WEBVTT - What We Know about the COVID-19 Vaccines

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<v Speaker 1>Pushkin from Pushkin Industries. This is Deep Background, the show

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<v Speaker 1>where we explore the stories behind the stories in the news.

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<v Speaker 1>I'm Noah Feldman. Coronavirus cases are surging across the country.

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<v Speaker 1>Cities and states are responding with new regulations on social gatherings,

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<v Speaker 1>but another potential solution is at least on the horizon

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<v Speaker 1>and maybe a little closer than that. Last week, the

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<v Speaker 1>drug company Visor announced in a press release that it's

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<v Speaker 1>coronavirus vaccine seems to work. According to a preliminary analysis,

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<v Speaker 1>Visor's vaccine is ninety percent effective at preventing COVID nineteen.

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<v Speaker 1>Maderna's vaccine, which operates on similar principles, has produced similar

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<v Speaker 1>numbers reported by that company as well. To discuss the

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<v Speaker 1>science behind these developments and what's going to happen in practice,

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<v Speaker 1>we are joined by doctor Paul Offen. He's a professor

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<v Speaker 1>of vaccinology and pediatrics at the University of Pennsylvania. He's

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<v Speaker 1>also importantly a member of the FDA's Vaccine Advisory Panel.

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<v Speaker 1>Among his other distinctions, he is also the co inventor

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<v Speaker 1>of the rhodavirus vaccine. Paul, thank you so much for

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<v Speaker 1>joining me. The immediate impetus for our conversation is the

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<v Speaker 1>good news that mRNA vaccines like Visors and Maderna's shows

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<v Speaker 1>efficacy in trials. So let's just start with the very

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<v Speaker 1>basic question. The Visor vaccine is an RNA vaccine. There's

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<v Speaker 1>never been one of those that worked before. Why is

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<v Speaker 1>this appear to be working? So what we think we

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<v Speaker 1>know is we think we know that we want to

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<v Speaker 1>make antibodies to the protein that emanates from the surface

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<v Speaker 1>of the virus that is responsible for attaching the virus

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<v Speaker 1>to cells. If you can then make antibodies to that protein,

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<v Speaker 1>you can prevent the virus from attaching the cells. In

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<v Speaker 1>the past, when we've wanted to make an about it

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<v Speaker 1>to the spike protein, we would do things like give

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<v Speaker 1>sort of a whole killed form of the virus which

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<v Speaker 1>would have the spike protein on it, or we would

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<v Speaker 1>give a live we can form of the virus which

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<v Speaker 1>would have the spike protein on it, or we would

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<v Speaker 1>purify the spike protein, or we would use recomment at

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<v Speaker 1>DNA technology to make the spike protein. What we're doing

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<v Speaker 1>now is we're saying we're not going to do any

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<v Speaker 1>of that. We're going to take a small gene that

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<v Speaker 1>essentially codes for that spike protein, and then we'll inject

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<v Speaker 1>that and hope that it gets into muscle cells and

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<v Speaker 1>will then be translated to the spike protein. So, in

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<v Speaker 1>other words, the person makes the spike protein, then the

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<v Speaker 1>person makes in about it's the spectro protein. We've never

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<v Speaker 1>done that before. Just like you said, there's no commercial

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<v Speaker 1>equivalent for that for any vaccine. It should theoretically work,

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<v Speaker 1>we just never knew that it could. That was a

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<v Speaker 1>spectacularly clear explanation. I want to just dive into a

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<v Speaker 1>specific part of it. The part I want to dive

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<v Speaker 1>into is the idea that historically, the way we've done

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<v Speaker 1>vaccines and by Weime and you the scientific community, is

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<v Speaker 1>by introducing a version of the spike protein in this

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<v Speaker 1>case that we want to block, and then having the

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<v Speaker 1>body produce antibodies to it. And that what makes the

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<v Speaker 1>mRNA approach, which is characteristic of the Fiser approach and

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<v Speaker 1>of the Maderna approach, distinctive, is that it actually introduces

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<v Speaker 1>a genetic code to produce the spike protein, which the

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<v Speaker 1>body then produces, which we don't want in principle a

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<v Speaker 1>body to produce. But then the body produces antibodies to

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<v Speaker 1>the spike protein that the body has produced. So you're

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<v Speaker 1>saving a step, as it were, you don't have to

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<v Speaker 1>introduce the spike protein in some form from the outside.

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<v Speaker 1>First of all, am I getting that right? That's exactly right.

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<v Speaker 1>But if for example, you gave a live attenuated viral vaccine,

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<v Speaker 1>that virus would then enter the cell, reproduce itself, and

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<v Speaker 1>it would make the spike protein inside that cell. So

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<v Speaker 1>it's not like a complete long shot. And we certainly

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<v Speaker 1>have a wealth of experience using live weakened viruses to

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<v Speaker 1>induce immune response, starting in the mid nineteen thirties with

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<v Speaker 1>yellow fever vaccine. And is it a good thing that

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<v Speaker 1>by encoding for the spike protein without introducing the virus,

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<v Speaker 1>the virus actually doesn't in principle have a chance of

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<v Speaker 1>arising within the cell with this kind of vaccine, correct,

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<v Speaker 1>because we're not encoding for the virus, just encoding for

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<v Speaker 1>the spike protein. That's right. It's just you're being infected,

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<v Speaker 1>if you will, with one protein, so that's not the virus,

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<v Speaker 1>that's right. So when we think about potential negative side effects,

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<v Speaker 1>when we think about live attenuated viruses or killed viruses,

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<v Speaker 1>sometimes we worry that they might produce, at least in

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<v Speaker 1>some people, symptoms of the actual virus or the bad

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<v Speaker 1>consequence of the actual virus. Is it correct to say that,

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<v Speaker 1>at least in principle, the mRNA vaccine can't do that

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<v Speaker 1>because there is no virus introduced into the system. There's

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<v Speaker 1>just the genetic code for the spike protein, which is

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<v Speaker 1>not itself the virus. Yeah, this is not sours cob

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<v Speaker 1>two virus. This is just one protein from the virus

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<v Speaker 1>that you will make. Therefore, the signs and symptoms that

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<v Speaker 1>you develop will not resemble those of SARS cob two infection.

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<v Speaker 1>So one of the best things about an RNA vaccine,

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<v Speaker 1>if indeed it works, is that it avoids some of

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<v Speaker 1>the potential downsides of more traditional vaccination. That's correct. Yes,

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<v Speaker 1>Sometimes it's been said in the media and by the

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<v Speaker 1>companies that it's easier to produce large numbers of doses

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<v Speaker 1>of an mRNA vaccine than it is to produce large

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<v Speaker 1>numbers of doses of a traditional killed or attenuated virus vaccine.

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<v Speaker 1>Is that so, And if it is so, why is

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<v Speaker 1>it so? I think there's a couple advantages for these

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<v Speaker 1>genetic approaches. The so called genetic plug and play approaches

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<v Speaker 1>are fast because they're very easy to construct. You just

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<v Speaker 1>take the gene and in the case of mRNA, you

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<v Speaker 1>give the gene, or in the case of some of

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<v Speaker 1>these other so called viral vectors, you just insert the

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<v Speaker 1>gene into that viral vector. So it's really very fast

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<v Speaker 1>to be able to construct it, and then it's very

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<v Speaker 1>easy to scale up rapidly. So MESSERNA, it's essentially synthetic.

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<v Speaker 1>You're just manufacturing it, so it can be scaled up

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<v Speaker 1>very quickly. I mean, I think Visor said that they

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<v Speaker 1>would have fifty million doses by the end of twenty twenty,

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<v Speaker 1>that they would have one point three billion doses in

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<v Speaker 1>the year twenty twenty one. You mentioned the viral vector

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<v Speaker 1>vaccines also sometimes called trojan horse vaccines. The Astroxenica approach,

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<v Speaker 1>the Oxford approach is one of those. Could you describe

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<v Speaker 1>how that works in relationship to the mRNA approach, right,

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<v Speaker 1>So it's a little different. So the so called replication

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<v Speaker 1>defective adnovirus vectors, which is the approach that's being used

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<v Speaker 1>by Johnson Johnson, the approach that's being used by Astroxenica,

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<v Speaker 1>the approach is being used by Russia. The approach is

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<v Speaker 1>being used by Chin in part is the adnovirus is

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<v Speaker 1>a human virus that can cause a variety of diseases.

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<v Speaker 1>But by engineering the virus so that it's replication defective,

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<v Speaker 1>that means that it cannot reproduce itself, that means that

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<v Speaker 1>it cannot cause disease. But it's also genetically engineered so

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<v Speaker 1>it has the gene that codes for the spike protein.

