CureVac CEO Warns Vaccine Hoarding Could Limit mRNA Shots
(Bloomberg) -- Vaccine nationalism could undermine efforts to produce more Covid-19 shots from novel messenger-RNA technology because the supply chain includes elements that are already scarce, according to CureVac NV's chief executive officer.
Components needed for making genetic material in the vaccines -- along with the lipid nanoparticles that surround it -- are currently difficult to source in large volumes, since the mRNA industry was so small before the pandemic. Suddenly, companies including Pfizer Inc., BioNTech SE and Moderna Inc. are looking to produce billions of doses of mRNA Covid shots.
“There has been no big mRNA manufacturing so far, because it was not needed,” CureVac CEO Franz-Werner Haas, said in an interview with Bloomberg TV. “Now we're talking about big quantities.”
The proliferation of mutated strains of the coronavirus -- which some Covid shots have found harder to stop -- has increased the urgency to scale up vaccinations and produce next-generation vaccines that afford better protection.
CureVac has joined forces with GlaxoSmithKline Plc to create a next-generation Covid mRNA shot that could help protect against multiple variants of the pathogen, and it's extended a partnership with Bayer AG to allow the German pharma giant to produce CureVac's vaccine.
Meanwhile, AstraZeneca and the University of Oxford announced plans Wednesday to have a next-generation Covid shot available by the fall, in time for the next round of immunizations that may be required before winter
CureVac expects to publish data from the advanced trial of its first-generation mRNA vaccine candidate in late March, with approvals possible in April, Haas said. There will be data from the study concerning how effective CureVac's shot is at handling the mutations, he said.
©2021 Bloomberg L.P.
-
The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.
-
Medicine Pricing: Where Must Profit Stop?
India must confront excessive margins, hidden incentives and regulatory gaps that threaten the integrity of medicine.
-
Why Amazon And Flipkart Are Struggling To Beat Meesho In India's Smaller Cities
With 274 million users and lowest-cost logistics, Meesho is defending its value commerce crown against giants like Amazon and Flipkart.
-
High US Salaries, No Green Card Certainty: The Financial Calculation Facing Indian H-1B Families
The suspension of PERM processing at eight technology employers does not cancel existing H-1B visas. What it does is force a question many Indian families have been avoiding: is the US salary worth tying your career and family plans to one employer?
-
Swiggy vs Eternal: Food Delivery's Two Rivals Are No Longer In The Same Race
Eternal is building a private AI assistant, dark.ai. Swiggy is still working out how to make Instamart pay, with an operating loss of Rs 895 crore in the July-September quarter while Blinkit stayed profitable.
-
Where You Live Shapes How You Get To Work | The Reason Why
Two-wheelers are the most popular way to get to work in India, accounting for nearly 43% of workplace commutes.
-
Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
-
Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
-
India Exports Capital. Why Not Export Trusteeship?
The big question, then, is whether India can build an institution that global borrowers, investors, banks, and lawyers can trust, even without an Indian connection.
-
France's Economy & Politics Are In Crisis | The Reason Why
Let's look at how the French economy and politics evolved under Nicolas Sarkozy, Franois Hollande and Emmanuel Macron.