U.S.
Moderna Says Its COVID-19 Vaccine is 94.5% Effective. It Could Also Solve Pfizer’s Storage Problem.
Published
2 years agoon
By
Cory Ray
- On Monday, the biotech company Moderna released preliminary data that, so far, shows a 94.5% effectiveness rate in its COVID-19 vaccine candidate.
- The news comes a week after Pfizer and BioNTech announced a 90% effectiveness rate in their joint vaccine.
- While this is undoubtedly hopeful news and could indicate success for other vaccine candidates, several questions have not yet been answered.
- For instance, it is unknown how long either vaccine provides immunity, how effective they are at preventing asymptomatic cases, and if they are as effective among older people.
- Still, Moderna’s vaccine has one major advantage over Pfizer’s vaccine since it’s able to be stored at regular fridge temperatures, as opposed to an ultra-cold negative 94 degrees Fahrenheit.
Moderna Announces Its Vaccine Is 94.5% Effective
Moderna released preliminary data on its COVID-19 vaccine candidate on Monday, which it now says is 94.5% effective.
That announcement comes one week after Pfizer and its partner BioNTech released similar data that showed their joint vaccine is more than 90% effective. It also comes as the United States logged a single-day record of 180,000 new cases on Friday and has now crossed 11 million confirmed cases since January.
Moderna’s trial, now in its late stages, involves 30,000 people. Of that, half were given two doses of the vaccine, and the other half were given placebo injections.
So far, in total, 95 people in the study have contracted COVID-19. That’s where the 94.5% figure comes in, because of those 95, only five cases have come from people who were given the vaccine.
On top of that, while 11 of those 95 cases have been severe, Moderna said all 11 came solely from the placebo group.
Moderna’s Vaccine Solves a Key Problem
Moderna and Pfizer’s vaccines are very similar. Both use genetic material known as mRNA to target a protein on the surface of the coronavirus. Thus, given Pfizer’s announcement last week, it had been expected that Moderna would soon follow up with its own promising results.
To note, both Moderna and Pfizer’s vaccine efficacy rates can change as the last little bit of data pours in, but if they hold up and if this data stands up among reviewers, it would blow expectations out of the water. While anyone would hope for the best possible vaccine, realistically, the U.S. Food and Drug Administration has been ready to approve — at minimum — a vaccine that is only 50% effective.
It’s also too soon to begin comparing which of these vaccines has better efficacy. In fact, Moderna CEO Stéphane Bancel told Business Insider that it would be “naive” to compare Pfizer’s 90% efficacy with Moderna’s 94.5% efficacy.
That’s because there’s still a host of unknowns. For example, it is still unclear for either vaccine how long immunity will last. It’s also possible that immunity could differ between age groups, as some vaccines are less effective in older people.
It’s also unknown how effective the vaccines are at stopping asymptomatic infections and thus, the spread of the virus. For example, it’s possible that the vaccines could confer enough immunity to keep an infected individual from becoming symptomatic; however, that person could still run the risk of spreading the virus.
Still, Moderna’s vaccine does have one key advantage over Pfizer, so much so that if both vaccines do end up having near the same level of effectiveness, Moderna could still edge out Pfizer as the more viable vaccine.
That’s because Pfizer’s vaccine must be shipped at negative 94 degrees Fahrenheit — meaning it needs dry ice and special containers. From, there it is able to be stored at normal fridge temperatures (36 to 48 degrees Fahrenheit) for up to five days.
Meanwhile, Moderna’s vaccine candidate can be shipped and stored at normal fridge temperatures for up to 30 days.
What’s Next for Moderna?
Both Pfizer and Moderna plan to apply for emergency-use authorization later this month. Still, it is unclear how long it’ll take for the FDA to make a decision on whether to approve these vaccines.
If and when these vaccines are approved, they are going to be very limited. Very likely, the first vaccines are going to be reserved for people who are more at risk of contracting COVID-19. That includes people who have underlying conditions, as well as healthcare workers.
As far as when these vaccines could become widely available, Bancel suspects that’ll happen somewhere around Memorial Day, which will fall on May 31 next year.
