WEBVTT - Racing to Update the Vaccines For Variants

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<v Speaker 1>Welcome to Prognosis. I'm Laura Carlson. It's day three d

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<v Speaker 1>and thirty three since coronavirus was declared a global pandemic.

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<v Speaker 1>Today's main story on the heels of developing near miraculous vaccines.

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<v Speaker 1>Drugmakers are scrambling to make booster shots that can fight

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<v Speaker 1>COVID nineteens dangerous new variants. But first, here's what happened

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<v Speaker 1>in virus news today. Some cities in Asia and Europe

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<v Speaker 1>that have endured strict lockdowns are gradually opening up. Hong

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<v Speaker 1>Kong will double the number of people who can eat

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<v Speaker 1>together at a restaurant if the virus remains contained over

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<v Speaker 1>the lunar New Year. Officials who spoke in a a briefing

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<v Speaker 1>on Wednesday said they would also open other venues like

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<v Speaker 1>cinemas and beauty parlors next week. Germany's Angela Merkel proposed

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<v Speaker 1>a gradual reopening today while arguing for the current restrictions

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<v Speaker 1>to remain in place until early March. In Germany, disease

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<v Speaker 1>rates have declined steadily since their December peak, but things

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<v Speaker 1>aren't loosening up everywhere. The Japanese government is planning to

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<v Speaker 1>keep its state of emergency in ten prefectures in place,

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<v Speaker 1>despite earlier reports that it was considering lifting it in

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<v Speaker 1>some areas. According to local broadcaster f n N, officials

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<v Speaker 1>are maintaining restrictions to ease pressure on the medical system.

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<v Speaker 1>Japan will start vaccinations by the middle of next week. Finally,

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<v Speaker 1>Eli Lily combination antibody drug was cleared for emergency use

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<v Speaker 1>by the US Food and Drug Administration. The drug will

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<v Speaker 1>offer doctors a treatment option that is expected to help

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<v Speaker 1>to combat mutations. The FDA authorized the treatment for use

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<v Speaker 1>in COVID positive adults and children twelve and older who

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<v Speaker 1>are at high risk of getting very sick from the disease.

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<v Speaker 1>And now for today's main story. Just two months ago,

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<v Speaker 1>the incredible performance of new vaccines from Moderna and Fighter

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<v Speaker 1>had people cheering for an imminent end to the pandemic.

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<v Speaker 1>But an onslaught of fast spreading and potentially dangerous mutations

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<v Speaker 1>of the virus change that. So now, even as pharma

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<v Speaker 1>companies ramp up production in the early stages of a

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<v Speaker 1>massive rollout, they are racing to retool their vaccines ategies.

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<v Speaker 1>I spoke to health reporter Robert Langrith, who reports that

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<v Speaker 1>booster shots could give drugmakers a lucrative new revenue stream.

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<v Speaker 1>What makes variants of COVID nineteen so problematic when it

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<v Speaker 1>comes to how effective of vaccine might be, say a

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<v Speaker 1>vaccine from MODERNA or Fiser. Yeah, so what's happening out there?

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<v Speaker 1>As you know more than a hundred million people around

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<v Speaker 1>the world who have gotten infected, that essentially means, you know,

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<v Speaker 1>a hundred million chances of mutation, and you accumeate enough

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<v Speaker 1>chances to develop mutation, sometimes the virus will start to

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<v Speaker 1>mutate and evolve in ways that are that are bad

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<v Speaker 1>for us. One way that's happened is that in the

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<v Speaker 1>UK's evolved to be more transmissible, and that is the

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<v Speaker 1>B one one seven strains now rapidly spreading in the US.

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<v Speaker 1>Now that strain seems the vaccines seem to be pretty

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<v Speaker 1>effective against that string. But what people are really worried

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<v Speaker 1>about are some mutations that have occurred in South Africa

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<v Speaker 1>and then some similar ones in Brazil where the virus

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<v Speaker 1>appear to have evolved in a way that may allow

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<v Speaker 1>it to you know, partially escape the effects of current

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<v Speaker 1>vaccines and the strain they're people they're most worried about.

