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Stocks surge as 2 coronavirus vaccines granted ‘fast-track’ status

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President Trump discusses the importance of funding police departments, the presumptive Democratic nominee Joe Biden’s lack of leadership, coronavirus, the Supreme Court’s decision on his tax returns and his second-term agenda. U.S. equity markets rallied Monday as two COVID-19 vaccines were given “fast-track” status and earnings season kicked off with some better-than-expected results. Continue Reading BelowPfizer Inc. and BioNTech SE received fast-track designation for two of their experimental COVID-19 vaccines, helping offset news that the number of new daily COVID-19 infections in the U.S. remained above 60,000 all weekend. Despite the daily case count surging to a record high, the number of new deaths totaled 482 on Sunday, or just 18 percent of the 2,701 peak in May. TickerSecurityLastChangeChange %PFEPFIZER INC.35.32+1.49+4.42%BNTXBIONTECH77.91+7.55+10.73%The Dow Jones Industrial Average gained as many as 301 points, or 1.16 percent, while the S&P 500 and the Nasdaq Composite were higher by 0.94 percent and 1.28 percent, respectively. The early advance had the Nasdaq on track for a 28th record close this year.TickerSecurityLastChangeChange %I:DJIDOW JONES AVERAGES26406.87+331.57+1.27%SP500S&P 5003213.9+28.86+0.91%I:COMPNASDAQ COMPOSITE INDEX10751.488438+134.05+1.26%Looking at earnings, PepsiCo Inc. reported results that outpaced Wall Street expectations for both earnings and revenue. The company reported sales slid 3.1 percent from a year …

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The people who say they’re not boarding an airplane until there’s a Covid-19 vaccine

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(CNN) — With airlines introducing new measures like face masks and intensive sanitization routines to reassure passengers, people have been cautiously returning to air travel even while the coronavirus pandemic continues to spread around the world. But for some, the notion of climbing aboard an airplane now or in the near future, remains unthinkable. Nothing that airlines, government officials or fellow travelers can say will convince them to step on board. CNN spoke to some of these self-grounded travelers to find out their biggest concerns about air travel at the moment and what it would take to get them back above 30,000 feet.For Chris Trinh, a 41-year-old father of four based in Minnesota, the decision to stay off airplanes is partly because of his kids — his youngest child is only 10 months old and he says he’d be worried about her crawling on the aisle. It’s also, he says, because he feels that no matter how careful he is, he can’t guarantee others will be similarly conscientious.”It’s hard to trust other people,” he tells CNN. Trinh’s wife is Japanese, and the family usually spend extended vacations in Japan over the summer months. This is the first year they’ll be staying …

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Why a coronavirus vaccine won’t end the pandemic by itself

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A vaccine may not be enough to end the coronavirus pandemic and restore society to some semblance of normalcy, according to doctors and researchers who say effective treatments for COVID-19 are equally important.

While many parts of public life, from crowded stadiums to San Francisco’s beloved cable cars, are on hold until the threat posed by the virus abates, a vaccine alone will likely not allow those functions to resume. And even if scientists find a vaccine that works and is safe, it may take a long time to reach everyone who needs it.

In the meantime, millions of people will continue to become ill with the coronavirus. So researchers across the globe are racing to find drugs that can keep more people alive and out of the hospital — and any one of those treatments may ultimately work just as well as a vaccine.

“I’d much rather put my money on the drugs rather than the vaccine for now,” said Dr. Lee Riley, an infectious-disease expert at UC Berkeley’s School of Public Health.

A drug could function similarly to a vaccine if it can prevent people from transmitting the virus in addition to improving their symptoms, Riley …

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Pfizer, BioNTech stocks surge after COVID-19 vaccine candidates get Fast Track designation

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Shares of Pfizer Inc.
PFE,
+1.10%
rallied 2.3% and of BioNTech SE
BNTX,
+7.24%
jumped 5.3% in premarket trading Monday, after the companies said two of their vaccine candidates to protect against the virus that causes COVID-19 received Fast Track designation status from the Food and Drug Administration. Fast Track is a process to expedite the review of new drugs and facilitate development of new drugs. Pfizer’s and BioNTech’s BNT162b1 and BNT162b2 are currently being evaluated in Phase 1/2 clinical studies in the U.S. and Germany. “The FDA’s decision to grant these two COVID-19 vaccine candidates Fast Track designation signifies an important milestone in the efforts to develop a safe and effective vaccine against SARS-CoV-2,” said Peter Honig, Senior Vice President, Global Regulatory Affairs, Pfizer. “We look forward to continue working closely with the FDA throughout the clinical development of this program, Project Lightspeed, to evaluate the safety and efficacy of these vaccine candidates.” Pfizer’s stock has dropped 13.7% year to date through Friday while BioNTech shares have more than doubled (up 107.7%) and the Dow Jones Industrial Average
DJIA,
+1.43%
has lost 8.6%.