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<v Speaker 1>So then you inoculate this replication defective viral vector into

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<v Speaker 1>the person. It's taken up into muscle cells, and then

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<v Speaker 1>that replication of vectivirus enters the cell nucleus, where then

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<v Speaker 1>that gene that codes for the spike protein is transcribed

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<v Speaker 1>into messenger rna, and then the messenger rna then enters

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<v Speaker 1>the cytoplasm and then makes the protein, and then you

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<v Speaker 1>make the protein. So it's sort of like a step

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<v Speaker 1>back from the messenger RNA strategy, but essentially it's the

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<v Speaker 1>same strategy. It's ultimately getting the cell to make sours

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<v Speaker 1>covie to spike protein. And the reason that it's sometimes

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<v Speaker 1>called the trojan horse vaccination approach is that the adnovirus

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<v Speaker 1>is another virus that does in fact, in effect the cell,

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<v Speaker 1>though not with the possibility of replication. And once it's

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<v Speaker 1>in there, it delivers the genetic code for the spike

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<v Speaker 1>protein exactly right, and then the human body makes the

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<v Speaker 1>spike protein and then develops the antibodies to it, and

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<v Speaker 1>we're off to the races, as it were, off to

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<v Speaker 1>the races. Are those viral vector vaccines just as easy

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<v Speaker 1>to produce in large numbers of doses as the mRNA

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<v Speaker 1>vaccine is. Well, the mRNA is synthetic at some level,

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<v Speaker 1>so it's in that sense easier to make, but it

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<v Speaker 1>can be rapidly killed up. And there's a lot of

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<v Speaker 1>experience actually with replication effective add and ofvirus vectors, which

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<v Speaker 1>was used actually as one of the e bowl of

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<v Speaker 1>vaccines by Johnson and Johnson, the so called replication effective

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<v Speaker 1>ad ofvirus twenty six, So millions of doses were administered

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<v Speaker 1>in West Africa associated with that outbreak. Plus, interestingly, I

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<v Speaker 1>think many people don't realize this that product who had

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<v Speaker 1>to be maintained on dry ice and it was successfully

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<v Speaker 1>maintained on dry ice in West Africa, because that's going

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<v Speaker 1>to be also the story with the Fiser vaccine. So

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<v Speaker 1>we'll see how this plays out, but there is at

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<v Speaker 1>least some experience, some commercial experience with this approach. I'm

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<v Speaker 1>glad you raised the temperature issue, which seems like it's

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<v Speaker 1>going to be an important one going forward. The Fiser

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<v Speaker 1>folks are saying that their vaccine needs to be kept

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<v Speaker 1>at negative seventy degrees centigrade, which is around ninety four

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<v Speaker 1>degrees below zero fahrenheit. Why does it have to be

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<v Speaker 1>kept at that cold temperature? So? People who work with

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<v Speaker 1>messenge drying in a laboratories usually stored in liquid nitrogen,

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<v Speaker 1>which is like minus seventy to minus eighty degrees centigrade

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<v Speaker 1>in order to be able to make sure that that

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<v Speaker 1>molecule doesn't break down at least the fives are construct.

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<v Speaker 1>You have to ship it and store it at minus seventy,

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<v Speaker 1>which means that for the people who are taking care

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<v Speaker 1>of it, they have to constantly replenish the dry ice,

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<v Speaker 1>which is a lot to ask. And it gets worse

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<v Speaker 1>than that. Then what happens is when you've thought it

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<v Speaker 1>out and you put it in the refrigerator, that concentrated

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<v Speaker 1>form of Messenger RNA can only stay in the refrigerator

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<v Speaker 1>for twenty four hours. After twenty four hours you have

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<v Speaker 1>to throw it out. Also, if you reconstitute it and

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<v Speaker 1>it's just reconstituted with just a normal as salt water solution,

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<v Speaker 1>after you reconstitute it, you have six hours to give it.

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<v Speaker 1>So that's a lot to ask and I think when

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<v Speaker 1>you do these trials, it's forty four thousand person trial,

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<v Speaker 1>you can be sure that the company was very good

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<v Speaker 1>about making that these study centers that were doing these

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<v Speaker 1>trials knew exactly how to do it, and we're good

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<v Speaker 1>at doing it. When a thing gets out into the

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<v Speaker 1>real world, you worry that people are going to be

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<v Speaker 1>as good at making sure they kept this ultra cold

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<v Speaker 1>chain going as we did into trials, and that the

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<v Speaker 1>efficacy may be a little less in a real world center.

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<v Speaker 1>Because messenger RNA breaks down very quickly. It decentegrates very quickly,

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<v Speaker 1>and although that would not be an issue, I think

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<v Speaker 1>in terms of safety, it would definitely be an issue

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<v Speaker 1>in terms of potency. Why does it break down so quickly?

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<v Speaker 1>If in the human body, mRNA is tremendously necessary, and

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<v Speaker 1>of course the human body is not negative seventy degrees centigrade, right,

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<v Speaker 1>it does break down quickly in the human body, but

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<v Speaker 1>you're constantly making messenger RNA and it's constantly breaking down.

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<v Speaker 1>I mean, one thing, it's interesting just from a nerdy

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<v Speaker 1>virologious standpoint, when you're infected with this virus, you usually

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<v Speaker 1>shed infectious virus for about a week, meaning live virus

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<v Speaker 1>for about a week, but you can be PCR positive

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<v Speaker 1>for three months. Which interesting about that is when you're

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<v Speaker 1>PCR positive, what that means is is that the virus

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<v Speaker 1>gene is being detected in the back of your throw,

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<v Speaker 1>so it's not the live virus necessarily, it's just the

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<v Speaker 1>virus genome. Well, if messenger RNA breaks down so quickly,

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<v Speaker 1>and it does, why is it that you're positive for

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<v Speaker 1>three months after you're no longer making effect as virus.

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<v Speaker 1>I mean, shouldn't the mRNA breakdown very quickly? And the

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<v Speaker 1>answer as it does. So the only explanation for this

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<v Speaker 1>is that the virus continues to make messenger rna, continues

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<v Speaker 1>to make its genome, but doesn't make whole virus particles,

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<v Speaker 1>which would be the first virus at least that I

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<v Speaker 1>know about, has ever done something like that. It's just

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<v Speaker 1>a very strange virus, this bad coronavirus. Can you think

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<v Speaker 1>of any adaptive advantage genetically for an organism to continue

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<v Speaker 1>to make its genome, maybe if it's not making the

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<v Speaker 1>thing that enables it to spread in the population. That

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<v Speaker 1>doesn't sound super efficient from a sort of classic evolutionary

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<v Speaker 1>advantage standpoint. I know, I can't think of a reason,

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<v Speaker 1>but you know what, I'm going to assume the virus

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<v Speaker 1>is smarter than I am, and it's doing it for

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<v Speaker 1>a reason, because why would it expand the energy that's

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<v Speaker 1>needed to make message RNA unless there was some advantage

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<v Speaker 1>to its survivability. Fascinating of the viral vector vaccines, the

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<v Speaker 1>ones that Johnson and Johnson and Astra Zeneca are producing,

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<v Speaker 1>will those also have to be kept at a comparable

0:12:10.236 --> 0:12:12.276
<v Speaker 1>level of coldness. You mentioned that the vaccine that was

0:12:12.356 --> 0:12:14.716
<v Speaker 1>used in Africa was stored on dry eye, so that's

0:12:14.716 --> 0:12:17.596
<v Speaker 1>at the same kinds of low temperatures. My understanding is

0:12:17.756 --> 0:12:20.636
<v Speaker 1>it's they'll be either kept at freezer or refrigerator temperatures,

0:12:20.636 --> 0:12:22.596
<v Speaker 1>so they're not going to nearly require the kind of

0:12:23.036 --> 0:12:24.676
<v Speaker 1>issues that are going to be required at least with

0:12:24.716 --> 0:12:27.236
<v Speaker 1>the Fiser vaccine. Which interesting is that the modernist vaccine

0:12:27.276 --> 0:12:29.796
<v Speaker 1>is also an mr anda vaccine, but it doesn't have

0:12:29.796 --> 0:12:31.876
<v Speaker 1>to be shipped in stored at minus seventy to Minusa.

0:12:31.876 --> 0:12:34.036
<v Speaker 1>It can be shipped in stored at minus twenty degrees centigrade,

0:12:34.036 --> 0:12:37.516
<v Speaker 1>which is basically freezer temperature. They're both mr Anda vaccines.

0:12:37.516 --> 0:12:41.116
<v Speaker 1>The gene sequence that determines the so called receptor binding

0:12:41.156 --> 0:12:44.716
<v Speaker 1>domain on the Saurus CoV two spy protein is identical,

0:12:45.156 --> 0:12:47.836
<v Speaker 1>but they are different. I mean, Fiser's vaccine is given

0:12:47.876 --> 0:12:51.676
<v Speaker 1>at thirty micrograms per dose in two successive doses. Madernas

0:12:51.716 --> 0:12:54.596
<v Speaker 1>is a hundred micrograms and two successive doses, And they

0:12:54.636 --> 0:12:57.196
<v Speaker 1>don't have the same so called ducleoside analog, so they're

0:12:57.236 --> 0:13:00.916
<v Speaker 1>not the same molecule. Obviously, there's there's stability differences, physical

0:13:00.996 --> 0:13:03.556
<v Speaker 1>chemical differences between those two products, and I'm not sure

0:13:03.556 --> 0:13:06.316
<v Speaker 1>exactly why, because obviously I'm sure if Fizer could ship

0:13:06.396 --> 0:13:08.516
<v Speaker 1>in store at freezer temperature, which is much more doable,

0:13:08.756 --> 0:13:12.076
<v Speaker 1>they would, so will that potentially turn out to be

0:13:12.116 --> 0:13:16.916
<v Speaker 1>a determinative factor for governments that are making specific orders

0:13:16.956 --> 0:13:19.836
<v Speaker 1>or for healthcare systems that are making specific orders. I mean,

0:13:19.876 --> 0:13:22.956
<v Speaker 1>I'm sitting in I don't know, the Massachusetts Department of

0:13:23.276 --> 0:13:25.236
<v Speaker 1>Health and Human Services, and I'm trying to figure out

0:13:25.276 --> 0:13:27.836
<v Speaker 1>which one should I buy? Would that be ir relevant

0:13:27.836 --> 0:13:30.556
<v Speaker 1>consideration for me? I'd rather buy the one, for example,

0:13:31.076 --> 0:13:34.276
<v Speaker 1>that can be shipped at a slightly higher temperature or

0:13:34.276 --> 0:13:36.996
<v Speaker 1>stored at us slightly higher temperature. You would think that