By the end of next year, Moderna hopes to have a billion doses available — enough to vaccinate 500 million people around the world. That’s on top of the 1.3 billion doses Pfizer and its partner BioNTech hope to have by the end of next year.
To properly put an end to the pandemic, there will need to be more than just one safe and effective vaccine. Simply put, one company’s vaccine isn’t going to be able to vaccinate the whole world.
Just as Pfizer’s data boded well for Moderna, Monday’s news could also bode well for Johnson & Johnson, as well as Astrazeneca. Both companies have vaccine candidates that are in late-stage trials, and while they don’t use mRNA, both of their vaccines target the same protein that Pfizer and Moderna are targeting.
See what others are saying: (Business Insider) (BBC) (Reuters)
U.S.
After Uvalde, Politicians, Public Figures, Gun Violence Survivors, and More Call For Change
Published
3 days agoon
May 25, 2022
“When are we going to do something?” Golden State Warriors Coach Steve Kerr asked during an emotional plea at a press conference.
Uvalde Shooting Kills 21 People
Democratic politicians, activists, and many others are calling for gun reform in the United States after 19 children and two teachers were killed in a Tuesday shooting at Robb Hill Elementary School in Uvalde, Texas.
The 18-year-old suspected gunman was reportedly killed by officers. The massacre marks the 27th school shooting of 2022, according to Education Week.
It also comes just a week and a half after 10 people were killed in a shooting in Buffalo, New York, and another shooting in a Southern California church left one person dead and several others injured.
Sen. Chris Murphy (D-Ct.) spoke fervently on the Senate floor Tuesday, slamming his colleagues for refusing to pass gun control legislation that could prevent future shootings.
“What are we doing?” he asked of his fellow lawmakers. “Why do you spend all this time running for the United States Senate? Why do you through all the hassle of getting this job, of putting yourself in a position of authority, if your answer is, as the slaughter increases, as kids run for their lives, we do nothing? What are we doing?
“Why are you here if not to solve a problem as existential as this?” he continued. “This isn’t inevitable. These kids weren’t unlucky. This only happens in this country.”
“And it is a choice. It is our choice.”
President Joe Biden likewise urged action by supporting the now-expired assault weapons ban.
We know common sense gun laws can’t and won’t prevent every tragedy. But we know they work and have a positive impact.
— President Biden (@POTUS) May 25, 2022
When we passed the assault weapons ban — mass shootings went down.
When the law expired — mass shootings tripled.
“We can do more. We must do more,” he added.
Public Figures And Shooting Survivors Speak Out
The demands for change spread far past political figures. Golden State Warriors coach Steve Kerr took time out of a pre-game press conference to passionately plead for common-sense gun control. He specifically called on Senators to vote on H.R. 8, a background check bill previously passed in the House.
“When are we going to do something?” Kerr asked while slamming his hands on the table.
“I ask you, Mitch McConnell, I ask all of you senators who refuse to do anything about the violence and school shootings and supermarket shootings. I ask you: Are you going to put your own desire for power ahead of the lives of our children and our elderly and our churchgoers?” Kerr continued. “Because that’s what it looks like.”
He went on to say that Americans, who largely support background checks, are “being held hostage by 50 Senators who refuse to even put it to a vote.”
Grammy Award-winning musician Taylor Swift shared his message, adding that she is filled with “rage and grief” not just from the shootings, but by “the ways in which we, as a nation, have become conditioned to unfathomable and unbearable heartbreak.”
Filled with rage and grief, and so broken by the murders in Uvalde. By Buffalo, Laguna Woods and so many others. By the ways in which we, as a nation, have become conditioned to unfathomable and unbearable heartbreak. Steve’s words ring so true and cut so deep. https://t.co/Rb5uwSTxty
— Taylor Swift (@taylorswift13) May 25, 2022
“It doesn’t have to be this way,” tweeted David Hogg, an activist and survivor of the 2018 school shooting in Parkland, Florida. “The way we will make this time different is by Americans on both sides of the aisle collaborating on what we can agree on to get something done even if small. Kids are dying we have to do something.”
It doesn’t have to be this way.
