CORONA Moderna Stock Slides After CEO Says Current Vaccines Will Struggle Against Omicron

[Intestinal Fortitude]

Moderna CEO Says Current Vaccines Likely to Struggle Against Omicron Variant

Moderna CEO Stephane Bancel predicts a 'material drop' in the effectiveness of current vaccines against the Omicron variant.

www.barrons.com

Moderna Stock Slides After CEO Says Current Vaccines Will Struggle Against Omicron


By
Callum Keown
Updated Nov. 30, 2021 8:33 am ET / Original Nov. 30, 2021 4:28 am ET

Stéphane Bancel, chief executive officer of Moderna.
Adam Glanzman/Bloomberg

Moderna ‘s CEO predicted a “material drop” in the effectiveness of current vaccines against the Omicron variant and warned it could take months for drug companies to manufacture the new jabs at scale. Moderna stock was sliding.

Stéphane Bancel said the spread of the variant in South Africa, coupled with the high number of mutations, suggested existing vaccines may need to be modified next year.
The comments, in an interview with the Financial Times, appeared to send markets lower in late Asian trading. The negative sentiment quickly spread to European markets and U.S. stock futures. Futures for the Dow Jones Industrial Average were down around 500 points.

“There is no world, I think, where [the effectiveness] is the same level… we had with Delta,” he was quoted as saying.

“I think it’s going to be a material drop. I just don’t know how much because we need to wait for the data. But all scientists I’ve talked to … are like ‘this is not going to be good.’”

Moderna (ticker: MRNA) stock dropped more than 7% in early trading Tuesday. Shares jumped nearly 12% Monday after the drugmaker’s chief medical officer said a reformulated vaccine to tackle Omicron could be ready in early 2022. The stock gained 21% on Friday after Moderna said it was working to rapidly advance an Omicron-specific booster candidate, targeting 60 to 90 days for clinical testing to begin.

Write to Callum Keown at callum.keown@dowjones.com

 

[thompson]

 

[Dozdoats]

For components of the status quo, there can be no bad news.

 

[Blacknarwhal]

Which makes zero sense.

1. How do they KNOW? It showed up like two days ago.
2. Why would they assume this? There are already signs this is weaker than any other variant out yet.

 

[bw]

Wow, sure is a good thing the new variant is trivial, huh?

 

[amarilla]

Does anyone else think the President of Moderna in the original post has a Steven Hawkings pose?
Also, great, they change the formula. Who knows what they will put in it this time.

 

[mecoastie]

Buy now. When the new vaxx come online and everyone is required a weekly dose it will go thru the roof.

 

[Tristan]

Hell, I thought they were already 'struggling' against Alpha, Beta, Delta, ...

 

[Tristan]

Does anyone else think the President of Moderna in the original post has a Steven Hawkings pose?
Also, great, they change the formula. Who knows what they will put in it this time.

Did they ever disclose what was in their original formula? I read references that it was a Trade Secret...

 

[Double_A]

Which makes zero sense.

1. How do they KNOW? It showed up like two days ago.
2. Why would they assume this? There are already signs this is weaker than any other variant out yet.

It's been around for longer than that apparently as many Docs are saying they've seen the symptoms in patients but there was no name for it weeks ago.

Yep every first hand report I've read, say it is mild symptoms.

 

[Double_A]

Did they ever disclose what was in their original formula? I read references that it was a Trade Secret...

Bill Gates in a video described his Vax as an Operating System for Humans. Once you get their injection (Initial Installation) all they need to do is install upgrades. So the Operating System just needs a data file that describes the RNA of the new malady. Billy Boy made it sound simple and without issue.

 

[bw]

Billy Boy made it sound simple and without issue.

Like Windows. Load and go, no worries. Oh wait, better load the new version, THEN no worries. Oh, wait ...

 

[Mary Contrary]

Moderna CEO Says Current Vaccines Likely to Struggle Against Omicron Variant

Moderna CEO Stephane Bancel predicts a 'material drop' in the effectiveness of current vaccines against the Omicron variant.

www.barrons.com

Moderna Stock Slides After CEO Says Current Vaccines Will Struggle Against Omicron


By
Callum Keown
Updated Nov. 30, 2021 8:33 am ET / Original Nov. 30, 2021 4:28 am ET

Stéphane Bancel, chief executive officer of Moderna.
Adam Glanzman/Bloomberg

Moderna ‘s CEO predicted a “material drop” in the effectiveness of current vaccines against the Omicron variant and warned it could take months for drug companies to manufacture the new jabs at scale. Moderna stock was sliding.

