparison, the flu vaccine generally reduces the risk of developing influenza by 40% to 60% compared to people who were not vaccinated, according to the CDC.

The FDA has approved Moderna’s vaccine for people aged 18 and over. Such authorization by the agency is not the same as a full authorization, which requires more data and can usually take several months longer. Moderna only submitted security data for two months. The agency typically takes six months for full approval and can revoke an EEA for a drug at any time if it doesn’t work as intended or if it proves unsafe. The FDA approved the emergency use of hydroxychloroquine to treat Covid-19 in March but revoked it in June after additional data showed it provided “no evidence of benefit” in coronavirus patients.

The FDA announcement comes after a key agency advisory body voted 20-0 with one abstention on Thursday to recommend the emergency vaccine. The Advisory Committee on Vaccines and Related Biological Products plays a key role in approving influenza and other vaccines in the United States and verifying that the vaccines are safe for public use. While the FDA does not need to follow the advisory board’s recommendation, it often does.

Prior to the vote, some committee members stressed their approval of Moderna’s vaccine was not in favor of full FDA approval, and reiterated that the agency needed to review more data on safety and efficacy.

During the meeting, outside medical experts asked the agency about allergic reactions reported in two Alaskan health workers who were taking Pfizer’s vaccine. Doran Fink, deputy director of the FDA’s vaccines and related product applications division, said the agency is looking into the problem.

“As we continue to examine and evaluate the data, we will consider whether additional recommendations need to be made,” he said. “Right now we don’t have enough data to make a definitive recommendation one way or another.”

Fatigue, headaches, and muscle aches are the most common side effects of Moderna’s vaccine, along with some rare symptoms such as persistent nausea or vomiting and facial swelling, which the FDA says are likely caused by the gunfire. Some side effects were tough to shake, although most were resolved within a week, the FDA said.

The FDA said while this isn’t necessarily a side effect, it does recommend monitoring people who receive Pfizer’s or Moderna’s vaccine shots for possible cases of Bell’s palsy, a condition that causes sudden freezing or weakness of facial muscles. The agency also found a higher prevalence of lymphadenopathy, a disease that can cause swollen or enlarged lymph nodes, in the vaccine group compared to the placebo groups in Pfizer and Moderna studies.

According to Moderna, the vaccine will stay stable for up to 30 days at 36 to 46 degrees Fahrenheit, the temperature of a normal household or medical refrigerator. It can be stored at minus 4 degrees Fahrenheit for up to six months. In comparison, Pfizer’s vaccine requires a storage temperature of minus 94 degrees Fahrenheit.

The federal government announced last week it would buy another 100 million doses of Moderna’s vaccine. The US reached an agreement with Moderna in August to purchase 100 million cans for about $ 1.5 billion. Moderna said it charged some customers $ 32 to $ 37 per dose for its vaccine at lower “pandemic prices” this month. The company said it was under discussion for larger volume agreements that will have a lower price.

– CNBC’s Noah Higgins-Dunn and Will Feuer contributed to this report.

Categories
World News

Covax, a world well being group, broadcasts vaccine offers to assist much less rich international locations.

Leaders of an international body promoting global access to coronavirus vaccines, known as Covax, announced on Friday that additional efforts were being made with manufacturers that would provide access to nearly two billion doses of vaccine candidates, more than that Half were intended to be shipped to low and middle income countries.

The aim of the effort is to ensure vaccination of a fifth of the population of the 190 participating countries and economies before the end of next year.

The new contracts cover vaccines that are still under study for efficacy and safety, one from AstraZeneca and the University of Oxford and one from Johnson & Johnson. As of the ongoing discussions, no agreements have been made to source the FDA-cleared BioNTech Pfizer vaccine, which is already being used in countries such as the US and the UK.

The international effort was led by the Gavi public-private health partnership, the Vaccine Alliance, the Coalition for Epidemic Preparedness Innovations, and the World Health Organization.

Friday’s announcement contained the news that a mechanism had been developed for countries with overdoses to share it.

Many high-income nations have agreements with multiple manufacturers that could result in significantly more doses than are required to vaccinate their entire population. Officials from Canada and France announced that they intend to contribute their additional doses via Covax, although they have not given a schedule or say whether they would vaccinate their entire population first.

France will “start exchanging vaccines as early as possible,” said Stephanie Seydoux, the country’s ambassador for global health, at a press conference.

  • In other developments around the world:

  • in the South AfricaScientists and health officials on Friday announced the discovery of a new line of coronavirus that is rapidly dominating virus samples tested in the country. The variant, named 501.V2, has also been associated with faster spread and higher viral load in swabs in a preliminary analysis. Scientists are studying it closely because the variant contains several changes in the part of the virus that allows it to attach to human cells, which is an important target for antibody therapies and vaccines.

  • in the Europe, In the run-up to Christmas there is a patchwork of guidelines across the continent as 500,000 people die. . Germany has put a strict lockdown on Christmas week, and the Netherlands and Italy will take stricter measures during the holidays. France and Spain have some restrictions but have opposed new national bans. In the UK, Prime Minister Boris Johnson has been criticized for lifting restrictions on Christmas gatherings despite the rise in new infections. The Regional Director of the World Health Organization, Dr. Hans Henri P. Kluge said in a statement on Friday that it is not now time for Europeans to ease restrictions.