0:13:37.076 --> 0:13:39.916
<v Speaker 1>the degree of ease, the degree to which administration and

0:13:40.036 --> 0:13:42.836
<v Speaker 1>storage is idiot proof, it would be attractive what is

0:13:43.036 --> 0:13:45.676
<v Speaker 1>currently required for the Fiser vaccine, which is, you know

0:13:45.716 --> 0:13:48.076
<v Speaker 1>that you can't keep in the refrigerator from more than

0:13:48.116 --> 0:13:50.196
<v Speaker 1>a day once we constuted, can't be kept for more

0:13:50.236 --> 0:13:52.916
<v Speaker 1>than six hours, that you constantly have to replace with

0:13:52.996 --> 0:13:55.356
<v Speaker 1>dry ice. I can't imagine how that is going to

0:13:55.436 --> 0:13:58.316
<v Speaker 1>be done in a large retail pharmacy. I can't. I

0:13:58.316 --> 0:14:01.916
<v Speaker 1>can't imagine how it's going to be done at our hospital, frankly, so,

0:14:01.916 --> 0:14:03.956
<v Speaker 1>so then how would it be done? One way would

0:14:03.996 --> 0:14:06.876
<v Speaker 1>be to have a series of centers that are distributed

0:14:06.876 --> 0:14:09.396
<v Speaker 1>throughout a city that are like a testing center sept

0:14:09.436 --> 0:14:12.756
<v Speaker 1>here that are specifically devoted to giving the vaccine. That

0:14:12.796 --> 0:14:14.196
<v Speaker 1>would be one way to do it, and that may

0:14:14.236 --> 0:14:15.676
<v Speaker 1>be the way it's going to be done. So yes,

0:14:15.716 --> 0:14:19.156
<v Speaker 1>I think you're exactly right. How operationally or we get

0:14:19.156 --> 0:14:21.476
<v Speaker 1>a vaccine that has these kinds of requirements out there.

0:14:23.036 --> 0:14:25.556
<v Speaker 1>When you just described that you're not even sure your hospital,

0:14:25.596 --> 0:14:27.676
<v Speaker 1>which is one of the best hospitals in the country

0:14:27.676 --> 0:14:29.996
<v Speaker 1>and indeed in the world, could do it, that actually

0:14:30.036 --> 0:14:33.996
<v Speaker 1>makes me wonder about viability altogether. I mean, you describe

0:14:34.036 --> 0:14:36.436
<v Speaker 1>setting up these centers in different cities. That might be

0:14:36.476 --> 0:14:39.196
<v Speaker 1>all well and good in big cities that have lots

0:14:39.196 --> 0:14:41.516
<v Speaker 1>of resources, but it sounds like it would be hard

0:14:41.556 --> 0:14:43.516
<v Speaker 1>to do in lots of parts of the United States,

0:14:43.596 --> 0:14:46.596
<v Speaker 1>and definitely very hard to do in lots of parts

0:14:46.636 --> 0:14:48.676
<v Speaker 1>of the world where such centers don't exist, and would

0:14:48.676 --> 0:14:51.036
<v Speaker 1>then have to be built from scratch. From the way

0:14:51.036 --> 0:14:53.476
<v Speaker 1>you formulated it there, I almost thought you were hinting

0:14:54.156 --> 0:14:57.556
<v Speaker 1>that unless there is no other choice, the Fiser approach

0:14:57.636 --> 0:14:59.836
<v Speaker 1>doesn't sound like it's going to be doable at scale.

0:15:00.836 --> 0:15:03.276
<v Speaker 1>I think it's doable, and I think it's doable at scale.

0:15:03.436 --> 0:15:05.436
<v Speaker 1>I just think it's going to require an enormous effort,

0:15:05.476 --> 0:15:07.996
<v Speaker 1>which means an enormous expenditure as well as time. Yes,

0:15:08.076 --> 0:15:10.396
<v Speaker 1>I think that's right, And understandings in the United States

0:15:10.516 --> 0:15:13.396
<v Speaker 1>has contracted to by one hundred million doses of the

0:15:13.396 --> 0:15:17.396
<v Speaker 1>Fiser vaccine, which means that they could vaccinate fifty million people.

0:15:17.436 --> 0:15:19.916
<v Speaker 1>Now that the number of people that have been considered

0:15:19.956 --> 0:15:24.196
<v Speaker 1>sort of first tier responders meaning essential workers like healthcare workers,

0:15:24.196 --> 0:15:28.036
<v Speaker 1>people in transportation, law enforcement, etc. People over sixty five,

0:15:28.076 --> 0:15:30.676
<v Speaker 1>people who have certain high risk medical conditions, added up

0:15:30.676 --> 0:15:33.996
<v Speaker 1>to about one hundred and fifty million American adults, which

0:15:34.036 --> 0:15:38.036
<v Speaker 1>is roughly half the adult population. This vaccine to be

0:15:38.036 --> 0:15:41.436
<v Speaker 1>given exclusively at least for that hundred million, doses to

0:15:41.516 --> 0:15:44.116
<v Speaker 1>the United States would be about a third of that.

0:15:44.236 --> 0:15:46.396
<v Speaker 1>So the only way we're going to vaccinate the American

0:15:46.396 --> 0:15:48.516
<v Speaker 1>population is if there's more than one vaccine. That's going

0:15:48.516 --> 0:16:01.716
<v Speaker 1>to have to be true. We'll be right back. When

0:16:01.756 --> 0:16:04.596
<v Speaker 1>I try to picture a center, a newly created center

0:16:04.636 --> 0:16:07.676
<v Speaker 1>that becomes the vaccination center in a city, I guess

0:16:08.236 --> 0:16:09.916
<v Speaker 1>we're down at getting into the nitty gritty, But I

0:16:09.916 --> 0:16:12.236
<v Speaker 1>guess you have to set up appointments for people. You

0:16:12.236 --> 0:16:15.436
<v Speaker 1>can have fifty million people lining up and waiting for vaccines,

0:16:15.436 --> 0:16:17.596
<v Speaker 1>among other things, they would probably be too proximate to

0:16:17.596 --> 0:16:20.236
<v Speaker 1>one another and that might spread the virus, right, and

0:16:20.396 --> 0:16:23.076
<v Speaker 1>you have to identify whether or not these people really

0:16:23.076 --> 0:16:26.076
<v Speaker 1>are the first tier for whom the vaccine is recommended.

0:16:26.076 --> 0:16:27.236
<v Speaker 1>Because I think there are a lot of people who

0:16:27.276 --> 0:16:29.116
<v Speaker 1>were going to get it who are not necessarily in

0:16:29.156 --> 0:16:31.956
<v Speaker 1>that first tier group. So how do you identify who

0:16:31.956 --> 0:16:33.516
<v Speaker 1>they are? How do you make sure they come back

0:16:33.556 --> 0:16:35.996
<v Speaker 1>twenty one or twenty eight days letter depending on the vaccine,

0:16:36.036 --> 0:16:38.196
<v Speaker 1>so to make sure they got their second dose. If

0:16:38.196 --> 0:16:39.916
<v Speaker 1>you look at shing ricks, which is probably the best

0:16:39.916 --> 0:16:42.556
<v Speaker 1>equivalent for this, which is an adult vaccine that's given

0:16:42.556 --> 0:16:45.676
<v Speaker 1>in two doses roughly separated by a month, what percentage

0:16:45.716 --> 0:16:47.716
<v Speaker 1>of people come back for that second dose. The answer

0:16:47.756 --> 0:16:50.116
<v Speaker 1>is it's pretty high. It's about eighty five percent or

0:16:50.156 --> 0:16:52.036
<v Speaker 1>so ninety percent. But still, you know, one out of

0:16:52.036 --> 0:16:54.316
<v Speaker 1>ten or more people don't come back for that second

0:16:54.356 --> 0:16:56.796
<v Speaker 1>dose because, first of all, the first dose of a

0:16:56.836 --> 0:16:59.836
<v Speaker 1>shingles vaccine does cause side effect, as these vaccines will

0:17:00.036 --> 0:17:03.076
<v Speaker 1>for different reasons. Mess Darna is an adgement. By adgement,

0:17:03.156 --> 0:17:05.636
<v Speaker 1>I mean it stimulates the immune system so that you

0:17:05.636 --> 0:17:08.396
<v Speaker 1>can give a lesser quantity of the active ingredient. And

0:17:08.436 --> 0:17:10.276
<v Speaker 1>so you may get a first US and think, yeah, hey,

0:17:10.316 --> 0:17:12.956
<v Speaker 1>this wasn't fun. I had fever, including high fever, I

0:17:13.036 --> 0:17:16.476
<v Speaker 1>had headaches, chills, muscle eggs. I'm not signing up for that. Seconds,

0:17:16.556 --> 0:17:18.716
<v Speaker 1>which really is the shingle story. I mean, it's certainly

0:17:18.836 --> 0:17:21.356
<v Speaker 1>nothing compared to what the benefit is, which is preventing

0:17:21.356 --> 0:17:24.436
<v Speaker 1>a disease that could kill you. So it's certainly worth it.

