Foreign Secretary Liz Truss says the world is facing a "very difficult situation" because of the "appalling global headwinds" caused by the Russian invasion of Ukraine and Covid. She warns a windfall tax is "likely to deter investment" and stresses the Chancellor Rishi Sunak is looking "very hard" at what can be done but warns that the government can't "completely cushion" people from the effects of inflation. Report by Edwardst. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
According to the Union Health ministry's data, India added 1,829 Covid cases and 33 Covid-related deaths in the last 24 hours.
#CovidIndia #Covid19 #CovidCases #CoronaDeaths
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Covid booster jabs will be offered this spring to the most vulnerable people in the country following new advice from the Joint Committee on Vaccination and Immunisation (JCVI).
Dr Nikita Kanani, deputy lead for NHS England's vaccination programme, said GPs would begin getting in touch with those eligible which includes people aged 75 and over and those who are immunosuppressed.
Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Pfizer’s COVID Booster Shot , for 5 to 11 Year Olds, Authorized by FDA.
NBC News reports on May 17, the Food
and Drug Administration (FDA)...
… announced it had authorized Pfizer-BioNTech's coronavirus
booster dose for 5 to 11 year olds.
The FDA says eligible recipients of a booster dose could receive the extra shot starting five months after their initial two-dose series.
Per NBC News, Pfizer's booster shot for
5 to 11 year olds is 10 micrograms ... .
... a third of the dosage given
to citizens 12 and older.
Following the FDA's ruling, it is now up
to the Centers for Disease Control and Prevention (CDC) to recommend how to implement boosters for the age group.
CDC data shows less than one third
of 5 to 11 year olds in the United States
have recieved the primary series of
a COVID-19 vaccine.
Experts say booster shots offer
better protection against the omicron
strain and its associated subvariants.
The CDC's Advisory Committee on Immunization Practices will reportedly discuss booster shots on May 19.
Dr. Rochelle Walensky, the Director of the CDC, should have her final recommendation following the committee's discussion
Credit: Wibbitz Top Stories Duration: 01:30Published
Pfizer's First Quarter , Profits Blast Past, 2022 Forecast.
ABC reports that Pfizer's COVID-19 vaccine and treatment
sales helped propel the pharmaceuticals company
beyond Wall Street's first quarter expectations. .
Pfizer's coronavirus vaccine
Comirnaty raked in over $13 billion
in sales for the first quarter. .
Pfizer's coronavirus vaccine
Comirnaty raked in over $13 billion
in sales for the first quarter. .
The vaccine has remained
Pfizer's top selling product
for almost the last year. .
The drugmaker's pill treatment
Paxloid reportedly added an additional
$1.5 billion to the company's sales. .
ABC reports that Pfizer's, profits grew 61% , in the first quarter. .
On May 3, the company posted
a net income of $7.86 billion and first
quarter adjusted earnings of $1.62 per share. .
The results easily exceeded
the $1.49 increase predicted
by industry analysts. .
Compared to the same time last year,
the company's revenue skyrocketed 77% , to reach $25.66 billion. .
According to ABC, the drugmaker
expects the company's total revenue in 2022
to reach between $98 billion and $102 billion. .
Pfizer's COVID vaccine launched late
in 2020 and quickly became the company's
top selling product by the second quarter of 2021.
In December of 2021,
Pfizer's stock reached an
all-time high of $61.71 per share.
Credit: Wibbitz Top Stories Duration: 01:31Published
Biden Administration Secures , 20 Million Courses of Paxlovid.
Biden Administration Secures , 20 Million Courses of Paxlovid.
CNN reports that on April 25, a senior administration official said , 20 million treatment courses of Pfizer's antiviral COVID pill have been secured for the United States to purchase.
100,000 treatment courses will be provided to pharmacies per quarter as need and uptake are observed. .
A treatment course of Paxlovid consists of taking three pills twice a day for five days.
CNN reports that Pfizer released data last year showing that its antiviral COVID pill reduced the risk of hospitalization or death by 89% if taken within a few day of exhibiting symptoms.
Paxlovid first became authorized by the FDA at the end of December. And there were very, very few pills around. The administration worked incredibly hard to both increase production and acquisition, and the good news is we’ve made really substantial progress, Dr. Ashish Jha, White House COVID-19 Response Coordinator, to NPR.
Now we’ve got to turn those pills into prescriptions and into the things that patients can get so that they can get better if they get infected. We have a big set of efforts that we have been working on and launching, and we’re going to be doing a lot more this week, Dr. Ashish Jha, White House COVID-19 Response Coordinator, to NPR.