  • As coronavirus cases and hospital stays in Sweden continue to rise, the government issued several new recommendations on Friday, including the use of face masks. “We have to do more now because the medical system is tense,” said Prime Minister Stefan Lofven. The new recommendations include a limit of four people per table in restaurants, cafes and bars, as well as a ban on selling alcohol after 8 p.m. Stores, shopping centers and gyms are asked to limit the number of customers further.

Categories
Business

Covid vaccinations ‘received’t be chaos,’ assures Walgreens govt

Rick Gates, senior vice president of pharmacy and healthcare at Walgreens, told CNBC that getting vaccines to the general public was “not a mess” as the FDA approved Moderna’s Covid-19 vaccine for emergency and plans got under way for the states to reach nearly 6 million doses by early next week.

“What you will see is that we will think very carefully about how we plan appointments, how we work with the communities we are in, in the states we are in, in priority populations to ensure that there won’t be long queues at pharmacy doors and that people will have safe, convenient and efficient ways to get vaccines, “said Gates.

Pfizer’s Covid-19 vaccine was launched in long-term care facilities on Friday, and Walgreens pharmacists gave many of those vaccinations. The federal government has agreements with Walgreens and other pharmacies, including CVS, to vaccinate millions of people across the country. In a Friday night interview with The News with Shepard Smith, Gates described how the organization’s pharmacists are trained to prepare them to effectively administer the Covid-19 vaccine.

“The safety protocol we gave our pharmacists to learn how to look for allergic reactions, how to make sure they monitor patients after vaccination, are all part of the normal process,” said Gates.

So far, according to publicly available data from 20 states, the United States has vaccinated at least 66,000 people, and that number is expected to increase dramatically as more states report their numbers. Gates acknowledged that there is a lot of organization involved in the vaccination process, but underlined that “Vaccines are what we do very consistently and that monitoring patients after a vaccine is a very common thing we do through flu shots, Shingrix or other vaccines think out there. “

Host Shepard Smith asked Gates how Walgreens would handle turning away people who come to their pharmacies to get vaccinated but are not part of a priority population. Gates said vaccines are planned in advance and not given a “walk-up” format like the flu shots. He added that Walgreens pharmacies across the country will be working with states and the Centers for Disease Control and Prevention to ensure those in need of vaccines get them. Gates added that there would also be reminders for people to get their second dose.

“For the community. We’ll have all sorts of reminders and phone calls if we have to, to make sure Americans know they need that second dose and the right time for that dose,” Gates said.

Categories
Health

A European Official Reveals a Secret: The U.S. Is Paying Extra for Coronavirus Vaccines

This is significantly lower than the company’s official price, which was announced at $ 19.50 per dose, which the US government has also paid. The Pfizer vaccine launch began this week in the United States.

The Moderna vaccine, which is the next to be approved for the EU on January 6 and is expected to receive emergency approval by the U.S. Food and Drug Administration on Friday, costs the EU $ 18 per dose, as the table shows. The company said it would charge $ 25 to $ 37 per dose. The US government was directly involved in funding the development of the Moderna vaccine and has signed a contract to pay around $ 15 per dose.

Covid19 vaccinations>

Answers to your vaccine questions

With a coronavirus vaccine spreading out of the US, here are answers to some questions you may be wondering about:

    • If I live in the US, when can I get the vaccine? While the exact order of vaccine recipients may vary from state to state, most doctors and residents of long-term care facilities will come first. If you want to understand how this decision is made, this article will help.
    • When can I get back to normal life after the vaccination? Life will only get back to normal once society as a whole receives adequate protection against the coronavirus. Once countries have approved a vaccine, they can only vaccinate a few percent of their citizens in the first few months. The unvaccinated majority remain susceptible to infection. A growing number of coronavirus vaccines show robust protection against disease. However, it is also possible that people spread the virus without knowing they are infected because they have mild symptoms or no symptoms at all. Scientists don’t yet know whether the vaccines will also block the transmission of the coronavirus. Even vaccinated people have to wear masks for the time being, avoid the crowds indoors and so on. Once enough people are vaccinated, it becomes very difficult for the coronavirus to find people at risk to become infected. Depending on how quickly we as a society achieve this goal, life could approach a normal state in autumn 2021.
    • Do I still have to wear a mask after the vaccination? Yeah, but not forever. Here’s why. The coronavirus vaccines are injected deep into the muscles and stimulate the immune system to produce antibodies. This seems to be sufficient protection to protect the vaccinated person from disease. What is not clear, however, is whether it is possible for the virus to bloom in the nose – and sneeze or exhale to infect others – even if antibodies have been mobilized elsewhere in the body to prevent that vaccinated person gets sick. The vaccine clinical trials were designed to determine if people who were vaccinated are protected from disease – not to find out if they can still spread the coronavirus. Based on studies of flu vaccines and even patients infected with Covid-19, researchers have reason to hope that people who are vaccinated will not spread the virus, but more research is needed. In the meantime, everyone – including those who have been vaccinated – must imagine themselves as possible silent shakers and continue to wear a mask. Read more here.
    • Will it hurt What are the side effects? The vaccine against Pfizer and BioNTech, like other typical vaccines, is delivered as a shot in the arm. The injection in your arm feels no different than any other vaccine, but the rate of short-lived side effects seems to be higher than with the flu shot. Tens of thousands of people have already received the vaccines, and none of them have reported serious health problems. The side effects, which can be similar to symptoms of Covid-19, last about a day and are more likely to occur after the second dose. Early reports from vaccine trials suggest that some people may need to take a day off because they feel lousy after receiving the second dose. In the Pfizer study, around half developed fatigue. Other side effects occurred in at least 25 to 33 percent of patients, sometimes more, including headache, chills, and muscle pain. While these experiences are not pleasant, they are a good sign that your own immune system is having a strong response to the vaccine that provides lasting immunity.
    • Will mRNA vaccines change my genes? No. Moderna and Pfizer vaccines use a genetic molecule to boost the immune system. This molecule, known as mRNA, is eventually destroyed by the body. The mRNA is packaged in an oily bubble that can fuse with a cell, allowing the molecule to slide inside. The cell uses the mRNA to make proteins from the coronavirus that can stimulate the immune system. At any given moment, each of our cells can contain hundreds of thousands of mRNA molecules that they produce to make their own proteins. As soon as these proteins are made, our cells use special enzymes to break down the mRNA. The mRNA molecules that our cells make can only survive a few minutes. The mRNA in vaccines is engineered to withstand the cell’s enzymes a little longer, so the cells can make extra viral proteins and trigger a stronger immune response. However, the mRNA can hold for a few days at most before it is destroyed.

