WEBVTT - What We Can't Know About a Vaccine

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<v Speaker 1>Welcome to Prognosis. I'm Laura Carlson. It's day two d

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<v Speaker 1>and one since coronavirus was declared a global pandemic. Today's

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<v Speaker 1>main story headlines about new vaccine candidates drop nearly every day,

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<v Speaker 1>But because the development process is moving at superspeed, there's

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<v Speaker 1>a lot we just can't know about the new crop

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<v Speaker 1>of potential inoculations. But first, here's what happened in virus

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<v Speaker 1>news today. German Chancellor Angela Merkel is warning that the

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<v Speaker 1>country may see a coronavirus surge by Christmas. Merkel said

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<v Speaker 1>today that Germany will face more than nineteen thousand new

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<v Speaker 1>COVID nineteen cases a day by the end of December

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<v Speaker 1>if the current trend in infections isn't halted. The country

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<v Speaker 1>recorded about eleven thousand cases last week. Merkel told leaders

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<v Speaker 1>of her party that the country must act quickly to

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<v Speaker 1>avoid the same rapid rise in cases as neighboring countries

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<v Speaker 1>such as France, which has been reporting an average of

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<v Speaker 1>about twelve thousand cases each day. Moscow has started to

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<v Speaker 1>reopen temporary hospital wards after daily coronavirus infections in the

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<v Speaker 1>Russian capital Sword. The capital is the epicenter of the

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<v Speaker 1>virus in Russia. City Hall ordered eight Moscow hospitals to

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<v Speaker 1>re equip themselves to handle patients by early next week.

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<v Speaker 1>According to the inter Facts news service, Moscow began demobilizing

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<v Speaker 1>its temporary wards in late May. Finally, Hong Kong's latest

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<v Speaker 1>coronavirus wave is showing signs of subsiding after months of

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<v Speaker 1>social distancing measures. The country posted single digit increases in

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<v Speaker 1>cases for seven of the last eight days. That has

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<v Speaker 1>pushed the rolling seven day average daily infection rate down

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<v Speaker 1>to about five the lowest since the end of June.

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<v Speaker 1>And now for today's main story, the race for a

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<v Speaker 1>COVID nineteen vaccine entered a new phase. Recently, four different

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<v Speaker 1>vaccine candidates developed by Moderna, Fiser, bio ent Tech, and

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<v Speaker 1>Johnson and Johnson entered final stage trials, with two others

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<v Speaker 1>close behind. But we won't know exactly how these four

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<v Speaker 1>vaccines work for months. I spoke to reporter Robert Langrath

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<v Speaker 1>about what we can and more importantly, what we can't

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<v Speaker 1>know about a vaccine developed at breakneckt speed give us

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<v Speaker 1>a broad overview of some of the major differences among

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<v Speaker 1>the front runners right now in the race to develop

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<v Speaker 1>a COVID nineteen vaccine. Yeah, so there are a variety

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<v Speaker 1>of different vaccines that are now in the final state

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<v Speaker 1>trials in the United States for COVID nineteen. Two of

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<v Speaker 1>the vaccine front runners are so called a messenger RNA vaccines.

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<v Speaker 1>And those two vaccines that use that very new technology

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<v Speaker 1>messenger RNA are the ones from maderna US biotech company

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<v Speaker 1>and from the big drug giant Fightser, and they are

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<v Speaker 1>both very far along and testing and could have results

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<v Speaker 1>early results from a phase three trial trials plural in

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<v Speaker 1>a month or so. They're both two shot vaccines. Most

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<v Speaker 1>of the first vaccines are two shot vaccines, meaning you'll

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<v Speaker 1>get you'll need to take two shots of the vaccine

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<v Speaker 1>spread out over three or four weeks in order to

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<v Speaker 1>potentially have some protection from the virus. And then the

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<v Speaker 1>third vaccine that's in final stage trial now in the

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<v Speaker 1>US is a vaccine that's based on a cold virus

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<v Speaker 1>called adnovirus that is from astro Zenica and University of Oxford,

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<v Speaker 1>and that that cold virus based vaccine. It's based on

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<v Speaker 1>a monkey cold virus that basically can't replicate in the

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<v Speaker 1>body but helps bring in the coronavirus spike protein in

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<v Speaker 1>and in the fourth vaccine in final stage trials in

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<v Speaker 1>the US that is also based on adnovirus, a type

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<v Speaker 1>of common cold virus. And again, UH, this is one

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<v Speaker 1>that's been altered so it cannot replicate in the body.