0:17:24.476 --> 0:17:26.436
<v Speaker 1>But you know, for some people, they may think, you know,

0:17:26.596 --> 0:17:28.636
<v Speaker 1>I'm young and healthy, I'm probably not going to die

0:17:28.636 --> 0:17:30.356
<v Speaker 1>from this, so I really have to go back for

0:17:30.436 --> 0:17:34.876
<v Speaker 1>that second dose. This wasn't much fun. The fact that

0:17:35.156 --> 0:17:38.596
<v Speaker 1>mRNA it can be used as an adjument, namely something

0:17:38.596 --> 0:17:41.596
<v Speaker 1>that stimulates your immune system, does that mean that a

0:17:41.716 --> 0:17:44.836
<v Speaker 1>high percentage of the population who takes the vaccine will

0:17:44.876 --> 0:17:48.516
<v Speaker 1>have those kinds of quasi flu leg symptoms in response

0:17:48.556 --> 0:17:50.956
<v Speaker 1>to taking the vaccine. Yes, I think that's right. I

0:17:50.996 --> 0:17:53.356
<v Speaker 1>think probably as much as half of people will have fever,

0:17:53.396 --> 0:17:56.596
<v Speaker 1>including high fever, and then the symptoms associated with fever, headache, chills,

0:17:56.676 --> 0:17:58.996
<v Speaker 1>muscle as I think that's likely. And how long do

0:17:59.036 --> 0:18:02.316
<v Speaker 1>those symptoms typically last When you've administered just an agement

0:18:02.516 --> 0:18:05.356
<v Speaker 1>a day or two. I mean, it'll go away again.

0:18:05.396 --> 0:18:08.556
<v Speaker 1>So people will know they don't have COVID because they've

0:18:08.596 --> 0:18:10.316
<v Speaker 1>just taken the vaccine, but they may be a little

0:18:10.316 --> 0:18:12.556
<v Speaker 1>nervous about it. Well, the same thing actually applies for

0:18:12.636 --> 0:18:15.396
<v Speaker 1>the vaccine trials. In theory, the participant doesn't know whether

0:18:15.396 --> 0:18:18.356
<v Speaker 1>they're getting vaccine or placebo. But because the mRNA vaccines,

0:18:18.356 --> 0:18:21.516
<v Speaker 1>and actually also true for the replication effect of adenovirus

0:18:21.556 --> 0:18:23.916
<v Speaker 1>vaccines for a different reason, that too had a fairly

0:18:23.996 --> 0:18:26.516
<v Speaker 1>high side effect profile. So if you didn't have side effects,

0:18:26.516 --> 0:18:28.396
<v Speaker 1>you probably did have a placebo, and if you did

0:18:28.476 --> 0:18:30.916
<v Speaker 1>have side effects, you probably did have the vaccine. So

0:18:31.156 --> 0:18:34.556
<v Speaker 1>most people probably do know which they got. Interesting. Interesting.

0:18:34.636 --> 0:18:37.556
<v Speaker 1>The second question I wanted to ask about that scenario

0:18:37.876 --> 0:18:40.196
<v Speaker 1>is if one hundred and fifty million people aren't being

0:18:40.236 --> 0:18:43.476
<v Speaker 1>described as first responders, and as you say, that's half

0:18:43.516 --> 0:18:46.556
<v Speaker 1>of the US adult population, that on some level that

0:18:46.676 --> 0:18:50.196
<v Speaker 1>first responder categorization isn't that meaningful, and it's going to

0:18:50.276 --> 0:18:52.316
<v Speaker 1>have to be more narrowed down, especially if let's say

0:18:52.316 --> 0:18:54.076
<v Speaker 1>we have fifteen million doses to begin with, and even

0:18:54.076 --> 0:18:55.676
<v Speaker 1>among that there's the question of the order in which

0:18:55.676 --> 0:18:58.396
<v Speaker 1>it will be given. Do you have a view about

0:18:58.436 --> 0:19:01.636
<v Speaker 1>what would be plausible ways to narrow it down beyond that,

0:19:02.116 --> 0:19:04.636
<v Speaker 1>or do you think that the governments involved are just

0:19:04.676 --> 0:19:08.036
<v Speaker 1>going to duck the issue because it's so difficult to

0:19:08.116 --> 0:19:11.116
<v Speaker 1>do allocation processes like this in a way that seems

0:19:11.156 --> 0:19:14.476
<v Speaker 1>fair to people. I think you're exactly right. I think

0:19:14.476 --> 0:19:16.436
<v Speaker 1>it is going to be difficult to do that, But

0:19:16.476 --> 0:19:18.116
<v Speaker 1>I don't think they're going to duck the issue. I

0:19:18.156 --> 0:19:20.676
<v Speaker 1>think both the Advisor Community for Communization Practice to the

0:19:20.716 --> 0:19:23.276
<v Speaker 1>CDC and the National Category Medicine, which have been charged

0:19:23.316 --> 0:19:26.716
<v Speaker 1>with trying to figure out exactly how these tiers are

0:19:26.716 --> 0:19:28.716
<v Speaker 1>going to work out who's in the top top tier,

0:19:28.756 --> 0:19:31.636
<v Speaker 1>who's just below that top tier, they won't duck it.

0:19:31.836 --> 0:19:33.396
<v Speaker 1>The question is how it then is going to play

0:19:33.396 --> 0:19:35.836
<v Speaker 1>out in the real world when the rubber meets the road,

0:19:36.356 --> 0:19:39.156
<v Speaker 1>and we'll see I'm sure that the healthcare workers will

0:19:39.196 --> 0:19:41.316
<v Speaker 1>be right up at the top, as will people who

0:19:41.316 --> 0:19:43.396
<v Speaker 1>are older. For in terms of people who are over

0:19:43.436 --> 0:19:45.596
<v Speaker 1>sixty five, we do need data to prove that the

0:19:45.676 --> 0:19:49.316
<v Speaker 1>vaccine is effective in that age group. Hopefully we'll have

0:19:49.436 --> 0:19:51.916
<v Speaker 1>enough people in these fisor trials, and we're during the trials,

0:19:51.956 --> 0:19:53.516
<v Speaker 1>which are going to be the first ones to go

0:19:53.596 --> 0:19:56.036
<v Speaker 1>through the FDA, we'll have enough data to be able

0:19:56.076 --> 0:19:58.556
<v Speaker 1>to make that statement. Because although you know, obviously you

0:19:58.636 --> 0:20:00.796
<v Speaker 1>want to make sure that both genders weekly represented, you

0:20:00.796 --> 0:20:02.916
<v Speaker 1>want to make sure that there's an adequate representation of

0:20:03.036 --> 0:20:05.316
<v Speaker 1>racial and ethnic minorities. There's no reason to believe that

0:20:05.356 --> 0:20:08.276
<v Speaker 1>there would be really differences in the ability to respond

0:20:08.516 --> 0:20:10.756
<v Speaker 1>with the accept for someone older and people who have

0:20:10.836 --> 0:20:14.636
<v Speaker 1>various medical conditions, like you know, say obesity or diabetes.

0:20:14.756 --> 0:20:17.516
<v Speaker 1>So that needs to be clear or as we do this.

0:20:18.596 --> 0:20:21.036
<v Speaker 1>I thought of that specifically because I heard an interview

0:20:21.076 --> 0:20:24.076
<v Speaker 1>on the radio with one of the fiser's spokespeople who

0:20:24.156 --> 0:20:27.236
<v Speaker 1>was asked, of your forty four thousand people in your trial,

0:20:27.596 --> 0:20:31.556
<v Speaker 1>were their elderly people? And the spokesperson responded by saying

0:20:31.956 --> 0:20:36.316
<v Speaker 1>the trial group was demographically broad, which was not a

0:20:36.316 --> 0:20:38.676
<v Speaker 1>direct answer, and of course it didn't say anything about

0:20:38.716 --> 0:20:41.996
<v Speaker 1>whether the ninety percent efficacy level is you know, nearly

0:20:41.996 --> 0:20:44.076
<v Speaker 1>one hundred percent of young people are finding it working

0:20:44.316 --> 0:20:46.916
<v Speaker 1>and a very substantial number of older people are not

0:20:47.036 --> 0:20:49.956
<v Speaker 1>discovering that it works. Do you have an instinct about that?

0:20:49.996 --> 0:20:52.516
<v Speaker 1>I mean, would it be ordinarily the case that if

0:20:52.516 --> 0:20:55.596
<v Speaker 1>you looked at a natural variation across a population, that

0:20:55.836 --> 0:20:58.836
<v Speaker 1>older people would have a much harder time having the

0:20:58.916 --> 0:21:03.076
<v Speaker 1>vaccine effectively generate successful protections for them, just because their

0:21:03.076 --> 0:21:05.676
<v Speaker 1>immune systems are less responsive as they get older. Yes,

0:21:05.756 --> 0:21:08.556
<v Speaker 1>and that's the flu story. I mean, influenza vaccine works.