Eric Mamer, a spokesman for the European Commission, declined to comment on the price list as the negotiated agreements were “kept confidential” but did not contest the pricing.

A spokeswoman for Ms De Bleeker said she tweeted the details to settle a political debate in Belgium in which opposition officials accuse the government of not providing enough money to buy the vaccines.

“We tried to be transparent, but it seems we were a little too transparent,” said Bavo De Mol, the spokesman.

Several health economists have found that the price of the vaccine itself – even if the US is paying more than Europe – is trivial compared to the economic cost of an ongoing pandemic. Just this week, Congress is preparing to approve payments of $ 600 to each American adult to cushion the blow of the pandemic-sparked recession, far more than the $ 39 per person required are to vaccinate adults at the higher Pfizer price.

“The cost of overpayment is so small compared to potential counterfactual factors,” said Benedic Ippolito, an American Enterprise Institute-based researcher who studies drug prices. “It’s like a shrug when our price is a little higher. This is a one-time pandemic and we will deal with the drug price situation later. “

Categories
Business

F.D.A. Clears Moderna’s Covid Vaccine

The Food and Drug Administration on Friday authorized the coronavirus vaccine made by Moderna for emergency use, allowing the shipment of millions more doses across the nation and intensifying the debate over who will be next in line to get inoculated.

The move will make Moderna’s vaccine the second to reach the American public, after the one by Pfizer and BioNTech, which was authorized just one week ago.

The F.D.A.’s decision sets the stage for a weekend spectacle of trucks rolling out as expert committees begin a new round of discussions weighing whether the next wave of vaccinations should go to essential workers, or to people 65 and older, and people with conditions that increase their risk of becoming severely ill from Covid-19.

Jockeying for the next shots in January and February has already begun, even though there is still not enough of the two vaccines for all the health care workers and nursing home staff members and residents given first priority. Uber drivers, restaurant employees, morticians and barbers are among those lobbying states to include them in the next round along with those in the more traditional categories of the nation’s 80 million essential workers, like teachers and bus drivers.

The rapid progress from lab to human trials to public inoculation has been almost revolutionary, spurred by the nation’s urgent need to blunt the pandemic that has broken record after record in U.S. deaths, hospitalizations and economic losses. In the last week alone, there has been an average of 213,165 cases per day, an increase of 18 percent from the average two weeks earlier. And the daily death toll in recent days has surpassed 3,200.

Dr. Anthony S. Fauci, the nation’s top infectious disease expert, called the advent of two vaccines “an historic moment.”

“This to me is a triumph of multiyear investment in biomedical research that culminated in something that was not only done in record time, in the sense of never before has anybody even imagined you would get vaccines to people in less than a year from the time that the sequence was made known,” Dr. Fauci said.

“This is an example of government working. It worked really well,” he added.

Moderna, a company based in Cambridge, Mass., worked with Dr. Fauci’s agency at the National Institutes of Health to create a vaccine that, along with Pfizer-BioNTech’s, shepherds in a new technology based on genetic material called messenger RNA or mRNA. In clinical trials in tens of thousands of volunteers, the vaccines proved 94 to 95 percent effective. Each requires two shots.

Both products are reaching an anxious public before vaccines made with traditional approaches, and have become even more critical as other companies’ efforts have faltered in recent months.

The emergency authorization kicks off a swift and complex drive to distribute some 5.9 million doses of the Moderna vaccine around the country, with shipping to begin on Sunday and deliveries starting on Monday. The first Moderna vaccinations could then be given hours later.

Because Moderna’s vaccine, unlike Pfizer-BioNTech’s, does not need extreme-cold storage and is delivered in smaller batches, states are hoping to provide it to less populated areas, reaching rural hospitals, local health departments and community health centers that were not at the top of the distribution list.

Three places that did not receive the Pfizer-BioNTech vaccine — the Marshall Islands, Micronesia and Palau — will receive the Moderna vaccine for that reason, according to a federal health official familiar with the government’s distribution plans.

And in contrast to Pfizer’s rollout last week, the Moderna vaccine deliveries will be managed by the federal government under the funding of Operation Warp Speed, the administration’s program to develop and distribute vaccines as fast as possible.