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<v Speaker 1>And that's the J and J vaccine, and that just

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<v Speaker 1>began final stage trial in the United States and other

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<v Speaker 1>countries on sixty people. And the big difference with this

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<v Speaker 1>vaccine is that J and J says and may be

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<v Speaker 1>able to have efficacy with just one shot. So this

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<v Speaker 1>is gonna be the first attempt at a single vaccine

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<v Speaker 1>UH in the United States. And the advantages of a

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<v Speaker 1>single shot vaccine is of course just practical distribution and

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<v Speaker 1>immunization mass immunization advantages. Okay, So among these four front runners,

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<v Speaker 1>obviously everyone is keen for the same goal that their

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<v Speaker 1>vaccine is effective. But in terms of the trials that

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<v Speaker 1>are going on right now, how exactly does one prove

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<v Speaker 1>that a vaccine is effective. So all these trials are

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<v Speaker 1>a placebo controlled trials where a participants healthy volunteers in

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<v Speaker 1>the trials are randomly assigned to either get the vaccine

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<v Speaker 1>or a placebo shot, and then they're basically followed after

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<v Speaker 1>they get their shots for weeks and months to see

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<v Speaker 1>how many patients that got the real vaccine got the

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<v Speaker 1>coronavirus COVID nineteen versus how many patients they got the

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<v Speaker 1>bacebo vaccine at the coronavir IRUs. And the hope is

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<v Speaker 1>UH that these vaccines will reduce the incidents of symptomatic

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<v Speaker 1>COVID nineteen by at least half. That's the hope. That's

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<v Speaker 1>the goal of the trials are hoping to do more

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<v Speaker 1>than half, but the kind of half is sort of

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<v Speaker 1>the minimum, the bare minimum that the Food and Recondministration

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<v Speaker 1>has said it would accept. There's some controversy over whether

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<v Speaker 1>the trials, in a rush to get results, in a

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<v Speaker 1>race to get sooner, are including UH and counting in

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<v Speaker 1>the trials, you know, patients with you know, relatively mild

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<v Speaker 1>or moderate cases and not focusing enough on the more

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<v Speaker 1>severe cases and the kinds we all want to prevent,

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<v Speaker 1>the hospitalizations and I see you visits and the deaths UH,

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<v Speaker 1>and that kind of data will take much longer to collect.

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<v Speaker 1>But what they may get early on in the trials,

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<v Speaker 1>they may get a sense of, you know, how it

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<v Speaker 1>prevents UH somewhat milder cases and mild moderate cases and

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<v Speaker 1>may not know as much about what it does in

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<v Speaker 1>terms of preventing hospitalizations or I SeeU visits, because those,

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<v Speaker 1>of course are very severe events we want to prevent,

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<v Speaker 1>but they're much rarer. And how about how these studies

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<v Speaker 1>can account for, say, diverse populations that a vaccine will

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<v Speaker 1>be effective, and say the elderly or communities of color,

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<v Speaker 1>how is that taken into account. Maderna actually slowed down

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<v Speaker 1>one of the company's Maderna actually said it slowed down

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<v Speaker 1>enrollment of its trials a little bit in order to

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<v Speaker 1>make sure, you know, increased minority representation. I made an

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<v Speaker 1>effort to do that now. Of course, another issue is

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<v Speaker 1>that the coronavirus, as everyone knows now, is you know,

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<v Speaker 1>most severe in the elderly, and that's where you know,

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<v Speaker 1>most of the deaths are occurring. Is what I don't

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<v Speaker 1>think anyone wants is a vaccine that does a great