0:21:09.156 --> 0:21:11.516
<v Speaker 1>It's about sixty to sixty five percent effective to say,

0:21:11.556 --> 0:21:14.916
<v Speaker 1>people less than eighteen years of age, but it's barely

0:21:14.916 --> 0:21:17.236
<v Speaker 1>effective in people over sixty five. On the other hand,

0:21:17.236 --> 0:21:20.836
<v Speaker 1>is shingles vaccine in those over seventy eighty years old

0:21:20.916 --> 0:21:24.436
<v Speaker 1>works extremely well. So there are horses for courses. As

0:21:24.516 --> 0:21:26.196
<v Speaker 1>they say at the track, I think we'll find that

0:21:26.236 --> 0:21:28.556
<v Speaker 1>there are vaccines that may work well in one group

0:21:28.596 --> 0:21:30.836
<v Speaker 1>but not another. And I thought, of you. I thought

0:21:30.836 --> 0:21:32.756
<v Speaker 1>that the press release was pretty cajry. I think it

0:21:32.836 --> 0:21:34.476
<v Speaker 1>made a statement that they had X number of people

0:21:34.476 --> 0:21:36.756
<v Speaker 1>over fifty five, but it's really over sixty five that

0:21:36.796 --> 0:21:38.556
<v Speaker 1>you care about. And I'm not just saying that because

0:21:38.596 --> 0:21:40.676
<v Speaker 1>I'm over sixty five. Okay, I am saying that because

0:21:40.676 --> 0:21:43.196
<v Speaker 1>I'm over sixty five. But you know you can't forget

0:21:43.236 --> 0:21:46.156
<v Speaker 1>about us. Well, I don't think anyone is going to

0:21:46.196 --> 0:21:48.516
<v Speaker 1>forget about people over sixty five. In the context of

0:21:48.556 --> 0:21:51.036
<v Speaker 1>responding to a disease where most of the people whom

0:21:51.036 --> 0:21:53.836
<v Speaker 1>it has killed were not just over sixty five, but

0:21:54.116 --> 0:21:56.396
<v Speaker 1>over seventy or over seventy five, I think people are

0:21:56.396 --> 0:21:58.796
<v Speaker 1>going to be extremely concerned about this. I guess there's

0:21:58.836 --> 0:22:00.836
<v Speaker 1>the answer. Then we just have because of your horses

0:22:00.836 --> 0:22:02.996
<v Speaker 1>for courses point, there's just no way we're going to

0:22:03.076 --> 0:22:06.036
<v Speaker 1>know anything about this until we see the data. We

0:22:06.076 --> 0:22:08.836
<v Speaker 1>can't assume what it's going to look like. The challenges here.

0:22:08.836 --> 0:22:10.876
<v Speaker 1>If you look at that forty four thousand person trial

0:22:11.076 --> 0:22:13.516
<v Speaker 1>and then you look at the instance of infection, it's

0:22:13.556 --> 0:22:16.636
<v Speaker 1>actually much less than you would have predicted based on

0:22:16.756 --> 0:22:22.036
<v Speaker 1>what the instances of outbreaks were as these trials were progressing.

0:22:22.396 --> 0:22:25.316
<v Speaker 1>Which makes you wonder whether the people who were participants,

0:22:25.356 --> 0:22:28.276
<v Speaker 1>because they may be more attentive to their health, were

0:22:28.316 --> 0:22:30.796
<v Speaker 1>more likely to wear a mask, more likely to social distance,

0:22:30.836 --> 0:22:33.876
<v Speaker 1>and therefore less likely to have been infected than an

0:22:33.876 --> 0:22:36.396
<v Speaker 1>otherwise group. In other words, as compared to if they say,

0:22:36.476 --> 0:22:39.516
<v Speaker 1>did the trials with bikers in Sturge of South Dakota

0:22:39.556 --> 0:22:41.836
<v Speaker 1>who didn't wear masks, or you know, people who go

0:22:41.876 --> 0:22:45.036
<v Speaker 1>to the Trump rallies or go to Rose Garden ceremonies,

0:22:45.156 --> 0:22:47.476
<v Speaker 1>you know that you'd be more likely to have a

0:22:47.556 --> 0:22:51.116
<v Speaker 1>higher rate of infections. And that matters because masks aren't

0:22:51.116 --> 0:22:53.516
<v Speaker 1>one hundred percent effective, and so it may be that

0:22:53.556 --> 0:22:56.756
<v Speaker 1>you were exposed to a lesser inoculum than someone who

0:22:56.836 --> 0:22:59.716
<v Speaker 1>was less careful about their care. And you know, there's

0:22:59.756 --> 0:23:02.276
<v Speaker 1>definitely an anoculum effect. The greater the enocuum, the more

0:23:02.476 --> 0:23:04.676
<v Speaker 1>likely to have some modern secure disease. So there's a

0:23:04.676 --> 0:23:06.516
<v Speaker 1>lot to work out. I don't think we're going to

0:23:06.596 --> 0:23:08.836
<v Speaker 1>work a lot of it out before these vaccines are

0:23:08.836 --> 0:23:12.316
<v Speaker 1>already introduced, because we have two hundred and forty thousand

0:23:12.316 --> 0:23:14.636
<v Speaker 1>people that died of this virus this year. You're not

0:23:14.676 --> 0:23:17.716
<v Speaker 1>going to do huge long term trials. You're not, and

0:23:17.716 --> 0:23:20.596
<v Speaker 1>there's going to be whenever you do subsets, there's always

0:23:20.636 --> 0:23:23.636
<v Speaker 1>going to be a loss of statistical strength, and so

0:23:23.796 --> 0:23:25.436
<v Speaker 1>you're just going to take your best guests. I'm on

0:23:25.476 --> 0:23:27.716
<v Speaker 1>the FDAs Vaccine Advisor Committee. These are the questions that

0:23:27.756 --> 0:23:29.716
<v Speaker 1>are going to come before us, probably in the next

0:23:29.756 --> 0:23:33.116
<v Speaker 1>few weeks when we're asked to approve these products through EUA,

0:23:33.156 --> 0:23:34.756
<v Speaker 1>and I think we're going to be looking to approve

0:23:34.796 --> 0:23:37.396
<v Speaker 1>both fisor in Maderna soon. And the other thing is

0:23:37.436 --> 0:23:40.316
<v Speaker 1>I think although ninety four cases was reported by fives

0:23:40.316 --> 0:23:42.356
<v Speaker 1>are in this press release, my sense was they're going

0:23:42.396 --> 0:23:43.876
<v Speaker 1>to have at least one hundred and sixty by the

0:23:43.916 --> 0:23:45.996
<v Speaker 1>time that our committee looks at this and it may

0:23:46.036 --> 0:23:49.956
<v Speaker 1>be also drew from Maderna. So just to clarify the

0:23:49.956 --> 0:23:52.876
<v Speaker 1>EUA as the emergency use authorization, your committee is a

0:23:52.876 --> 0:23:55.716
<v Speaker 1>crucial step because the head of the FDA has said

0:23:55.716 --> 0:23:57.876
<v Speaker 1>they're not going to issue an emergency use authorization unless

0:23:57.916 --> 0:24:00.476
<v Speaker 1>your committee says go for it. So you're an important

0:24:00.556 --> 0:24:03.076
<v Speaker 1>choke point in that structure. When you talk about the

0:24:03.116 --> 0:24:05.156
<v Speaker 1>number ninety four or the number one hundred and sixty,

0:24:05.436 --> 0:24:07.956
<v Speaker 1>clarify what that number refers to for us, Right, So

0:24:08.036 --> 0:24:10.756
<v Speaker 1>what fives are said press releases that they had ninety

0:24:10.756 --> 0:24:14.116
<v Speaker 1>four illnesses among participants and that the vaccine was ninety

0:24:14.156 --> 0:24:16.556
<v Speaker 1>percent effective roughly, So we don't really know the numbers, yeah,

0:24:16.596 --> 0:24:18.796
<v Speaker 1>but let's make them up. Let's assume then that there

0:24:18.796 --> 0:24:21.396
<v Speaker 1>were eighty six cases in the placebo group in eight

0:24:21.436 --> 0:24:24.716
<v Speaker 1>cases in the vaccine group, so that would be ninety

0:24:24.756 --> 0:24:28.196
<v Speaker 1>percent protection. And just to clarify, that's out of forty

0:24:28.316 --> 0:24:32.236
<v Speaker 1>four thousand people, twenty two thousand of whom got the vaccine,

0:24:32.276 --> 0:24:33.996
<v Speaker 1>twenty two thousand of whom did not get the vaccine.

0:24:34.036 --> 0:24:36.476
<v Speaker 1>Because it has to have been evenly divided, right, at least,

0:24:36.476 --> 0:24:40.276
<v Speaker 1>that's a normal practice, that's right, so of forty four

0:24:40.276 --> 0:24:43.876
<v Speaker 1>thousand people, twenty two thousand get the vaccine, eight of

0:24:43.916 --> 0:24:49.436
<v Speaker 1>them get sick roughly on this reconstruction, and only eighty

0:24:49.516 --> 0:24:54.556
<v Speaker 1>six people get the virus of twenty two thousand people

0:24:54.596 --> 0:24:57.636
<v Speaker 1>who are not vaccinated. I mean that is stunningly small

0:24:57.676 --> 0:25:00.396
<v Speaker 1>degree of the number of people, isn't it weirdly small?

0:25:00.516 --> 0:25:02.436
<v Speaker 1>That's why I sort of had mentioned before that they

0:25:02.516 --> 0:25:05.316
<v Speaker 1>may be much more likely to protect themselves by it. It

0:25:05.236 --> 0:25:07.316
<v Speaker 1>It means because we're not helpless here, I mean hygienic

0:25:07.316 --> 0:25:10.436
<v Speaker 1>measures who work, so that maybe that's what's going on.