— David Hogg 🌻 (@davidhogg111) May 25, 2022
The way we will make this time different is by Americans on both sides of the aisle collaborating on what we can agree on to get something done even if small. Kids are dying we have to do something.
This is a choice. Make this time different. https://t.co/1JyKObtYG2
Manuel Oliver, the father of one of the children lost in the Parkland shooting, slammed the inaction of politicians in an interview on CBS News.
“The families don’t need your freaking hearts,” Oliver said. “They need their kids, and the kids are not there anymore. So I feel very angry and offended and I just don’t understand how come a whole society doesn’t wake up.”
People impacted by the 2012 Sandy Hook shooting also spoke out, including Mary Ann Jacob, who worked as a librarian at the school during the shooting.
“I’m so sorry those deaths did not change our world,” Jacob wrote.
#Uvalde I’m sick at what you are going through today. I am transported back to the firehouse that we were brought to after the shooting at our school almost 10 years ago. I’m so sorry those deaths did not change our world. #SandyHook I’m broken hearted.
— Mary Ann Jacob (@Mary_AnnJacob) May 24, 2022
Texas-based figures felt especially compelled to stand up as the tragedy hit so close to home. Academy Award-winning actor Matthew McConaughey, whose hometown is Uvalde, wrote a message on social media asking Americans to “take a longer and deeper look in the mirror and ask ourselves, ‘What is it that we truly value?’”
“We have tragically proven that we are failing to be responsible for the rights our freedoms grant us,” McConaughey wrote.
Uvalde, Texas, USA. pic.twitter.com/0iULRGtREm
— Matthew McConaughey (@McConaughey) May 25, 2022
“Action must be taken so that no parent has to experience what the parents in Uvalde and the others before them have endured.”
Fellow Texas native Selena Gomez also took to social media to argue for action.
“If children aren’t safe at school where are they safe? It’s so frustrating and I’m not sure what to say anymore,” the “Only Murders in the Building” star wrote on her Instagram story. “Those in power need to stop giving lip service and actually change the laws to prevent these shootings in the future.”
We make it a point to not include the names and pictures of those who may have been seeking attention or infamy and will not link out to websites that might contain such information.
U.S.
Lawmakers Call For Action as Oil Companies Post Record Profits Amid Rising Gas Prices
Published
5 days agoon
May 23, 2022By
Lili Stenn
A recent analysis from the Center for American Progress found that the top five oil companies earned over 300% more in profits during the first quarter of 2022 than the same period last year.
As Consumer Prices Climb, Big Oil Profits
American oil companies are facing increased scrutiny over profiteering practices as gas prices continue to surpass record highs driven by Russia’s ongoing war in Ukraine.
Last week, costs surged to above $4 per gallon in all 50 states for the first time ever, according to the auto club AAA. Prices are currently averaging over $4.59 per gallon nationwide, which is 50% higher than they were this time last year.
In addition to consumers hurting at the pump, there are also rising concerns for industries that rely on fuel and oil like trucking, freight, airlines, and plastic manufacturers.
To account for high prices, some in sectors have responded by ramping up prices further down the supply chain to account for costs, putting even more of a burden on consumers to pay for everyday items.
But as Americans struggle with sky-high gas prices at a time of record inflation, recently released earnings reports show that many of the world’s largest oil companies thrived in the first quarter of 2022.
ExxonMobil more than doubled its earnings from the same period last year, reporting a net profit of $5.5 billion. Meanwhile, Chevron logged its best quarterly earnings in almost a decade, and Shell had its highest earnings ever.
According to a new analysis conducted by the Center for American Progress, the top five oil companies — including the three mentioned above — earned over 300% more in profits this quarter than during the same time last year.
“In fact, these five companies’ first-quarter profits alone are equivalent to almost 28 percent of what Americans spent to fill up their gas tanks in the same time period,” the report noted.
Per Insider, for at least four of those companies, that growth marks a tremendous increase in profits from even before the pandemic.
Lawmakers Ramp-Up Efforts to Reduce Prices
To address these startling disparities, federal lawmakers have moved in recent weeks to increase pressure on oil companies and take steps to lower prices.