On April 26, the administration is expected to announce expanded access to the pills via its federal antiviral pharmacy program.
It is estimated that over 30,000 locations may provide free treatments in the future through the test-to-treat initiative.
While the purchase of a significant amount of treatment courses has been secured thus far.
CNN reports that the administration "will not be able to purchase more" unless it secures further funding from Congress
Credit: Wibbitz Top Stories Duration: 01:30Published
Moderna Working on , Vaccine Booster That Targets, the Omicron Variant.
The Associated Press reports that Moderna
is developing an updated COVID-19 booster that
offers protection against the omicron variant.
On April 19, the pharmaceutical company
released data suggesting that work on
the updated booster was making progress.
Prior to the emergence of omicron, Moderna
had been developing a booster with added
protection against the beta variant of coronavirus.
According to the company, people who received
that specific booster produced more antibodies
capable of fighting a number of variants.
AP reports that the omicron variant is able
to more easily slip past the immune system's
defenses than the original coronavirus.
According to health officials, distributing
boosters every few months does not present
a practical solution to the mutating virus.
As a result, Moderna and its rival Pfizer are testing "bivalent" shots which mixes each company's original vaccine with an updated omicron version. .
As a result, Moderna and its rival Pfizer are testing "bivalent" shots which mixes each company's original vaccine with an updated omicron version. .
Moderna's bivalent shot
reportedly includes 32 variant
mutations of the coronavirus.
Studies on the new bivalent shots are currently underway in the United States and Britain. .
Results from the studies are expected by late June
Credit: Wibbitz Top Stories Duration: 01:30Published
Booster Shots in Children Ages 5–11 , Increase Omicron Antibodies, Pfizer Says.
NBC News reports a booster shot of the Pfizer-BioNTech coronavirus vaccine increases antibody protection in children ages 5-11, the company said on April 14.
NBC News reports a booster shot of the Pfizer-BioNTech coronavirus vaccine increases antibody protection in children ages 5-11, the company said on April 14.
Given half a year after the initial series of two doses, a booster shot of the Pfizer-BioNTech vaccine increased antibody levels sixfold.
In Pfizer's clinical trial, 140 children ages
5 through 11 received a booster shot.
According to NBC News, data has
not yet been made available to
independent researchers for review.
In the era of Omicron, booster doses of
COVID vaccines have been hit and miss.
In adults, a booster dose of Pfizer's vaccine wanes dramatically after four months.
Health experts say the same trends
are likely to occur in children.
For adults, Pfizer's vaccine
is 30 micrograms per dose.
For children, vaccines are
10 micrograms per dose.
Earlier this year, New York Department
of Health researchers found Pfizer's
vaccine to offer minimal protection
against infection in children.
But according to NBC, the CDC later said
two doses in children offered ample protection against severe infections.
But according to NBC, the CDC later said
two doses in children offered ample protection against severe infections
Credit: Wibbitz Top Stories Duration: 01:30Published
Prime Minister Boris Johnson offers his "best wishes" to Rangers as they take on Eintracht Frankfurt in the Europa League Final. Rangers, who finished second to their fierce rivals Celtic in the Scottish Premiership, shocked Frankfurt's compatriots RB Leipzig in the semi-final. Report by Edwardst. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Labour Leader Sir Keir Starmer says a government U-turn on a windfall tax on energy companies is "inevitable" and the fact that Prime Minister Boris Johnson continues to "dither" shows that he does not "get" how serious the current cost of living crisis is for most people. He claims the PM is "choosing" to let people struggle when he does not need to. Report by Edwardst. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Prime Minister Boris Johnson leaves Downing Street amidst the news that an MP from his party has been arrested on suspicion of rape. There are over 50 MPs currently under investigation from Parliament's Independent Complaints and Grievances Committee for sexual misconduct. Report by Edwardst. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Shadow Chancellor Rachel Reeves says the arrest of an MP on suspicion of rape needs to be a "wake-up call" and shows there "clearly is an issue" with the vetting process for choosing members of parliament. She highlights the example of former Wakefield MP Imran Ahmad Khan who the Conservatives chose despite being "warned about allegations against him". Report by Edwardst. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Foreign Secretary Liz Truss cautions against blaming "parliamentary culture" for the crimes of an individual, despite conceding there is an "issue" with the culture in Parliament after an MP was arrested on suspicion of rape. She calls for "further professionalisation" but does not think the further work that needs to be done on that front "excuses" someone from committing a criminal offence. Report by Edwardst. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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