Supplies of a second vaccine cannot come soon enough. Several governors and state health officials said on Friday that they were dismayed to learn they would be getting less of the Pfizer-BioNTech vaccine next week than the federal government had promised.

Dr. Mark Levine, commissioner of the Vermont Department of Health, said in a Friday briefing: “All my colleagues in the region are reporting a 25 to 35 percent decrease in their allocation for next week. As we were walking in, I learned as many as 975 doses out of an expected 5,850 doses would not be coming in when we expected. That doesn’t mean we won’t be getting all of those doses. It just means they won’t be coming in when we expected.”

He added, “What everyone around the country is upset about, in addition to just the number, is there’s been no communication, so there’s no understanding of what this really means.”

Covid-19 Vaccines ›

Answers to Your Vaccine Questions

With distribution of a coronavirus vaccine beginning in the U.S., here are answers to some questions you may be wondering about:

    • If I live in the U.S., when can I get the vaccine? While the exact order of vaccine recipients may vary by state, most will likely put medical workers and residents of long-term care facilities first. If you want to understand how this decision is getting made, this article will help.
    • When can I return to normal life after being vaccinated? Life will return to normal only when society as a whole gains enough protection against the coronavirus. Once countries authorize a vaccine, they’ll only be able to vaccinate a few percent of their citizens at most in the first couple months. The unvaccinated majority will still remain vulnerable to getting infected. A growing number of coronavirus vaccines are showing robust protection against becoming sick. But it’s also possible for people to spread the virus without even knowing they’re infected because they experience only mild symptoms or none at all. Scientists don’t yet know if the vaccines also block the transmission of the coronavirus. So for the time being, even vaccinated people will need to wear masks, avoid indoor crowds, and so on. Once enough people get vaccinated, it will become very difficult for the coronavirus to find vulnerable people to infect. Depending on how quickly we as a society achieve that goal, life might start approaching something like normal by the fall 2021.
    • If I’ve been vaccinated, do I still need to wear a mask? Yes, but not forever. Here’s why. The coronavirus vaccines are injected deep into the muscles and stimulate the immune system to produce antibodies. This appears to be enough protection to keep the vaccinated person from getting ill. But what’s not clear is whether it’s possible for the virus to bloom in the nose — and be sneezed or breathed out to infect others — even as antibodies elsewhere in the body have mobilized to prevent the vaccinated person from getting sick. The vaccine clinical trials were designed to determine whether vaccinated people are protected from illness — not to find out whether they could still spread the coronavirus. Based on studies of flu vaccine and even patients infected with Covid-19, researchers have reason to be hopeful that vaccinated people won’t spread the virus, but more research is needed. In the meantime, everyone — even vaccinated people — will need to think of themselves as possible silent spreaders and keep wearing a mask. Read more here.
    • Will it hurt? What are the side effects? The Pfizer and BioNTech vaccine is delivered as a shot in the arm, like other typical vaccines. The injection into your arm won’t feel different than any other vaccine, but the rate of short-lived side effects does appear higher than a flu shot. Tens of thousands of people have already received the vaccines, and none of them have reported any serious health problems. The side effects, which can resemble the symptoms of Covid-19, last about a day and appear more likely after the second dose. Early reports from vaccine trials suggest some people might need to take a day off from work because they feel lousy after receiving the second dose. In the Pfizer study, about half developed fatigue. Other side effects occurred in at least 25 to 33 percent of patients, sometimes more, including headaches, chills and muscle pain. While these experiences aren’t pleasant, they are a good sign that your own immune system is mounting a potent response to the vaccine that will provide long-lasting immunity.
    • Will mRNA vaccines change my genes? No. The vaccines from Moderna and Pfizer use a genetic molecule to prime the immune system. That molecule, known as mRNA, is eventually destroyed by the body. The mRNA is packaged in an oily bubble that can fuse to a cell, allowing the molecule to slip in. The cell uses the mRNA to make proteins from the coronavirus, which can stimulate the immune system. At any moment, each of our cells may contain hundreds of thousands of mRNA molecules, which they produce in order to make proteins of their own. Once those proteins are made, our cells then shred the mRNA with special enzymes. The mRNA molecules our cells make can only survive a matter of minutes. The mRNA in vaccines is engineered to withstand the cell’s enzymes a bit longer, so that the cells can make extra virus proteins and prompt a stronger immune response. But the mRNA can only last for a few days at most before they are destroyed.

Gov. Charlie Baker of Massachusetts said on Friday, “We’re certainly frustrated,” referring to the reduced number of Pfizer-BioNTech doses his state would receive next week — 42,900 instead of 59,000. Demand for the vaccine is high.

“So far, hospitals are reporting overwhelming acceptance from doctors, nurses and other workers who are eligible to be vaccinated,” he said.

Pointing out how hard hit Wisconsin has been, Gov. Tony Evers complained that the state was receiving significantly less of the Pfizer-BioNTech vaccine than it had been promised — 35,100 doses instead of 49,725. In a statement on Friday, he said, “We call on the federal government to send us more vaccine without delay.”

Because Moderna’s vaccine requires two doses, federal officials are holding another 5.9 million doses for shipment four weeks after the first wave, as the doses are spaced a month apart. The federal government also plans to reserve more than 500,000 doses in case of problems with the initial shipment.

Officials expect to inform states next week the number of doses they plan to send in the second wave of shipments.

The emergency authorization Friday was the product of an F.D.A. review process that compressed an extraordinary amount of work into weeks, and occurred at the same time regulators were poring over materials for the Pfizer-BioNTech vaccine.

