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Risk sentiment has soured this morning, on the back of the Moderna CEO’s comments:

Moderna’s Stéphane Bancel also said that efficacy data indicating how the existing vaccines perform against the Omicron variant should become available within two weeks.

“[Moderna] and Pfizer cannot get a billion doses next week. The maths doesn’t work. But could we get the billion doses out by the summer? Sure,” said Bancel, who predicted Moderna could make a total of 2bn-3bn doses in 2022.

But he said it would be risky to shift Moderna’s entire production capacity to an Omicron-targeted jab at a time when other variants are still in circulation.

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Source: Business – The Guardian

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