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<v Speaker 1>Uh as to be one three one strain in UH

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<v Speaker 1>South Africa, and in some trials so far where vaccines

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<v Speaker 1>from both Johnson and Johnson and the vaccines from novavacts

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<v Speaker 1>have been tested in South African patients recently that their

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<v Speaker 1>vaccines were less effective in South Africa where that variant

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<v Speaker 1>is common. Now, we don't have direct data on this

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<v Speaker 1>from the Maderna and Fiser vaccines. What we do have

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<v Speaker 1>is data, kind of lab data suggesting that those vaccines

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<v Speaker 1>won't generate as high levels of antibodies against UH, this

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<v Speaker 1>vaccine partially evading strain. Both Maderna and Fightsers still think

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<v Speaker 1>their vaccines will be effective, but they may not be

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<v Speaker 1>you know, quite as powerfully effective. So if it does

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<v Speaker 1>turn out that they are not as effective as they

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<v Speaker 1>had hoped against some of these variants, what are the

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<v Speaker 1>options for drug makers going forward with this problem? The

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<v Speaker 1>problem is the worry is as you know, these these

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<v Speaker 1>these more people get vaccinated with existing vaccines and these

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<v Speaker 1>strains start to spread. You know, these strains could be

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<v Speaker 1>selected for and spread even more widely. And then there's

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<v Speaker 1>an additional worry that there could be you know, they

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<v Speaker 1>could accumulate addition mutations that allow them to even further

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<v Speaker 1>and more more significantly escape the vaccines effects. You know,

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<v Speaker 1>that's kind of a nightmare scenario, kind of a total

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<v Speaker 1>escape Australia of the virus which doesn't exist here. But

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<v Speaker 1>that's kind of the worry. So what companies are you

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<v Speaker 1>know starting to retool and think about, you know, how

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<v Speaker 1>to come up with potential either new versions of vaccines

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<v Speaker 1>to account for these new strains or booster shots, uh

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<v Speaker 1>that account for the rains will be at on the

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<v Speaker 1>top of the existing vaccines, say six or twelve months

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<v Speaker 1>down the line. Now, Maderna has announced that it is gonna,

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<v Speaker 1>you know, work on some booster shots shot studies, including

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<v Speaker 1>one particularly you know, developed for the South Africa strain,

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<v Speaker 1>the fisor CEO Albert bord Law. He said in a

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<v Speaker 1>call with investors in February two. He said it was

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<v Speaker 1>increasingly likely that these mutations, uh, you know, there's gonna

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<v Speaker 1>likely to be booster shots in the in the future

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<v Speaker 1>and kind of like a long term market for these vaccines, which,

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<v Speaker 1>of course, uh you know what's bad I guess for

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<v Speaker 1>the world in some ways is potentially good for drug makers.

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<v Speaker 1>Good that means drug makers will have products to sell.

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<v Speaker 1>These vaccines is not just some kind of a one

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<v Speaker 1>time thing. They'll products to sell in the future. So

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<v Speaker 1>how long do we expect it will take for these

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<v Speaker 1>booster shots to be developed and made available. Good thing

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<v Speaker 1>about messenger RNA is a revised versions of vaccine can

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<v Speaker 1>be developed quite quickly because it's a technology involves you know,

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<v Speaker 1>synthetic chemistry, doesn't evolve growing anything, growing viruses in cells

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<v Speaker 1>or proteins in a lab at the synthetic chemistry, so

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<v Speaker 1>that that can be done faster. That's good news. The

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<v Speaker 1>tricky part is that it's an evolving situation, and you know,

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<v Speaker 1>you don't want to develop a booster shot that turns

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<v Speaker 1>out to be obsolete a few months now. You want

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<v Speaker 1>to kind of figure out what the main strains that

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<v Speaker 1>are emerging that have reduced efficacy and you know, developed

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<v Speaker 1>new versions of the vaccines against those. And that's kind

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<v Speaker 1>of a tricky thing because we need to get consensus

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<v Speaker 1>and kind of what's happening out there. So it's an

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<v Speaker 1>evolving situation. The FDA Food and Drug Administration has indicated

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<v Speaker 1>is that you know it's going to allow companies if

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<v Speaker 1>we do need booster shots or your second generation versions

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<v Speaker 1>of the vaccines it's gonna allow companies to move much faster.

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<v Speaker 1>They're not gonna have to do trials, efficacy trials and

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<v Speaker 1>thousands of thousands of patients like to do the first time.

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<v Speaker 1>There's going to be kind of streamline process based on

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<v Speaker 1>what we've learned from the first round of vaccine. So

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<v Speaker 1>these studies should go much faster. I mean overall, if

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<v Speaker 1>not a cause for panic, but it doesn't cause for concern.