The overlap led to a grueling schedule for the reviewers. Large teams organized into specialties — epidemiology, statistics and manufacturing among them — and reviewed Moderna’s application day and night once the company submitted its data in late November.

Among the review’s components were teams that examined company production facilities and clinical trial sites to affirm that records corresponded to the materials Moderna had submitted to federal regulators.

The F.D.A.’s advisory panel also had to consider new information — reports of severe allergic reactions, two in Britain and two in the United States, in people who received the Pfizer-BioNTech vaccine after it was authorized. Although that vaccine is not identical to Moderna’s, they are similar. The agency and the Centers for Disease Control and Prevention are investigating the cases, but say the vaccines can be safely administered to most people who have allergies, with careful monitoring.

The F.D.A.’s authorization also represented a capstone to a sprawling government-led effort that began in January, when scientists at the National Institutes of Health and Moderna designed the vaccine within two days of China’s releasing the genetic sequence of the new virus.

The company had never brought a product to market, giving it an underdog status as its vaccine was tested on the same timetable as Pfizer-BioNTech’s. Moderna enjoyed an unusually intimate relationship with Operation Warp Speed, which has monitored its supply on an almost hourly basis this year. The company benefited from nearly $2.5 billion in federal funds used to buy raw materials, expand its factory and enlarge its work force by 50 percent.

Public health experts and federal officials still estimate that it will be at least six months, if not longer, before most Americans can be vaccinated. And that depends on whether other vaccines in trials are successful and receive emergency approval.

The federal government is counting on building supplies from vaccines under development by several others — one from Johnson & Johnson, one from Sanofi of France and GlaxoSmithKline of Britain, and another from the British-Swedish drug maker AstraZeneca and the University of Oxford.

On Saturday and Sunday, experts advising the C.D.C. will take up Moderna’s vaccine and ultimately vote on the next tiers of people who should get the vaccines. The committee vote on Sunday will most likely set off a frenzy of difficult decision-making at the state level that could be further complicated by bumps in the vaccine production process.

Behind the scenes is McKesson, based in Irving, Texas, one of the country’s largest distributors of drugs and medical supplies. The company has a long history of distributing vaccines and is the largest distributor of the seasonal flu vaccine in the United States.

McKesson also played a central role in the opioid epidemic and is part of a group of companies closing in on a potential $26 billion settlement with state and local governments.

The company will be the main distributor of the Moderna vaccine. Pfizer-BioNTech itself is distributing its vaccine, which needs to be kept at minus 94 degrees Fahrenheit.

McKesson is also producing kits that include the supplies needed to administer both vaccines.

McKesson is assembling the kits at two of its distribution centers, one near Louisville, Ky., a major hub for UPS, and another near Memphis, where FedEx is based.

While McKesson has its own fleet of trucks, it is largely relying on FedEx and UPS to ship the kits and vaccines.

Each kit includes needles, syringes, alcohol prep pads, face shields and surgical masks, administration sheets for health care providers, and vaccination record and reminder cards for patients.

McKesson has outfitted at least two of its distribution centers with specially designed, 10,000-square-foot freezers designed to store millions of doses of the Moderna vaccine. Altogether, McKesson has added more than 3.3 million square feet of space to manage the project.

When the time comes to send the Moderna doses out, McKesson will pack the doses into coolers it sourced from Cold Chain Technologies, a company in Franklin, Mass. Those coolers will be packed with coolant packs, and then sent to administration sites via FedEx and UPS. The coolers also contain monitoring devices that indicate whether the vaccines ever got too warm.

McKesson has hired more than 1,000 people to help with the effort, and expects to hire up more than 2,500 more in the months ahead.

David Gelles, Katherine J. Wu, Sharon LaFraniere and Reed Epstein contributed reporting.

Categories
Politics

Congress Clears Two-Day Spending Extension to Finalize Stimulus Deal

The negotiators worked until Friday evening to finalize the key details of the business cycle compromise, continue negotiations on how long unemployment benefits should last, how federal aid to small businesses should be distributed, and extend a federal eviction moratorium. The plan should revitalize the Paycheck Protection Program, a loan program for small businesses in trouble.

Since Republicans insisted on keeping the total cost of the measure below $ 1 trillion, it was significantly less than the $ 2.2 trillion stimulus bill passed in March when the consequences of the pandemic were just becoming clear. It fell well short of the scope of recovery action most economists believe is necessary and will guarantee that Mr Biden will have to quickly tackle another rescue package, which he has already signaled will be his first priority.

The stimulus payments of $ 600 and weekly unemployment benefits of $ 300 per week were half the amounts approved at the time.

In the Senate, Senators Josh Hawley, Republican of Missouri, and Bernie Sanders, regardless of Vermont, made renewed attempts to approve US $ 1,200 direct payments to Americans.

New York Senator Chuck Schumer, the Democratic leader, also endorsed efforts to send out another round of $ 1,200 in direct payments.

Wisconsin Republican Senator Ron Johnson blocked both attempts, calling it “a shotgun approach” on Friday and criticizing broader efforts to send another round of taxpayers’ money to prop up the stuttering economy.

“We are not going to have learned the lessons of our very urgent, very urgent, very massive previous aid packages,” Mr Johnson said in the Senate. “We’re just going to make more of it, another trillion dollars.”

The coverage was contributed by Jeanna Smialek, Nicholas Fandos, Luke Broadwater and Jim Tankersley.