On Thursday, the House of Representatives passed a bill proposed by Rep. Katie Porter (D-Ca.) that aims to reduce gas prices. The legislation, called The Consumer Fuel Price Gouging Prevention Act, would give the president the authority to issue an Energy Emergency Declaration that would be effective for up to 30 days with the possibility of being renewed.
In that emergency period, it would be illegal for anyone to increase gas or home energy fuel prices to a level that is exploitative or “unconscionably excessive.”
The proposal would also give the Federal Trade Commission the power to investigate and manage instances of price gouging from larger companies and give state authorities the ability to enforce price-gouging violations in civil courts.
The bill, which has already seen widespread opposition from Republicans and extensive lobbying from pro-oil interest groups, faces an uphill battle in the 50-50 split Senate.
During debate on the act Thursday, Rep. Porter delivered an impassioned speech accusing oil companies of driving their record profits by using their market power to unfairly increase prices.
“The oil and gas industry currently has more than 9,000 permits to drill for oil on federal land, but they are deliberately keeping production low to please their investors and increase their short-term profits,” she said. “Even when the price of crude oil falls, oil and gas companies have refused to pass those savings on to consumers.”
“Let me be clear: price gouging is anti-capitalist,” Porter continued. “It exploits a lack of competition, which is a hallmark of capitalism. It is an effort to juice corporate profits at the expense of customers. Energy markets are reeling because of Russia’s invasion of Ukraine. Big oil companies, however, are using this temporary chaos to cover up their abuse.”
See what others are saying: (The Washington Post) (Vox) (NPR)
U.S.
Lincoln College to Close for Good After COVID and Ransomware Attack Ruin Finances
Published
3 weeks agoon
May 10, 2022By
Chris Tolve
Last year, 1,043 schools in the U.S. were the victim of ransomware attacks, including 26 colleges or universities, according to an analysis by Emsisoft.
One of the Only Historically Black Colleges in the Midwest Goes Down
After 157 years of educating mostly Black students in Illinois, Lincoln College will close its doors for good on Friday.
The college made the announcement last month, citing financial troubles caused by the coronavirus pandemic and a ransomware attack in December.
Enrollment dropped during the pandemic and the administration had to make costly investments in technology and campus safety measures, according to a statement from the school.
A shrinking endowment put additional pressure on the college’s budget.
The ransomware attack, which the college has said originated from Iran, thwarted admissions activities and hindered access to all institutional data. Systems for recruitment, retention, and fundraising were completely inoperable at a time when the administration needed them most.
In March, the college paid the ransom, which it has said amounted to less than $100,000. But according to Lincoln’s statement, subsequent projections showed enrollment shortfalls so significant the college would need a transformational donation or partnership to make it beyond the present semester.
The college put out a request for $50 million in a last-ditch effort to save itself, but no one came forward to provide it.
A GoFundMe aiming to raise $20 million for the college only collected $2,452 as of Tuesday.
Students and Employees Give a Bittersweet Goodbye
“The loss of history, careers, and a community of students and alumni is immense,” David Gerlach, the college’s president, said in a statement.
Lincoln counts nearly 1,000 enrolled students, and those who did not graduate this spring will leave the institution without degrees.
Gerlach has said that 22 colleges have worked with Lincoln to accept the remaining students, including their credits, tuition prices, and residency requirements.
“I was shocked and saddened by that news because of me being a freshman, so now I have to find someplace for me to go,” one student told WMBD News after the closure was announced.
When a group of students confronted Gerlach at his office about the closure, he responded with an emotional speech.
“I have been fighting hard to save this place,” he said. “But resources are resources. We’ve done everything we possibly could.”
On April 30, alumni were invited back to the campus to revisit the highlights of their college years before the institution closed.
On Saturday, the college held its final graduation ceremony, where over 200 students accepted their diplomas and Quentin Brackenridge performed the Lincoln Alma Mater.
Last year, 1,043 schools in the U.S. were the victim of ransomware attacks, including 26 colleges or universities, according to an analysis by Emsisoft.
See what others are saying: (The New York Times) (Herald Review) (CNN)

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