0:25:11.116 --> 0:25:13.676
<v Speaker 1>If that were true, if your hypothesis were correct, then

0:25:13.716 --> 0:25:17.596
<v Speaker 1>maybe this vaccine is a lot less than effective. That's

0:25:17.916 --> 0:25:19.356
<v Speaker 1>a good point. I think it was your point. I

0:25:19.356 --> 0:25:21.836
<v Speaker 1>didn't mean it to you my point. Then I agree

0:25:21.876 --> 0:25:24.076
<v Speaker 1>with my point. Let's assume, just theoretically, that there were

0:25:24.076 --> 0:25:26.036
<v Speaker 1>eight people in the vaccine group who got sick. Those

0:25:26.076 --> 0:25:27.956
<v Speaker 1>are the people you learn the most from, because you'll

0:25:27.956 --> 0:25:29.956
<v Speaker 1>know whether or not they had an immune response what

0:25:30.036 --> 0:25:31.916
<v Speaker 1>you thought was going to be an adequate immune response

0:25:31.956 --> 0:25:34.636
<v Speaker 1>to the vaccine, if they didn't, if they had didn't

0:25:34.636 --> 0:25:36.916
<v Speaker 1>have a very good neutralizing handibody response I e. And

0:25:36.916 --> 0:25:40.356
<v Speaker 1>antibody response that neutralized virus and effectivity. Then you may

0:25:40.396 --> 0:25:43.396
<v Speaker 1>have an immunological marker. You can say that, look, if

0:25:43.436 --> 0:25:45.676
<v Speaker 1>you don't have this sort of level of immunity in

0:25:45.756 --> 0:25:48.076
<v Speaker 1>response to the vaccine, you may not be protected. On

0:25:48.116 --> 0:25:50.276
<v Speaker 1>the other hand, they may have had an a perfectly

0:25:50.276 --> 0:25:53.276
<v Speaker 1>adequate neutralizing antibode response, in which case you can say,

0:25:53.716 --> 0:25:55.996
<v Speaker 1>maybe the immune response that we thought was associated with

0:25:56.036 --> 0:25:59.036
<v Speaker 1>protection isn't clearly associated with protection. And then it's a

0:25:59.036 --> 0:26:01.076
<v Speaker 1>matter of looking at who those people were the god sick.

0:26:01.156 --> 0:26:03.756
<v Speaker 1>Were they more likely to be over sixty five, did

0:26:03.756 --> 0:26:06.316
<v Speaker 1>they have other healthcare problems, were they of a particular

0:26:06.596 --> 0:26:08.876
<v Speaker 1>racial or ethnic background. That's where you learn the most

0:26:09.156 --> 0:26:12.356
<v Speaker 1>people that got the vaccine still got sick. Should we,

0:26:12.516 --> 0:26:15.716
<v Speaker 1>on the more positive front, have a pretty good indication

0:26:16.116 --> 0:26:19.156
<v Speaker 1>of the lack of bad side effects if twenty two

0:26:19.156 --> 0:26:22.436
<v Speaker 1>thousand people have gotten the vaccine, because presumably if there

0:26:22.436 --> 0:26:25.356
<v Speaker 1>were any really meaningfully bad side effects, we would have

0:26:25.396 --> 0:26:27.676
<v Speaker 1>seen them in this population. That's right. And if you

0:26:27.716 --> 0:26:31.076
<v Speaker 1>look historically at the side effects that have been associated

0:26:31.076 --> 0:26:33.556
<v Speaker 1>with vaccines, whether it's sort of polio from the ro

0:26:33.636 --> 0:26:36.956
<v Speaker 1>polio vaccine or so called vicerotropic disease, which is to say,

0:26:37.036 --> 0:26:41.036
<v Speaker 1>yellow fever following the yellow fever vaccine, or Gambera syndrome,

0:26:41.036 --> 0:26:43.916
<v Speaker 1>which is the ascending paralysis that occurs very rarely after

0:26:43.956 --> 0:26:46.556
<v Speaker 1>flu vaccine, and all of which are extremely rare, and

0:26:46.636 --> 0:26:48.956
<v Speaker 1>they all occur really within six weeks of getting a dose.

0:26:48.996 --> 0:26:50.796
<v Speaker 1>So and the way these trials are now being set

0:26:50.876 --> 0:26:53.476
<v Speaker 1>up is that you can't get in EUA unless you

0:26:53.516 --> 0:26:55.876
<v Speaker 1>follow at least half of the population who was vaccinated

0:26:55.916 --> 0:26:59.116
<v Speaker 1>at least two months after dose two. So what that'll

0:26:59.156 --> 0:27:00.756
<v Speaker 1>tell you is that at least as far as you

0:27:00.836 --> 0:27:04.876
<v Speaker 1>know that you don't have a relatively uncommon severe side effect.

0:27:05.076 --> 0:27:08.036
<v Speaker 1>But twenty thousand people isn't twenty million people. I once

0:27:08.076 --> 0:27:10.436
<v Speaker 1>you put the vaccine out there in twenty million people,

0:27:10.556 --> 0:27:12.476
<v Speaker 1>there may be a very rare side effect that the

0:27:12.556 --> 0:27:14.396
<v Speaker 1>cursent say one in a million people or one in

0:27:14.396 --> 0:27:16.516
<v Speaker 1>five hundred thousand people, that you're not going to pick

0:27:16.596 --> 0:27:19.036
<v Speaker 1>up pre approval. But the good news is there are

0:27:19.076 --> 0:27:22.076
<v Speaker 1>systems in place, like the Vaccine Adverse Events Reporting System,

0:27:22.196 --> 0:27:24.596
<v Speaker 1>or like the Vaccine Safety Data Link, which will pick

0:27:24.636 --> 0:27:26.596
<v Speaker 1>that up and have picked that up in the past.

0:27:26.596 --> 0:27:28.356
<v Speaker 1>So I think people can be reassured that you're looking

0:27:28.356 --> 0:27:30.556
<v Speaker 1>to remember a choice not to get a vaccine. It's

0:27:30.556 --> 0:27:32.636
<v Speaker 1>not a risk free choice. It's just a choice to

0:27:32.676 --> 0:27:34.956
<v Speaker 1>take a different risk. And the question is when do

0:27:34.956 --> 0:27:37.236
<v Speaker 1>you know enough to say that I think that we

0:27:37.356 --> 0:27:41.036
<v Speaker 1>have mitigated a critical amount of risk associated with this vaccine.

0:27:41.036 --> 0:27:43.636
<v Speaker 1>Should I feel better say, as an over sixty five

0:27:43.716 --> 0:27:46.916
<v Speaker 1>year old that ten thousand people are five thousand people

0:27:46.916 --> 0:27:48.836
<v Speaker 1>who are three thousand people who've been vaccinated with the

0:27:48.916 --> 0:27:52.196
<v Speaker 1>vaccine safely knowing that if I get infected with this virus,

0:27:52.236 --> 0:27:54.836
<v Speaker 1>I have a higher chance of dying. It's always a

0:27:54.836 --> 0:27:56.516
<v Speaker 1>matter of risk benefit, and I don't think people see

0:27:56.516 --> 0:27:58.076
<v Speaker 1>it that way. They think that I'm just going to

0:27:58.156 --> 0:28:00.556
<v Speaker 1>take the conservative thing and I'm just going to wait,

0:28:00.836 --> 0:28:03.836
<v Speaker 1>And you know, while you're waiting, you may get infected. Now,

0:28:03.876 --> 0:28:06.276
<v Speaker 1>as you wait, more and more people will get vaccinated,

0:28:06.476 --> 0:28:08.716
<v Speaker 1>and then you have a much bigger platform in which

0:28:08.756 --> 0:28:11.756
<v Speaker 1>to say, I think there really isn't a safety issue here,

0:28:11.996 --> 0:28:15.636
<v Speaker 1>but while you wait, you might suffer the consequences. You've

0:28:15.636 --> 0:28:18.996
<v Speaker 1>just replicated the conversation I have had with my parents recently,

0:28:19.276 --> 0:28:22.196
<v Speaker 1>who are definitely over sixty five. And so I want

0:28:22.236 --> 0:28:24.356
<v Speaker 1>to ask you if you're willing to share what your

0:28:24.436 --> 0:28:27.596
<v Speaker 1>view is of the cost benefit here. I mean, my takeaway,

0:28:27.876 --> 0:28:29.956
<v Speaker 1>and this is what I said to my parents, is

0:28:29.956 --> 0:28:32.956
<v Speaker 1>that because you're in an age group, and they also

0:28:33.036 --> 0:28:36.396
<v Speaker 1>live in New York where if you were to become infected,

0:28:36.756 --> 0:28:40.236
<v Speaker 1>your health outcomes are not great, even with the new

0:28:40.276 --> 0:28:42.316
<v Speaker 1>treatments that are available. I mean, I said it more

0:28:42.316 --> 0:28:44.316
<v Speaker 1>bluntly like that. I said, you know, if you're infected

0:28:44.316 --> 0:28:47.036
<v Speaker 1>and you're over this age, the danger that you could

0:28:47.076 --> 0:28:50.516
<v Speaker 1>become sick and even die is really very high. Therefore,

0:28:50.916 --> 0:28:55.276
<v Speaker 1>I argued, being conservative and waiting in this instance would

0:28:55.276 --> 0:28:58.556
<v Speaker 1>make no sense at all measured by cost benefit, because

0:28:58.556 --> 0:29:00.956
<v Speaker 1>although it's nice in general to be cautious about healthcare,

0:29:01.196 --> 0:29:03.916
<v Speaker 1>in this instance, the side effects have not been shown

0:29:03.956 --> 0:29:06.236
<v Speaker 1>to be particularly bad, and if they were in existence,

0:29:06.236 --> 0:29:08.916
<v Speaker 1>they would be of tiny probability, and it would be

0:29:08.996 --> 0:29:11.716
<v Speaker 1>of very very very minuscule probability that you could be

0:29:11.996 --> 0:29:14.476
<v Speaker 1>so ill as to die from those side effects, whereas

0:29:14.476 --> 0:29:17.316
<v Speaker 1>if you get the virus the possibilities are much greater.

0:29:17.756 --> 0:29:21.196
<v Speaker 1>So that was my argument. I'm wondering was I right?

0:29:21.316 --> 0:29:22.916
<v Speaker 1>I mean, I hope I was right, But if I wasn't,

0:29:23.076 --> 0:29:24.556
<v Speaker 1>I want to know that. So I can take it back.

0:29:25.356 --> 0:29:27.196
<v Speaker 1>What would you say to someone in that situation. No,

0:29:27.276 --> 0:29:29.836
<v Speaker 1>I agree with you completely. I think that's exactly the argument.