Categories
Entertainment

Barbara Windsor, Beloved British TV and Movie Star, Dies at 83

LONDON – Barbara Windsor, a star of the “Carry On” films and long-running BBC soap opera “EastEnders”, whose dirty staccato laugh and ability to embody the life of the working class brought her to the collective memory of Britain, died on December 10th in a nursing home here. She was 83 years old.

Her death was announced in a statement from her husband and sole immediate survivor, Scott Mitchell, who said the cause was Alzheimer’s disease.

As a sign of the impact Ms. Windsor has had on Britain’s cultural life over the past six decades, royal family members have been among those paying tribute on social media, as has Prime Minister Boris Johnson, who wrote on Twitter that Ms. Windsor was “Cheered the world up with her own British brand of harmless cheek and innocent scandals.”

Ms. Windsor also made an impact in the United States, if only briefly, when she appeared on Broadway in 1964 in “Oh! What a fine war, ”Joan Littlewood’s music hall-style show that used disrespectful World War I songs to mock the absurdity of conflict.

Some American theatergoers may have found Ms. Windsor’s Cockney accent difficult to understand – one of her earliest films, “Sparrow’s Can’t Sing,” which was subtitled at some screenings in New York – but she won a Tony Award for Best Performance nominated actress in a musical.

In 1970 she told a BBC interviewer that she really wanted to do a movie in Hollywood, preferably a comedy with Jack Lemmon. “That would be great, wouldn’t it?” She said. She did not achieve that particular ambition but was soon immortalized in British cinemas thanks to her roles in the quirky, allusive and hugely successful “Carry On” films.

She later became even better known for her role as the matriarchal landlady Peggy Mitchell in “EastEnders,” a character she repeatedly portrayed from 1994 to 2016. She stopped when her Alzheimer’s disease made it impossible to continue.

Ms. Windsor was born Barbara Ann Deeks on August 6, 1937 in Shoreditch, then part of the working class in East London. Her father, John, a bus driver, and mother, Rose, a seamstress, had a tumultuous marriage, and by age 15, Ms. Windsor had to testify about their disputes in a divorce negotiation.

As a child during World War II, she was evacuated to Blackpool, a seaside resort in northern England. There, in her 2001 autobiography, All About Me: My Extraordinary Life, she revealed that she first stayed with a family that tried to sexually abuse her before moving in with a friend whose mother sent them both to dance classes. The mother was so impressed with her talent that she wrote a letter to Ms. Windsor’s parents asking them to go to London to teach them. “She’s a real show,” reads the letter Ms. Windsor recalled in the 1970 BBC interview.

Back in London, Ms. Windsor was discovered by a talent agent trying to cast her in a pantomime, the particularly British form of theater popular at Christmas, but her school refused to give her time off. She eventually went to drama school, where teachers repeatedly tried – and failed – to get her to lose her accent.

Despite the promise Ms. Windsor made, her break didn’t come until 1960 when she traveled to East London to audition for a role in Ms. Littlewood’s theatrical workshop, a company whose works often brought the life and humor of the working class to the stage. The recognition she received for her work there soon led to appearances on television and then in film, where she was hailed for her hackneyed roles in the “Carry On” comedies.

In these films, the camera often focused on the short (4-foot-11) but buxom Ms. Windsor’s figure. She is probably best remembered for a scene in “Carry On Camping” (1969) where her bikini top flies off during an outdoor aerobics class (an assistant peeled the top off with a fishing line during filming). This clip has since been shown several times on British television.

Although Ms. Windsor succeeded on screen, her personal life was in trouble. She had connections with a number of famous men, including soccer player George Best and East London gangsters Reggie and Charlie Kray. In 1964 she married Ronnie Knight, another gangster who was tried in 1980 for ordering a killer to murder his brother’s killer (he was acquitted), and in 1983 she married £ 6 million (more than £ 17 million or so) had stolen $ 23 million in today’s money) from a security deposit and fled to Spain.

Her relationship with Mr. Knight caused a nervous breakdown, she told the BBC in a 1990 interview. This marriage and a subsequent marriage ended in divorce.

Her life picked up again in the 1990s after she starred as Peggy Mitchell in EastEnders, the popular sink soap opera, whose storylines often reflected social themes.

She quickly became one of the stars of the show, known for beating her co-stars when the plot called for a climatic moment and for storylines that could be far darker than anything you could find in a “carry on” – Movie would find. (In 2010, one of her character’s sons burned the pub down in the middle of a crack cocaine binge.)

In the 1990s, her figure had breast cancer twice and had a mastectomy. This act prompted hundreds of viewers to write to the BBC to thank them for how sensitive they were with the subject. In 2016, when she last appeared on the series, her character killed himself because her cancer had returned.

Whatever happened to Ms. Windsor on-screen or off-screen, she never lost the joy of performing.

“I don’t think negatively,” she told the BBC in 1990 when asked how she would look back on her life. “I’m going to single out all of the wonderful things that happened and how happy I was paid – paid! – for something that I absolutely adored. “

Categories
Business

Nike (NKE) stories Q2 fiscal 2021 earnings, gross sales beat

Nike reported quarterly sales and earnings on Friday that exceeded analyst estimates. This is due to triple-digit online growth in North America and strong Chinese consumer demand for sneakers and workout clothing.

