News

COVID-19 Vaccine

Pfizer and Moderna Boosters Provide 'Significant Increase' in Protection From Omicron Variant: Study

Reuters | Equities.com |

Getting a third dose of either Pfizer-BioNTech's (PFE) or Moderna's (MRNA) COVID-19 vaccine offers a "significant increase" in protection against the Omicron variant in elderly people, according to a Danish study published on Wednesday.

The study, which is not yet peer-reviewed, investigated the effectiveness of COVID-19 vaccines that use so-called mRNA technology against the Delta variant and the new, more infectious Omicron variant.


COVID-19 Deaths Hit 800,000 in US as Nation Prepares for Another Surge

Reuters | Equities.com |

The United States on Sunday reached 800,000 coronavirus-related deaths, according to a Reuters tally, as the nation braces for a potential surge in infections due to more time spent indoors with colder weather and the highly transmissible Omicron variant of the virus.

The milestone means the U.S. death toll from this one virus now exceeds the entire population of North Dakota.


Vaccine Stocks Soar Amid Omicron-Related Volatility

Reuters | Equities.com |

The emergence of a worrisome coronavirus variant is benefiting shares of vaccine makers Moderna Inc (MRNA), BioNTech (BNTX) and Pfizer (PFE) as investors search for winning bets in markets roiled by uncertainty in recent days.

Moderna shares have jumped 28% since last week when the variant, named Omicron, triggered global alarm. Shares of vaccine partners Pfizer and BioNtech have also climbed over that time, with Pfizer up 6% and U.S. shares of BioNTech jumping 15%, in contrast to a decline in the S&P 500 of 2.5%.


Samsung Vice Chair Lee in US To Finalize $17 Billion Chip Plant Site, Meet With Moderna on Vaccines

Kimberly Redmond | Equities.com |

Samsung Electronics Co vice president Jay Y. Lee has embarked on a high-profile business trip to the US to finalize the company’s plant to build a $17 billion semiconductor plant and discuss COVID-19 vaccines with Moderna Inc. 

Reuters reported that Samsung’s decision on where it will locate its new plant with coincide with Lee’s trip, which kicked off Sunday. https://www.reuters.com/business/samsungs-lee-visits-us-ahead-likely-17-bln-chip-plant-decision...


Workers at Companies With at Least 100 People Must Be Vaccinated By January 4 or Get Weekly Tests

AP News | Equities.com |

Tens of millions of Americans who work at companies with 100 or more employees will need to be fully vaccinated against COVID-19 by Jan. 4 or get tested for the virus weekly under government rules issued Thursday.

The new requirements are the Biden administration’s boldest move yet to persuade reluctant Americans to finally get a vaccine that has been widely available for months -- or face financial consequences. If successful, administration officials believe it will go a long way toward ending a pandemic that has killed more than 750,000 Americans.


Moderna Cuts COVID-19 Vaccine Sales Forecast; Shares Plunge 16%

Reuters | Equities.com |

Moderna Inc (MRNA) on Thursday slashed the 2021 sales forecast for its COVID-19 vaccine by as much as $5 billion, as it struggles to fill vials and distribute them around the world, sending its shares down nearly 15% before the opening bell.

Moderna executives said production challenges now lie with bottling up doses, also known as fill and finish, and ramping up infrastructure to deliver them internationally, rather than production of raw material.


FDA Expands Booster Dose Usage Authorization for COVID-19 Vaccines

Kimberly Redmond | Equities.com |

The US Food and Drug Administration (FDA) signed off Wednesday on extending COVID-19 boosters to the millions of Americans who received the Moderna Inc (Nasdaq: MRNA) or Johnson & Johnson (NYSE: JNJ) vaccines and said anyone eligible for an extra shot can mix and match doses from different drug providers.

Specifically, regulators amended the emergency use authorizations to permit a half dose of Moderna’s vaccine as a booster shot for seniors and others at high risk from the virus six months after their last shot.


United Airlines To Expand December Schedule to 3,500 Daily Domestic Flights

Kimberly Redmond | Equities.com |

United Airlines Inc (NYSE: UAL) announced Thursday plans to ramp up its December schedule to 3,500 domestic flights per day, the most its flown in the US since the COVID-19 pandemic began.

In anticipation of a strong holiday travel season, the Chicago-based carrier said it will boost its schedule on popular winter routes, particularly warm weather destinations and ski hot spots.


Pfizer-BioNTech Ask FDA to Authorize COVID-19 Vaccine for Children 5 to 11

Kimberly Redmond | Equities.com |

Pfizer Inc (NYSE: PFE) and BioNTech SE (Nasdaq: BNTX) announced Thursday they have asked the US Food and Drug Administration (FDA) to expand their COVID-19 vaccine’s emergency use authorization to cover children ages five to 11.

If authorized, this would be the first coronavirus vaccine authorized for younger children. Currently, the Pfizer-BioNTech shots are only approved in the US for people ages 16 and up and in the EU for people ages 12 to 15.


CDC Endorses COVID-19 Vaccine Booster Shots for Millions of Older and Vulnerable Individuals

AP News | Equities.com |

The Centers for Disease Control and Prevention on Thursday endorsed booster shots for millions of older or otherwise vulnerable Americans, opening a major new phase in the U.S vaccination drive against COVID-19.

CDC Director Dr. Rochelle Walensky signed off on a series of recommendations from a panel of advisers late Thursday.


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