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<v Speaker 1>And I just want to kind of break down the

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<v Speaker 1>US a little bit more, you know, just in terms

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<v Speaker 1>of how booster shots might work. Is it possible that,

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<v Speaker 1>for example, any of the drugmakers moderna advisor, Johnson and

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<v Speaker 1>Johnson whatnot, would develop a booster shot and that would

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<v Speaker 1>be linked to combat, say just the South Africa variant,

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<v Speaker 1>or could a booster shot address a number of different

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<v Speaker 1>variants of COVID nineteen. Yeah, and so there's a few

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<v Speaker 1>possibilities you know out there. You know, Yes, one, as

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<v Speaker 1>you developed there's one strain that's worriesome of you develop

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<v Speaker 1>a new new booster shots just against a strain like

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<v Speaker 1>just against South Africa. And another possibility is that, hey,

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<v Speaker 1>there's like two or three strains are kind of worried

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<v Speaker 1>about vaccines might not be quite effective against circulating the world,

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<v Speaker 1>say three months from now, and we want a booster

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<v Speaker 1>shot that kind of accounts for all three of them,

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<v Speaker 1>or a new in the new second generation vaccine that

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<v Speaker 1>accounts for all three of them. And then and the

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<v Speaker 1>authorities and powers that be, you know that public authorities

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<v Speaker 1>get together and kind of agree what strange should be

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<v Speaker 1>in a new vaccine or a new booster shot. I mean,

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<v Speaker 1>that's kind of what happens now each year with the

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<v Speaker 1>food vaccine, and there are you know, comparisons being made

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<v Speaker 1>like to that. Now, coronavirus you know doesn't mutated the

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<v Speaker 1>rate that the flu does. But you know, another hand,

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<v Speaker 1>we've liked to spread a lot and a lot of

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<v Speaker 1>people getting a lot of chances to mutake. So you

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<v Speaker 1>know what happens with the flu is you know each year,

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<v Speaker 1>you know, authority trying to kind of consent some consensus

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<v Speaker 1>and you know what strains are going to be circulating

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<v Speaker 1>a most prominent a few months from now, and then

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<v Speaker 1>the design a vaccine on that basis, and something similar

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<v Speaker 1>you know, could be done for booster shots for you know,

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<v Speaker 1>coronavirus vaccines and booster shots in the future, So there

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<v Speaker 1>is a thought out there. It seems increasingly likely, you know,

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<v Speaker 1>there's not going to be a one and done situation

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<v Speaker 1>the vaccine. There's a good chance we'll need some kind

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<v Speaker 1>of booster shots in the future, especially if these vaccine

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<v Speaker 1>evading strains become more prominent. And what's not clear right

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<v Speaker 1>now is how often when the booster shots is this

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<v Speaker 1>because you know, it has the virus stomach mostly significant

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<v Speaker 1>mutaining is going to do already and we've already seen

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<v Speaker 1>the bad stuff or some more bad stuff to come.

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<v Speaker 1>That's kind of a mystery. And then you know, how

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<v Speaker 1>how long will protection lasts and start to fade with

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<v Speaker 1>existing vaccines. That's not clear at all. So it's just

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<v Speaker 1>not clear at all to the extent we need booster

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<v Speaker 1>shots how frequently they will be, whether it be just

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<v Speaker 1>like once, it will be like every few years, or

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<v Speaker 1>you know, worst case scenario, every year, and that's that's

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<v Speaker 1>simply unclear at this point. So how might this effect

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<v Speaker 1>someone who is still considering whether to be inoculated right

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<v Speaker 1>now or whether they should wait for these later generation

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<v Speaker 1>vaccines that might be more effective against variants. One thing,

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<v Speaker 1>you know, I do want to note is that by

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<v Speaker 1>no means there's a reason in the US to put

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<v Speaker 1>off getting a vaccine or delay getting a vaccine. The

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<v Speaker 1>vaccines we have here are still, you know, highly effective

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<v Speaker 1>against most of the extrains that are that are circulating

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<v Speaker 1>in the US, and the sooner you can get vaccinated,

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<v Speaker 1>the better, and that would really really help. So this

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<v Speaker 1>is but this is by no means a reason not

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<v Speaker 1>to get inoculated in the US. If you have an appointment,

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<v Speaker 1>did you go rush out and do it for your sure?

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<v Speaker 1>That was Robert Langrath. And that's it for our show today.

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<v Speaker 1>For coverage of the outbreak from one and twenty bureaus

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<v Speaker 1>around the world, visit Bloomberg dot com slash coronavirus and

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<v Speaker 1>if you like the show, please leave us a review

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<v Speaker 1>and rating on Apple Podcasts or Spotify. It's the best

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<v Speaker 1>way to help more listeners find our global reporting. The

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<v Speaker 1>Prognosis Daily edition is produced by Top for foreheads Magnus

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<v Speaker 1>Henrickson and me Laura Carlson. Today's main story was reported

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<v Speaker 1>by Robert Langrith. Original music by Leo Citron. Our editors

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<v Speaker 1>are Rick Shine and Francesca Levi. Francesco Levy is Bloomberg's

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<v Speaker 1>head of podcasts, Thanks for listening, lest