Connect with us

Hi, what are you looking for?

World

Moderna boss says vaccines likely no match for Omicron: FT

Existing Covid-19 jabs will struggle against the Omicron variant and it will take months to develop a new shot that works.

Image: © AFP
Image: © AFP

Existing Covid-19 jabs will struggle against the Omicron variant and it will take months to develop a new shot that works, the head of US vaccine manufacturer Moderna has told the Financial Times.

Stephane Bancel told the newspaper in an interview published Tuesday that data would be available on the effectiveness of current vaccines in the next two weeks but scientists were not optimistic.

“All the scientists I’ve talked to … are like ‘this is not going to be good’,” he told the newspaper.

Bancel’s warning came as G7 health ministers held emergency talks on the new variant, which is spreading around the world and prompting nations to close their borders once again or impose fresh travel restrictions.

The World Health Organization has called the risk from Omicron “very high”.

Bancel said researchers were concerned because 32 of 50 mutations found in the Omicron variant were on the spike protein, a part of the virus that vaccines use to bolster the immune system against Covid.

He told the FT there would be a “material drop” in the effectiveness of current jabs against Omicron.

Moderna has already said it is working on an Omicron-specific vaccine, as is US drugmaker Pfizer.

Chief executive Bancel said his company could deliver between two billion and three billion doses in 2022 but it would be dangerous to shift all production to an Omicron-specific shot with other strains of the virus still in circulation.

His more alarming tone contrasts with efforts by politicians to project calm regarding Omicron.

US President Joe Biden said Monday the strain was “not a cause for panic”.

AFP
Written By

With 2,400 staff representing 100 different nationalities, AFP covers the world as a leading global news agency. AFP provides fast, comprehensive and verified coverage of the issues affecting our daily lives.

You may also like:

Business

AI is being linked to a spate of job losses across the world.

Business

Adobe Express has explored how freelancers design business assets, the challenges they face, and what consumers notice and value most in strong branding.

Entertainment

Which winners of the BBC show The Apprentice have been the most successful? All is revealed.

Business

Oil prices soared and stocks sank as Iran struck two tankers in Iraq and threatened to bring down the global economy.