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<v Speaker 1>job offending mild cases and young people, but you still

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<v Speaker 1>have the deaths and elderly people. That's, you know, a

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<v Speaker 1>nightmare scenario. I don't think anyone wants. So they're trying

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<v Speaker 1>to enroll those people, and we don't just won't know

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<v Speaker 1>yet when the early results come out, you know, how

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<v Speaker 1>much we'll have in terms of detailed results in older people,

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<v Speaker 1>we may you know, not have all that information because

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<v Speaker 1>if the trials, you know, are stocked based on kind

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<v Speaker 1>of early results and symptomatic cases in the large your

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<v Speaker 1>population the trial, it may not have those kind of

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<v Speaker 1>all important subsets to how well does the vaccine do

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<v Speaker 1>an elderly population. Let's talk about accountability. You mentioned the

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<v Speaker 1>requirements of the FDA has put out. What kind of

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<v Speaker 1>data do these drug makers have to provide to say

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<v Speaker 1>that their vaccine is reliable and safe and ready to

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<v Speaker 1>be used. Yeah, well, they certainly have to provide a

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<v Speaker 1>data to the FDA, and there's sort of there's sort

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<v Speaker 1>of a basic minimum requirement that the vaccines be at

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<v Speaker 1>least you know, effective and preventing symptomatic COVID. But how

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<v Speaker 1>do you define the symptoms and how mild a case

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<v Speaker 1>do you kind of include for a point of counting.

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<v Speaker 1>The FISER trials is I would say the most controversial

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<v Speaker 1>among researchers because it includes for the purposes of counting

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<v Speaker 1>coronavirus cases for its primary goal cases and with patients

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<v Speaker 1>have a positive test and just one symptom, so that

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<v Speaker 1>could include you know, a lot of my potentially a

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<v Speaker 1>lot of milder cases, and they could declare a success

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<v Speaker 1>based on that. And then some top researchers are worried

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<v Speaker 1>they might declare success based on you know, mostly milder

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<v Speaker 1>moderate cases and not have many cases that are severe,

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<v Speaker 1>and we won't know how well it works in the

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<v Speaker 1>all important severe cases. So there's a great worry about that.

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<v Speaker 1>But one of the consultants we talked to estimated that

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<v Speaker 1>neither FISER number DIRTA would be likely to have results

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<v Speaker 1>in the more severe kind of hospitalization type cases. Really

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<v Speaker 1>until February, they won't have you know, data, clear cut

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<v Speaker 1>data on that. And it looks like other early results

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<v Speaker 1>may come out as soon potentially as soon as the

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<v Speaker 1>end of October for FISER and probably more like November

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<v Speaker 1>sometime for MODERNA, So you know, it looks like there

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<v Speaker 1>could be decision made on an emergency authorization of vaccine

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<v Speaker 1>based on some of the kind of early results in

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<v Speaker 1>the trial. And it's not really clear how much we're

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<v Speaker 1>gonna know about whether the vaccine early on really prevents

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<v Speaker 1>the severe cases severe complications. It's just it's really unclear

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<v Speaker 1>at this point. So what are the risks of pushing

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<v Speaker 1>through an experimental treatment too fast? Yeah. One one big

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<v Speaker 1>issue with any vaccine UH as safety, right, because there's

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<v Speaker 1>a big, big difference between a vaccine that might be

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<v Speaker 1>given to millions of healthy people, including younger people who

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<v Speaker 1>aren't at severe resee complications. So there's a big difference

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<v Speaker 1>between a vaccine like that's given to very healthy people

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<v Speaker 1>and a drug that's given to coronavirus patients already in

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<v Speaker 1>the ICU. UH. And so in terms of side effects, UH, generally,

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<v Speaker 1>you know, researchers want a lot a lot of data

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<v Speaker 1>on safety. The question is, you know, how much is enough? Uh.

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<v Speaker 1>These trials are large. You know, there are thirty thousand

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<v Speaker 1>people or more, and so that means at least, say

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<v Speaker 1>fifteen thousand people get the vaccine, fifteen thousands get the placebo.

