rogerjolly
Forum Legend
More great news today about Oxford University/Astrazenica. Their vaccine is 70% effective which is by itself very reasonable but goes up to 90% when there is a half dose followed by a full one.
It works in a different manner to those developed by Pfizer and by Moderna (both at 95% effectiveness) and has some advantages over them.
It can be stored at normal refrigerator temperatures while the others need to be in deep-deep freezing and can then be kept for less than a week in the fridge. This means long distance transportation is simpler and cheaper as is storage at immunization centres.
Its production costs are a lot lower.
These advantages will be particularly helpful for third world countries. For example India has been particularly hard hit by Covid and has ordered huge quantities of the new life saver.
You might think that Astrazenica’s share price would have soared today. Not the case. From the start of their collaboration with Oxford University it was agreed that their work would be non-profit making. Nice to see that happening in our usually greedy, greedy world.
Roger.
It works in a different manner to those developed by Pfizer and by Moderna (both at 95% effectiveness) and has some advantages over them.
It can be stored at normal refrigerator temperatures while the others need to be in deep-deep freezing and can then be kept for less than a week in the fridge. This means long distance transportation is simpler and cheaper as is storage at immunization centres.
Its production costs are a lot lower.
These advantages will be particularly helpful for third world countries. For example India has been particularly hard hit by Covid and has ordered huge quantities of the new life saver.
You might think that Astrazenica’s share price would have soared today. Not the case. From the start of their collaboration with Oxford University it was agreed that their work would be non-profit making. Nice to see that happening in our usually greedy, greedy world.
Roger.