Stéphane Bancel said the spread of the variant in South Africa, coupled with the high number of mutations, suggested existing vaccines may need to be modified next year.
The comments, in an interview with the Financial Times, appeared to send markets lower in late Asian trading. The negative sentiment quickly spread to European markets and U.S. stock futures. Futures for the Dow Jones Industrial Average were down around 500 points.

“There is no world, I think, where [the effectiveness] is the same level… we had with Delta,” he was quoted as saying.

“I think it’s going to be a material drop. I just don’t know how much because we need to wait for the data. But all scientists I’ve talked to … are like ‘this is not going to be good.’”

Moderna (ticker: MRNA) stock dropped more than 7% in early trading Tuesday. Shares jumped nearly 12% Monday after the drugmaker’s chief medical officer said a reformulated vaccine to tackle Omicron could be ready in early 2022. The stock gained 21% on Friday after Moderna said it was working to rapidly advance an Omicron-specific booster candidate, targeting 60 to 90 days for clinical testing to begin.

Write to Callum Keown at callum.keown@dowjones.com

So now now that would make FOUR shots including this last booster? Wow is all I can say. It's never gonna end I bet.

 

[Mary Contrary]

Buy now. When the new vaxx come online and everyone is required a weekly dose it will go thru the roof.

That's not a bad idea for those who have money.

 

[Double_A]

So now now that would make FOUR shots including this last booster? Wow is all I can say. It's never gonna end I bet.

They said after the third, how many more? The answer was, as many variants as the Greek Alphabet

 

[Mary Contrary]

They said after the third, how many more? The answer was, as many variants as the Greek Alphabet

OMG. Those poor guinea pigs.

 

[Samuel Adams]

It’s a vaxx “side” effect, is my bet.

Incidentally, just watched “Canadian Prepper”, and he has yet to figure out that 90%+/- of the real problems currently are vaxx-induced.

First vid I saw of his was really good and intuitive, later ones far more average.

Just sayin’.

 

[Double_A]

The problem is the original CV19 was not as effective in killing people off as projected. After consideration the answer was to make the Vax deadly and kill off the population with the Vax. Well that didn't work quite as well as hoped, so every variant that comes out you will have to have another booster. In this case the variant seems to be less threatening so they are going to have to jack up the fear level some how... on look now is the most deadly CV on earth, bullshit.

China wants America's land for farming. They don't want or need us. China will bring in their own people to control farming in America. Rejoice in the fact that they can't nuke us, that would destroy their intentions to grow their food on our soil.

China evaluated the planet years ago for Lebensraum, my understanding is only two places on earth suited the Chinese needs, Australia and continental United States. We see what's going on in Australia.

After everything is done, the former USA will be pollution free, free of 330million people and their cars and growing food for Commie Chinese mouths, because we suppose to be dead from Gov Vax's designed with the intent to kill us all, then turn everything over to China. (The Dems flaw is they've been told if they do all this they will be in-charge. The Dems have been suckered by China).

 

[bassaholic]

They said after the third, how many more? The answer was, as many variants as the Greek Alphabet

This is answered on their website...never ending updates are in the works with hundreds of scientists and engineers working on it.

Our Operating System
Recognizing the broad potential of mRNA science, we set out to create an mRNA technology platform that functions very much like an operating system on a computer. It is designed so that it can plug and play interchangeably with different programs. In our case, the "program” or “app” is our mRNA drug - the unique mRNA sequence that codes for a protein.

We have a dedicated team of several hundred scientists and engineers solely focused on advancing Moderna's platform technology. They are organized around key disciplines and work in an integrated fashion to advance knowledge surrounding mRNA science and solve for challenges that are unique to mRNA drug development. Some of these disciplines include mRNA biology, chemistry, formulation & delivery, bioinformatics and protein engineering.

Science of mRNA - Moderna

At Moderna, we are using mRNA to help the body make its own medicines.

www.modernatx.com

 

[Blacknarwhal]

Does anyone else think the President of Moderna in the original post has a Steven Hawkings pose?
Also, great, they change the formula. Who knows what they will put in it this time.

What, was the original not killing fast enough?