0:29:29.956 --> 0:29:32.156
<v Speaker 1>You know, when you do vaccine trials and you go

0:29:32.236 --> 0:29:34.356
<v Speaker 1>from phase one trials of twenty two hundred people to

0:29:34.396 --> 0:29:36.556
<v Speaker 1>face through trials of several hundred people, to face three

0:29:36.556 --> 0:29:38.756
<v Speaker 1>trials of tens of thousands of peach people. Every time

0:29:38.796 --> 0:29:40.996
<v Speaker 1>you do that, you mitigate risk, you lessen the risk.

0:29:41.796 --> 0:29:44.956
<v Speaker 1>You never eliminate the risk, you never know everything. I mean,

0:29:44.996 --> 0:29:47.156
<v Speaker 1>one of the real dangers here is that we could

0:29:47.236 --> 0:29:49.596
<v Speaker 1>have a scenario where we have a pretty darn good

0:29:49.676 --> 0:29:54.476
<v Speaker 1>vaccine that's pretty darn safe, and yet there's some significant

0:29:54.516 --> 0:29:57.476
<v Speaker 1>part of the population that refuses to take it. I

0:29:57.516 --> 0:29:59.316
<v Speaker 1>think what's going to happen Because this vaccine, it's not

0:29:59.316 --> 0:30:01.636
<v Speaker 1>going to be recommended for the general population. Initially, it'll

0:30:01.636 --> 0:30:06.156
<v Speaker 1>be recommended for certain groups like healthcare workers and transportation workers, etc.

0:30:06.516 --> 0:30:08.636
<v Speaker 1>Those groups will start to get that vaccine, and then

0:30:08.636 --> 0:30:11.196
<v Speaker 1>you'll see millions of people have been vaccinated, and then

0:30:11.196 --> 0:30:13.796
<v Speaker 1>you'll see that they're happy they've been vaccinated, that there's

0:30:13.796 --> 0:30:16.156
<v Speaker 1>no serious side effect. You may start to see an

0:30:16.196 --> 0:30:19.516
<v Speaker 1>instance of cases and hospitalizations and deaths start to decrease,

0:30:19.676 --> 0:30:21.476
<v Speaker 1>and people will see that the vaccine is having a

0:30:21.516 --> 0:30:24.956
<v Speaker 1>positive effect, and that, I think, which assure people that

0:30:25.156 --> 0:30:27.236
<v Speaker 1>there doesn't seem to be a problem, and there'll be

0:30:27.276 --> 0:30:30.636
<v Speaker 1>more and more confident in getting the vaccine overtime. So

0:30:30.676 --> 0:30:33.476
<v Speaker 1>that's the happy story, and I desperately hope that you're right.

0:30:34.156 --> 0:30:37.236
<v Speaker 1>One of the reasons I always think that anti vaccination

0:30:37.516 --> 0:30:40.796
<v Speaker 1>people manage to have the effect that they do have

0:30:41.116 --> 0:30:43.836
<v Speaker 1>is that they're often free riding. You know that, in effect,

0:30:43.876 --> 0:30:46.476
<v Speaker 1>there are some diseases that are the prevalences which is

0:30:46.516 --> 0:30:49.156
<v Speaker 1>so low as a result or broad vaccination that some

0:30:49.196 --> 0:30:50.996
<v Speaker 1>people say, well, I'm not going to get the vaccine

0:30:51.036 --> 0:30:52.276
<v Speaker 1>and watch, I'm not going to get sick, And they

0:30:52.356 --> 0:30:55.356
<v Speaker 1>might not get sick because the vaccine has effectively reduced

0:30:55.356 --> 0:30:56.996
<v Speaker 1>the prevalence of the disease such that they're not very

0:30:56.996 --> 0:30:59.836
<v Speaker 1>likely to be exposed. Is there a danger of that

0:30:59.956 --> 0:31:02.876
<v Speaker 1>kind of a perceived free rider effect if the first

0:31:02.916 --> 0:31:06.036
<v Speaker 1>responders and others and healthcare workers get the vaccine, if

0:31:06.116 --> 0:31:09.396
<v Speaker 1>numbers start to go down, and then some people say, well,

0:31:09.476 --> 0:31:11.316
<v Speaker 1>now that it's going down, I don't need to be vaccinated.

0:31:11.836 --> 0:31:15.316
<v Speaker 1>I mean, we eliminated measles in the United States. By

0:31:15.356 --> 0:31:18.236
<v Speaker 1>the year two thousand, it's come back because a critical

0:31:18.316 --> 0:31:20.596
<v Speaker 1>number of parents have chosen not to vaccinate their children

0:31:20.636 --> 0:31:22.556
<v Speaker 1>for just that reason. I think they figure, what the

0:31:22.596 --> 0:31:25.396
<v Speaker 1>hell everybody around me is being vaccinated, Why should I

0:31:25.396 --> 0:31:28.276
<v Speaker 1>take the risk and I'll still be protected. When enough

0:31:28.316 --> 0:31:31.716
<v Speaker 1>people make that decision, then the virus thrives. And you

0:31:31.796 --> 0:31:33.636
<v Speaker 1>had a handful of children who were in the Intensive

0:31:33.636 --> 0:31:37.996
<v Speaker 1>care Union in New York hospitals because of severe measles,

0:31:38.036 --> 0:31:40.636
<v Speaker 1>because the parents had made the decision to frankly put

0:31:40.636 --> 0:31:42.996
<v Speaker 1>their children unnecessary risk. And you know, you are a

0:31:43.036 --> 0:31:45.596
<v Speaker 1>member of society. I don't think it's your right to

0:31:45.636 --> 0:31:48.156
<v Speaker 1>catch and transmitted potentially fatal infection. I think you owe

0:31:48.196 --> 0:31:50.356
<v Speaker 1>it not only to yourself or to your children eventually,

0:31:50.356 --> 0:31:51.996
<v Speaker 1>but to the people with whom you come in contact.

0:31:51.996 --> 0:31:54.196
<v Speaker 1>We're remembering that there's five hundred thousand people in this

0:31:54.236 --> 0:31:57.076
<v Speaker 1>country who can't be vaccinated. There can't be vaccinated because

0:31:57.116 --> 0:31:59.956
<v Speaker 1>they're getting cancer chemotherapy, and then some instances now they're

0:31:59.996 --> 0:32:02.196
<v Speaker 1>not going to be vaccinated because they're too young. They

0:32:02.236 --> 0:32:05.796
<v Speaker 1>can't be vaccinated because they're getting biologicals for their chronic diseases.

0:32:05.876 --> 0:32:08.916
<v Speaker 1>So do you have a responsibility to them the answer

0:32:08.956 --> 0:32:12.036
<v Speaker 1>to I mean, in our hospital Children's Hospital of Philadelphia,

0:32:12.156 --> 0:32:14.676
<v Speaker 1>every year we ask our healthcare workers to get a

0:32:14.676 --> 0:32:17.076
<v Speaker 1>flu vaccine. Not just healthcare workers, anybody who could walk

0:32:17.076 --> 0:32:20.956
<v Speaker 1>in the room, dietary, environmental services, anybody. Because you are

0:32:21.116 --> 0:32:24.156
<v Speaker 1>working in a hospital of vulnerable children and it is

0:32:24.196 --> 0:32:27.636
<v Speaker 1>therefore your responsibility to make sure that you protect them. Well,

0:32:27.636 --> 0:32:30.156
<v Speaker 1>you could make the same argument in society. As a

0:32:30.196 --> 0:32:32.956
<v Speaker 1>member of society, it's your obligation to protect those around.

0:32:33.756 --> 0:32:35.276
<v Speaker 1>Could you just say a word about the half a

0:32:35.276 --> 0:32:37.916
<v Speaker 1>million people who we can't vaccinate and what the reasons are,

0:32:38.076 --> 0:32:40.716
<v Speaker 1>what's not safe for them to have their vaccine. Five

0:32:40.836 --> 0:32:44.076
<v Speaker 1>hundred thousand people in this country are receiving biologicals, you know,

0:32:44.196 --> 0:32:47.716
<v Speaker 1>things like monoclonal antibodies, because they have chronic disease, because

0:32:47.756 --> 0:32:50.716
<v Speaker 1>they have psoriasis or arthritis or whatever. And a lot

0:32:50.716 --> 0:32:53.036
<v Speaker 1>of people who are on chemotherapy for cancer, they too

0:32:53.076 --> 0:32:55.276
<v Speaker 1>can't get vaccines because it wouldn't work in them because

0:32:55.276 --> 0:32:57.636
<v Speaker 1>their immune systems are suppressed. Some people are born with

0:32:57.676 --> 0:33:00.796
<v Speaker 1>immune systems that don't work. So that involves about five

0:33:00.876 --> 0:33:04.196
<v Speaker 1>hundred thousand people in this population. Roughly three hundred and

0:33:04.196 --> 0:33:07.396
<v Speaker 1>thirty million, And they depend on the herd. They depend

0:33:07.436 --> 0:33:09.556
<v Speaker 1>on those around them to protect them. And when the

0:33:09.596 --> 0:33:12.316
<v Speaker 1>herd says I don't care about you, they're the ones

0:33:12.356 --> 0:33:15.236
<v Speaker 1>who are often the first to suffer these diseases. Last,

0:33:15.236 --> 0:33:17.316
<v Speaker 1>but not least. What's it kind of feel like in

0:33:17.356 --> 0:33:19.716
<v Speaker 1>the room when your committee meets? What does it usually

0:33:19.716 --> 0:33:21.276
<v Speaker 1>feel like when you're committee meets. I guess it'll be

0:33:21.356 --> 0:33:24.836
<v Speaker 1>virtual because of COVID. Well, we've never had a meeting

0:33:24.876 --> 0:33:26.476
<v Speaker 1>like this, I mean normally, what does it feel like

0:33:26.476 --> 0:33:28.596
<v Speaker 1>in the room. Normally it's it's a group of sort

0:33:28.636 --> 0:33:31.996
<v Speaker 1>of you know, nerdy virologists like myself sitting around talking

0:33:31.996 --> 0:33:34.076
<v Speaker 1>about what flu strange we're going to pick for the

0:33:34.196 --> 0:33:36.596
<v Speaker 1>vaccines for next year. So we haven't at least in

0:33:36.596 --> 0:33:39.636
<v Speaker 1>the last couple of years, licensed a new vaccine that's

0:33:39.636 --> 0:33:41.556
<v Speaker 1>going to be what's happening here, and it's opened to

0:33:41.596 --> 0:33:43.836
<v Speaker 1>the public. Anybody can come to those meetings. But if

0:33:43.876 --> 0:33:46.356
<v Speaker 1>you went to our flu meeting, you'd be bored to death.