Due to the pandemic, costs could be reduced as less marketing spending was made at sporting events. The lower costs increased profitability. Strong sales during Alibaba’s Single’s Day in China and Black Friday in the US helped it kick off the holiday season with stock shortages, reducing the need for discounts.

“These are the times when strong brands are getting stronger,” said CEO John Donahoe during a conference call on the results. “Constant changes in the direction of digital, sporty clothing as well as health and wellness continue to offer us incredible opportunities.”

Its stocks jumped more than 4% in trade outside of business hours.

Here’s how the company performed in the second quarter of the fiscal year compared to analyst expectations based on refinitive data:

  • Earnings per share: 78 cents versus 62 cents, expected
  • Revenue: $ 11.24 billion versus $ 10.56 billion expected

For the three-month period ended November 30, Nike reported net income of $ 1.25 billion, or 78 cents per share, compared to $ 1.12 billion, or 70 cents per share, last year. Analysts had demanded a profit of 68 cents per share.

Revenue increased 9% year over year to $ 11.24 billion from $ 10.33 billion last year. That was better than what analysts had expected to be $ 10.56 billion.

According to Nike, digital sales for its eponymous brand rose 84% in the quarter as more shoppers visited the site to purchase sportswear and shoes to help maintain their fitness routines and personal health during the pandemic. This has helped to compensate for declines in wholesale partners and in the company’s own brick and mortar stores, as the global health crisis made fewer people feel good when they left their homes to shop.

Sales for the Converse brand, owned by Nike, declined 1% in the second quarter. According to Nike, thanks to the introduction of yoga and plus sizes, the women’s category has grown faster than business as a whole.

In Greater China, Nike sales grew 24%, compared to just 1% year-over-year growth in North America.

With domestic turf sales stagnating, Nike has doubled in the Chinese market, viewing the region as a key growth opportunity for the brand. Over the summer, a new type of store called Nike Rise opened in a mall in Guangzhou, hosting local meetups for mobile app users.

According to Nike, more than 4 million new customers bought their products during Singles Day, a shopping event hosted by Chinese e-commerce giant Alibaba. Overall, Nike achieved online sales of over half a billion dollars on Singles Day on November 11th.

The retailer also said it had “record” sales online during the week of Black Friday in the US but did not disclose the amount.

Nike stands alongside Lululemon, Dick’s Sporting Goods, and other retailers selling exercise gear and exercise equipment that have recovered faster this year. Other clothing retailers, especially those that deal with workwear and dresses, have problems.

Still, pedestrian traffic in stores in North America, Europe, and Latin America is down year-over-year due to social distancing measures. However, customers who venture into stores are more likely to buy, which increases conversion rates. Ninety percent of the stores are open, but some have reduced hours.

At the close of the market on Friday, Nike shares were up more than 37% this year. The company has a market capitalization of $ 215.5 billion.

The full press release on Nike’s earnings can be found here.

Categories
Health

HHS releases sweeping new report on U.S. Covid outbreak in transfer towards transparency

The Department of Health and Human Services released a comprehensive new report on the state of the U.S. Covid-19 outbreak on Friday, releasing data previously only available to government employees.

The new “Community Profile Report” uses data collected by various agencies, including the Centers for Disease Control and Prevention, and the HHS Protection System to show the severity of the outbreak in different states and even counties. The first report shows that 35 states are “red,” indicating a major outbreak.

The report also names “selected high-exposure areas” where the number of new cases is increasing rapidly along with the percentage of positive tests. For example, Nashville, Tennessee, Tulsa, Oklahoma, and Somerset, Pennsylvania are high-pollution areas in the first report.

The report also identifies “Rapid Riser Counties” and displays several heatmaps that contain various statistics that are used to determine how bad the local outbreak is in counties across the country. It records, among other things, the death rates, the percentage of positive tests and hospital admissions in Covid.

It is the most comprehensive picture of the US outbreak released by the federal government about nine months after the virus spread across the country. It is a reminder that such data was withheld from the public for months while it was distributed among federal and some state officials.

Jose Arrieta, who served as the chief information officer for HHS when the government launched HHS Protect, the agency’s Covid-19 hospital data warehouse, said the new report was “certainly a step in the right direction” toward transparency. Arrieta resigned in August.

“A number of agency staff, including myself when I was there, pushed for transparency,” he said in a telephone interview on Friday. “I appreciate the fact that the data is being shared.”

Dr. Janis Orlowski, Chief Health Care Officer of the Association of American Medical Colleges, is a member of the working group for White House Health Advisor Dr. Deborah Birx, on improving HHS protection. She said she and other members had been pushing for more data to be released over the past few weeks.

“We pushed for transparency, transparency, transparency … and they are doing a good job,” she said. “I like that it’s transparent and that epidemiologists and other people can look at it and say that’s fine, but it would really be better if we knew X, Y or Z.”

HHS spokeswoman Katie McKeogh said in a statement to CNBC that at least some of the data is in one form or another in scattered reports, but this new report brings it all together.

“As you know, there are different reporting processes at the local, state and state levels, and it has taken time and effort to build consistency between these systems to present the data as you see it today,” she said in a statement opposite CNBC. “This report has been extremely valuable to the federal response and we hope it will be helpful to state and local health departments, hospitals, businesses and the public as well.”

Much of the data in the report has been distributed to governors and state officials by the White House coronavirus task force to guide local Covid-19 strategy. Many of the reports, which in public statements often paint a worse picture of the outbreak than federal officials, were received from reporters.