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Vaccinations fell as adults stayed home

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As precautions against the coronavirus have forced adults to change behaviors and increasingly stay at home, many in Arkansas have also missed vaccinations that are necessary to protect against other diseases, according to the top epidemiologist for the state Department of Health.
Starting in April, vaccinations for adults age 19 and older fell by more than half when compared with the average number of vaccinations performed that month over the previous two years, according to Health Department data.
The next month, vaccinations were down 41.8% from the previous two years. In June, the number of vaccinations was down 26.3%.
The numbers provided by the Health Department accounted for more than a dozen of the most common vaccines for adults, including flu, measles, hepatitis A and B, tetanus, shingles and pneumococcal.
“In general, they’re all down,” said the state epidemiologist, Dr. Jennifer Dillaha, who explained that many local health clinics temporarily closed or switched to telemedicine, while pharmacies limited their services to delivery or curbside pickup only. Both are significant sources of adult immunizations in Arkansas, she said.
“So the opportunity for vaccinations has decreased during this period of time,” Dillaha said. “It’s starting to pick up now. So we’ll see how that goes, …

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Bill Gates says coronavirus vaccine distribution should be based on equity, not the ‘highest bidder’

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Bill Gates said COVID-19 vaccines need to be distributed equally, not to those that can pay the most money. The Microsoft co-founder spoke this weekend at a remote conference hosted by the…

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Polio vaccination activities resume from 20 July – Pakistan

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Government of Pakistan decides to reach the eligible children with all essential vaccines and relaunch small scale door to door vaccination round since suspension during March in the context of COVID-19

ISLAMABAD, 12 July 2020 – Pakistan will resume polio vaccination activities on 20 July with a campaign in selected districts after a four-month suspension of all polio vaccination activities due to COVID-19 pandemic. Districts included in the first round are Faisalabad, Attock, South Waziristan, and parts of Karachi and Quetta with a target to vaccinate almost 800,000 children under the age of five.

Under the guidance of the Ministry of Health and following the Global Polio Eradication Initiative (GPEI) guidelines and Polio Oversight Board recommendations, the Pakistan Polio Eradication programme had suspended all Polio related activities in the last week of March, except surveillance. In the meanwhile, all programme strengths and capacities were redirected to support the ongoing COVID surveillance and response efforts at different levels.

The programme has been vigilantly monitoring the evolving risks of COVID as well as the Polio and other vaccine preventable diseases across Pakistan. The suspension of immunisation activities due to lock downs, closure of OPDs and travel difficulties disrupted essential health interventions. The provisions of essential vaccines to …

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Nearly two million children vaccinated against polio in Angola

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More than 1.9 million children in Angola were vaccinated this week against the deadly polio disease. COURTESY: TWITTER World Health Organisation
More than 1.9 million children in Angola were vaccinated this week against the deadly polio virus, according to numbers released by the World Health Organisation.
Vaccination campaigns, involving 13,340 people, across five of Angola’s 18 provinces were launched earlier this week under strict COVID-19 prevention measures. The campaign was initially targeting just over 1.2 million children under five years of age.
Vaccination campaigns across the continent have encountered difficulties as countries grapple with the effects of the COVID-19 pandemic since its onset in March.
Angola is a country which is plagued by the poliovirus. Last year, an outbreak prompted the government into action which saw 4.5 million children vaccinated in targeted districts in 15 of the country’s 18 provinces.
The W.H.O. at the time said that Angola was one of 14 African countries facing outbreaks of a rare circulating vaccine-derived poliovirus.
Vaccine-derived polioviruses are not common but they are sometimes found in severely under-immunized populations living in areas with poor sanitation and low levels of polio immunization.
Polio is a viral disease which is transmitted from person to person, mainly through a faecal-oral route …

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Coronavirus: It is great to think I could have already had the COVID-19 vaccine

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Human trials are under way of a potential vaccine for COVID-19 being developed by scientists at the University of Oxford.If it proves effective it could be the silver bullet that brings the pandemic to an end.
Dr Ellie Cannon is a family GP and well-known broadcaster and columnist. Here, she tells Sky News about the next stage of her volunteering as part of the Oxford Vaccine Trial.It is a month since I was vaccinated and time to go back to the hospital for a check-up.The trial is known as a blind trial. As a volunteer you do not know whether you are given the trial vaccine against the virus – known as ChAdOx1 nCoV-19 vaccination, or a control vaccination.

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Each week Dr Ellie Cannon completes a swab tests at home

I would like to say I can tell which one I was given four weeks ago, but I really cannot. After my vaccination, I felt exactly the same as before with no side effects.
I was warned I may feel achy or have flu like symptoms the first weekend, but I did not and I have felt normal ever since.

More from After The Pandemic

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