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<v Speaker 1>But in the past, vaccines have been felled, are even

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<v Speaker 1>recalled for pretty rare side effects. These things can pop

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<v Speaker 1>up and then you know, they may be you know,

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<v Speaker 1>things that could occur, even severe events that could occur,

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<v Speaker 1>even like one in ten thousand and so the researchers

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<v Speaker 1>I talked to said that you know, based on a

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<v Speaker 1>trial with thirty patients, we may know about things that

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<v Speaker 1>happen you know, one in a few thousand, we may

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<v Speaker 1>not know about you know, rarer events, a rarer adverse

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<v Speaker 1>events that could happen because of vaccine, you know, until

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<v Speaker 1>later on to more and more people start using it.

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<v Speaker 1>Uh So, you know, safety is something that really needs

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<v Speaker 1>to be looked at, you very carefully. And already there's

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<v Speaker 1>has been this controversy with the Astrosennica vaccine over a

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<v Speaker 1>possible neurologic adverse effects that we're seen in one patient

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<v Speaker 1>in the UK that Assnica says in University Oxfors says

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<v Speaker 1>aren't related to the vaccine. But that's led to the

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<v Speaker 1>trial being on hold in the US while the US

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<v Speaker 1>authorities trying to get more information about what happened in

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<v Speaker 1>this case. What will we be able to know about

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<v Speaker 1>how effective that vaccine is and perhaps more importantly, what

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<v Speaker 1>won't we know? These trials are basically essentially going to show,

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<v Speaker 1>you know, short term efficacy, because that's that's all we're

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<v Speaker 1>gonna have. We're not going to have much information on

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<v Speaker 1>how long does the protection last, and of course that's

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<v Speaker 1>a really key factor. To now is you know, how

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<v Speaker 1>how how long are these vaccines gonna work? And we're

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<v Speaker 1>just not going to have that information early on. And

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<v Speaker 1>of course, the history of coronavirus is the cold, common

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<v Speaker 1>cold coronavirus and other ones, is that the immunity to

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<v Speaker 1>them is your fades over time, over you know, months

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<v Speaker 1>to a year or more, a fade. That's why you

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<v Speaker 1>keep getting common colds again and again and again. Uh

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<v Speaker 1>So there is a precedent for coronavirus is an immunity

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<v Speaker 1>you know, not lasting a long period of time. And

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<v Speaker 1>that's a really key question. It's like, are you gonna

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<v Speaker 1>need to be reimmunized like a once every six months,

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<v Speaker 1>once a year and nobody knows that and we're not

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<v Speaker 1>going to know that when the vaccine comes out. All

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<v Speaker 1>we're really going to have is relatively short term ethicsly

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<v Speaker 1>data that hey, so far, for a couple of months,

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<v Speaker 1>this thing, you know, seems to work or at least partially.

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<v Speaker 1>So that's a really key question that we just there's

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<v Speaker 1>no way we're gonna be able to know that what

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<v Speaker 1>a vaccine has brought out, especially if it's brought out

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<v Speaker 1>early on this fall, based on pretty short term follow

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<v Speaker 1>up that was Robert Langrath, and that's it for our

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<v Speaker 1>show today. For coverage of the outbreak from one hundred

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<v Speaker 1>and twenty bureaus around the world, visit bloomberg dot com

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<v Speaker 1>slash Coronavirus and if you like the show, please leave

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<v Speaker 1>us a review and a rating on Apple Podcasts or Spotify.

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<v Speaker 1>It's the best way to help more listeners find our

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<v Speaker 1>global reporting. The Prognosis Daily Edition is produced by Topher

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<v Speaker 1>foreheads Jordan Gaspure, Magnus Henrickson and me Laura Carlson. Today's

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<v Speaker 1>main story was reported by Robert Langreth. Original music by

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<v Speaker 1>Leo Sidrin. Our editors are Rick Shine and Francesco Levi.

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<v Speaker 1>Francesca Levi is Bloomberg's head of podcasts. Thanks for listening.