Warning: ‘Corona pandemic may be until 2024’, vaccine company expresses concern amid growing pace of Omicron

News Desk, Amar Ujala, New Delhi

Published by: Sanjeev Kumar Jha
Updated Saturday, 18 December 2021 08:28 AM IST

Summary

The whole world is worried about the new variant of the corona virus, Omicron. Along with US President Joe Biden, G-7 health ministers have also expressed concern and called on the world to work together to fight it.

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Amid the growing speed of the new variant Omicron in many countries around the world, vaccine manufacturer Corona has warned that the epidemic could continue until the year 2024. The reference to Pfizer came after the Omicron variant emerged last month, which contains 50 more mutations than the original version of the virus. This reduced the effectiveness of the two-dose vaccine against the infection and raised fears of a rapid global outbreak.

At a presentation to investors, Michael Dolston, Pfizer’s chief scientific officer, said the company expects the coronavirus epidemic to continue in some areas for the next year or two. During this time, the infection spreads to other countries. Dolstein said the company expects the epidemic to spread worldwide by 2024. Its speed depends on the effectiveness of vaccines and treatments, he said. He said the pace of vaccination should be increased in areas where there is less vaccination.

Prior to the arrival of the Omicron variant, top US pathologist Anthony Fowzie predicted the pandemic would end in 2022 in the United States. However, given the increasing speed of the new variant, this prediction does not seem to be proving to be wrong.

Pfizer pill Paxlovid is more effective
Pfizer also contained an experimental antiviral pill called Paxlovid, which reduced hospitalization and mortality in high-risk individuals by up to 90 percent in clinical trials. According to Refinitiv’s IBES data, three analysts estimate sales of $ 15 billion to $ 25 billion next year. US company Pfizer has developed its own COVID-19 vaccine with Germany’s BioNtech SE, which is expected to generate $ 31 billion in revenue by next year. It plans to make four billion shots next year.

Range

Amid the growing speed of the new variant Omicron in many countries around the world, vaccine manufacturer Corona has warned that the epidemic could continue until the year 2024. The reference to Pfizer came after the Omicron variant emerged last month, which contains 50 more mutations than the original version of the virus. This reduced the effectiveness of the two-dose vaccine against the infection and raised fears of a rapid global outbreak.

At a presentation to investors, Michael Dolston, Pfizer’s chief scientific officer, said the company expects the coronavirus epidemic to continue in some areas for the next year or two. During this time, the infection spreads to other countries. Dolstein said the company predicts that the pandemic will spread worldwide by 2024. He said its speed depends on the effectiveness of vaccines and treatments. He said the pace of vaccination should be increased in areas where there is less vaccination.

Prior to the arrival of the Omicron variant, top US pathologist Anthony Fowzie predicted the pandemic would end in 2022 in the United States. However, given the increasing speed of the new variant, this prediction does not seem to be proving to be wrong.

Pfizer pill Paxlovid is more effective

Pfizer also contained an experimental antiviral pill called Paxlovid, which reduced hospitalization and mortality in high-risk individuals by up to 90 percent in clinical trials. According to Refinitiv’s IBES data, three analysts estimate sales of $ 15 billion to $ 25 billion next year. US company Pfizer has developed its own COVID-19 vaccine with Germany’s BioNtech SE, which is expected to generate $ 31 billion in revenue by next year. It plans to make four billion shots next year.

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