The new public reports are a major step towards transparency in a federal response that is largely characterized by its opaque data collection.

“We hope that making this data public will help Americans make personal choices to slow the spread,” a group of federal officials who campaigned for the report said in a statement titled “Our data is yours Data”. The group includes Heather Strosnider, Co-Head of Integrated Surveillance at CDC, Kelly Bennett, Co-Head of Integrated Surveillance in the Assistant Secretary’s Office for Preparedness and Response, Amy Gleason of US Digital Service and Kevin Duvall, Assistant Head of Data Officer at HHS .

“HHS believes in the power of open data and transparency,” they wrote. “Publicly publishing the reports that our own response teams use and using the information by others outside of the federal response will only make the data better.”

A federal conflict over data transparency began this summer when the CDC’s data infrastructure proved inadequate to meet the requirements of the Covid pandemic. For example, federal officials needed daily data on the number of Covid patients in each hospital in order to be able to make potentially life-saving decisions about the allocation of scarce resources.

Instead of working on a quick overhaul of the CDC system, HHS rolled out a new data collection system called HHS Protect this summer with the help of federal companies, including Palantir. While many in the public health sector recognized the limitations of the CDC’s data collection system, some saw it as a move by the Trump administration to phase out the CDC amid a crisis.

Orlowski said the detail of the new public report is a demonstration of what HHS Protect is capable of and a testament to the progress the U.S. has made in collecting public health data during the pandemic.

“Never waste a crisis,” said Orlowski. “As long as we don’t increase the burden on the hospital, I believe we must continue to do so.”

Categories
World News

Dow falls greater than 100 factors as lawmakers battle to seal last-minute stimulus deal

Stocks slid from record highs in volatile trading on Friday as lawmakers struggled to bridge disparities on additional measures to stimulate the coronavirus.

The Dow Jones Industrial Average fell 124.32 points, or 0.4%, to 30,179.05. At its session low, the 30-stock benchmark lost more than 270 points. The S&P 500 fell 0.4% or 13.07 points to 3,709.41 while the Nasdaq Composite lost 0.1% or 9.11 points to 12,755.64. All three indices hit new intraday highs earlier in the day after the records close in the previous session.

Leaders on Capitol Hill said they were on the verge of an agreement that would provide $ 900 billion in additional aid. The month-long talks are about to begin, and federal funds will run out on Saturday at 12:01 a.m. ET.

Senate Majority Leader Mitch McConnell, R-Ky., Said Friday that negotiations “remain productive”. “In fact, I am even more optimistic now than last night that a bipartisan, bicameral framework for a major bailout is very close,” he added.

House Majority Leader Steny Hoyer, D-Md., Said that afternoon that the Chamber would be on hiatus until 5 p.m. while leaders of Congress try to get a “clearer picture” of how to move forward. He urged representatives to keep Friday evenings, Saturday and Sunday free.

Last-minute disputes preventing Congress from passing an aid agreement include direct payments, small business loans and an increase in unemployment insurance.

Big volume

The stock market saw massive volume on Friday as Tesla’s historic entry into the S&P 500 will be based on close of trading prices. There has been a rush of activity on the final bell and the S&P 500 will start trading with Tesla as a member on Monday.

With a market cap of more than $ 600 billion after rallying 700% this year, the electric car maker is named the 7th largest company in the index.

Tesla is added to the benchmark in one fell swoop, marking the biggest realignment of the S&P 500 in history. It is estimated that passive funds tracking the S&P 500 will need to buy more than $ 85 billion of Tesla, while $ 85 billion of the rest of the index will need to be sold to make room for it.

Tesla shares rose up to 4%, hitting an all-time high on Friday before closing just 0.4% higher. More than 181 million shares of Tesla changed hands, quadrupling the average 30-day volume.

Several large exchange-traded funds such as Invesco QQQ Trust (QQQ), which mirrors the Nasdaq 100, are being rebalanced alongside the S&P 500 Friday.

Meanwhile, Tesla’s inclusion coincides with a quarterly event known as Quadruple Sorcery, when options and futures expire on indices and stocks. Many expect Friday to be one of the busiest trading days of the year.

Winner Week

The main averages posted gains for the week despite Friday’s weakness. The Dow was up 0.4% for the week. while the S&P 500 was up 1.3% in its fourth positive week in five years. The tech-heavy Nasdaq outperformed the week, up 3.1%.

Shares rose earlier this week on optimism about a stimulus deal and the launch of the vaccine. On Thursday evening, Food and Drug Administration advisors overwhelmingly backed Moderna’s Covid vaccine, a major step towards FDA approval for public distribution. The first vaccinations in the US were given on Monday with the vaccine from Pfizer and BioNTech.

Investors are betting that an increase in Covid cases and disappointing economic data would force lawmakers to cement a new aid package. Unemployment claims reached their highest level since early September last week, while retail sales fell more than expected in November.

“The bad news this week is that the third wave is worsening and the economic damage from the pandemic continues to worsen,” said Brad McMillan, chief investment officer at Commonwealth Financial Network. “The good news is that policymakers are starting to contain the virus and the federal government is likely to put in place a stimulus package that will mitigate both of the main risk factors.”

McMillan said investors should expect higher volatility in the short term amid developments in the stimulus and vaccines space before the economy returns to growth in 2021. “With vaccines now available and rampant, we are at the end of the start of the pandemic and the markets are realizing that,” he added.

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