0:33:46.436 --> 0:33:49.116
<v Speaker 1>Most likely. We don't have big crowds there. On the

0:33:49.116 --> 0:33:51.476
<v Speaker 1>other hand, when we had our first meeting of the

0:33:51.516 --> 0:33:54.156
<v Speaker 1>FDA's Vaccine Advisor committee regarding these vaccines. It was on

0:33:54.196 --> 0:33:57.476
<v Speaker 1>October twenty second, just to see what criteria we would

0:33:57.516 --> 0:34:01.356
<v Speaker 1>be happy with for approving a vaccine under emergency use authorization,

0:34:01.396 --> 0:34:04.236
<v Speaker 1>and that was televised. I mean, that was on c

0:34:04.396 --> 0:34:06.436
<v Speaker 1>SPAN because there was a lot of interest in seeing it.

0:34:06.556 --> 0:34:08.836
<v Speaker 1>And here again, when we meet, and I suspect we're

0:34:08.836 --> 0:34:10.516
<v Speaker 1>going to be in December, and I suspect we're going

0:34:10.596 --> 0:34:12.596
<v Speaker 1>to be meeting more than once in December and January,

0:34:12.916 --> 0:34:16.396
<v Speaker 1>that too will be televised and people can have public comment,

0:34:16.476 --> 0:34:20.036
<v Speaker 1>because that's true of any federal advisory committee meeting. Those

0:34:20.116 --> 0:34:21.876
<v Speaker 1>have to be open to the public, which is great

0:34:21.916 --> 0:34:24.076
<v Speaker 1>because I think then the public will see the data

0:34:24.116 --> 0:34:25.596
<v Speaker 1>in the same way we see the data, so it

0:34:25.636 --> 0:34:28.796
<v Speaker 1>shouldn't be an issue of transparency. Paul, I just want

0:34:28.796 --> 0:34:31.156
<v Speaker 1>to thank you for your important work with you luck

0:34:31.196 --> 0:34:33.876
<v Speaker 1>in these meetings, and really I just deeply appreciate the

0:34:33.876 --> 0:34:36.756
<v Speaker 1>clarification and the listeners do too, so thank you. Thank

0:34:36.796 --> 0:34:45.036
<v Speaker 1>you very much. That was fun. I appreciate it. I

0:34:45.196 --> 0:34:47.676
<v Speaker 1>learned many fascinating things in the course of my conversation

0:34:47.796 --> 0:34:50.156
<v Speaker 1>with doctor Offitt. The first had to do with the

0:34:50.196 --> 0:34:53.036
<v Speaker 1>basic science, which we've talked about before on this podcast.

0:34:53.436 --> 0:34:56.556
<v Speaker 1>To me, they takeaway here is that mRNA vaccines like

0:34:56.756 --> 0:35:00.236
<v Speaker 1>visors and madernas do not pose the traditional risk of

0:35:00.276 --> 0:35:03.436
<v Speaker 1>actually infecting people with the virus because they're not introducing

0:35:03.476 --> 0:35:07.316
<v Speaker 1>the virus at all into the human system. That seems

0:35:07.356 --> 0:35:11.356
<v Speaker 1>like a very positive fact. Simultaneously, it is true that

0:35:11.396 --> 0:35:14.156
<v Speaker 1>these vaccines may have the side effect on many people

0:35:14.236 --> 0:35:17.596
<v Speaker 1>of giving them twenty four hours of fever and chills,

0:35:17.716 --> 0:35:19.796
<v Speaker 1>and we need to be aware of that and recognize

0:35:19.836 --> 0:35:22.676
<v Speaker 1>that will not be a symptom of COVID. To the contrary,

0:35:22.716 --> 0:35:26.076
<v Speaker 1>it's a symptom that the vaccine is actually doing its work.

0:35:26.796 --> 0:35:30.196
<v Speaker 1>Another crucial takeaway is that the difficulty of delivering at

0:35:30.276 --> 0:35:33.076
<v Speaker 1>least the Fiser vaccine, which has to be stored at

0:35:33.076 --> 0:35:38.516
<v Speaker 1>seventy degrees below zero centigrade, will be very significant. The

0:35:38.556 --> 0:35:41.716
<v Speaker 1>practical difficulty of administering a vaccine that has to be

0:35:41.796 --> 0:35:44.756
<v Speaker 1>kept so cold is going to require, according to doctor Offit,

0:35:44.836 --> 0:35:48.556
<v Speaker 1>the development of new delivery systems and potentially even new

0:35:48.596 --> 0:35:52.916
<v Speaker 1>facilities for doing this. Mr Anda vaccines can be produced

0:35:52.916 --> 0:35:55.996
<v Speaker 1>extremely fast, but their distribution is going to be a

0:35:56.036 --> 0:36:00.236
<v Speaker 1>more subtle matter. A further consequence of my conversation with

0:36:00.316 --> 0:36:02.796
<v Speaker 1>Doctor offit is that I learned that there are half

0:36:02.836 --> 0:36:05.036
<v Speaker 1>a million people in the United States. I didn't know

0:36:05.116 --> 0:36:08.196
<v Speaker 1>that number who are not able to take a vaccine

0:36:08.236 --> 0:36:11.236
<v Speaker 1>of any kind, and therefore are dependent on the rest

0:36:11.276 --> 0:36:13.716
<v Speaker 1>of us to make sure that we take the vaccine,

0:36:13.916 --> 0:36:16.636
<v Speaker 1>to reduce the prevalence of the virus, and to protect

0:36:16.636 --> 0:36:21.316
<v Speaker 1>them via protection of the herd. Last, but by no

0:36:21.436 --> 0:36:24.956
<v Speaker 1>means least, is Doctor Office assessment that if the data

0:36:25.036 --> 0:36:27.956
<v Speaker 1>turn out to be what we've heard from the press release,

0:36:28.356 --> 0:36:31.876
<v Speaker 1>the cost benefit analysis will indicate clearly that people should

0:36:32.116 --> 0:36:35.276
<v Speaker 1>take the vaccine, and that that will be especially true

0:36:35.356 --> 0:36:38.956
<v Speaker 1>of older people who would be very vulnerable to serious,

0:36:39.036 --> 0:36:42.516
<v Speaker 1>serious illness and even death should they catch the stars

0:36:42.556 --> 0:36:46.116
<v Speaker 1>Cove two virus. For me and from my family, that

0:36:46.196 --> 0:36:50.276
<v Speaker 1>takeaway is hugely significant, and I intend to repeat it

0:36:50.396 --> 0:36:54.716
<v Speaker 1>to anyone who will listen. We at Deep Background will

0:36:54.756 --> 0:36:57.396
<v Speaker 1>be taking a Thanksgiving break, so we won't have an

0:36:57.396 --> 0:37:00.156
<v Speaker 1>episode for you next week, but we will be back

0:37:00.396 --> 0:37:03.836
<v Speaker 1>after Thanksgiving. Until the next time I speak to you,

0:37:04.396 --> 0:37:09.356
<v Speaker 1>be careful, be safe, and be well. Deep back Ground

0:37:09.396 --> 0:37:11.996
<v Speaker 1>is brought to you by Pushkin Industries. Our producer is

0:37:12.036 --> 0:37:15.836
<v Speaker 1>Lydia Gencott. Our engineer is Martin Gonzalez, and our showrunner

0:37:15.956 --> 0:37:19.756
<v Speaker 1>is Sophie Crane mckibbon. Theme music by Luis Gera at Pushkin.

0:37:19.996 --> 0:37:23.436
<v Speaker 1>Thanks to Mia Lobell, Julia Barton, Heather Faine, Carlie mcgliori,

0:37:23.556 --> 0:37:26.996
<v Speaker 1>Maggie Taylor, Eric Sandler, and Jacob Weisberg. You can find

0:37:26.996 --> 0:37:29.596
<v Speaker 1>me on Twitter at Noah Arfeld. I also write a

0:37:29.596 --> 0:37:32.316
<v Speaker 1>column for Bloomberg Opinion, which you can find at bloomberg

0:37:32.356 --> 0:37:36.596
<v Speaker 1>dot com slash Feldman. To discover Bloomberg's original slate of podcasts,

0:37:36.756 --> 0:37:40.036
<v Speaker 1>go to Bloomberg dot com slash podcasts, and if you

0:37:40.116 --> 0:37:42.476
<v Speaker 1>liked what you heard today, please write a review or

0:37:42.516 --> 0:37:44.796
<v Speaker 1>tell a friend. This is deep background