About This Source - Bloomberg QuickTake: Now
Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.
It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
Recent from Bloomberg QuickTake: Now:
Bloomberg Quicktake: Now published this video item, entitled “All 50 States Preorder Covid-19 Vaccines, Submit Distribution Plans to CDC” – below is their description.
Weeks before states expect to receive their first shipments of Covid-19 vaccines, conflicting messages from the federal government have obscured exactly how many doses may arrive.
Some governors, including New York’s Andrew Cuomo and California’s Gavin Newsom, have made splashy announcements about how much of Pfizer Inc. and BioNTech SE’s vaccines they expect should the U.S. Food and Drug Administration authorize them this month. Other states can’t provide a solid answer given how quickly estimates change.
But all must submit orders and distribution plans Friday, and the shifting expectations compound other complications. States must find dry ice to store finicky formulas that require delicate timetables to administer. They must decide how to get the shots to residents equitably. And they must do so using a public-health infrastructure withered after decades of underfunding and neglect. At stake is an efficient escape from the deadliest pandemic in a century.
“States are throwing their hands up figuring out the math, and are saying, ‘Just tell me the amount and stay with it,’” said Claire Hannan, executive director of the Association of Immunization Managers.
Officials of Operation Warp Speed, the Trump administration’s project to accelerate vaccine creation, told states in late November their expected allotment of doses for December. Officials said the total supply would be 6.4 million of the Pfizer vaccine and 12.5 million of Moderna’s shot.
The goal is to send initial shipments immediately after FDA authorization, with fresh doses delivered in weekly installments after that. The first batches are expected to arrive in states as soon as mid-December.
The government has said the first batch will be divided among 69 entities — states, territories, large cities and the departments of State, Defense, Veterans Affairs, the Bureau of Prisons and the Indian Health Service. They are to be allocated using an apparently straightforward calculation: their proportion of the adult population.
“It’s pro rata,” Army General Gustave Perna, chief operations officer of Operation Warp Speed, said in a Wednesday briefing. “It’s a math problem in execution.”
But Natalie Baldassarre, a spokeswoman for the Department of Health and Human Services, declined to say how many doses are allocated to each entity or how agency allotments would be calculated. Spokespeople for the departments declined to provide the number of vaccines they expect or didn’t respond to requests for comment.
The Indian Health Service “will work within the amount allocated,” and hopes to vaccinate half its health-care personnel, said spokesman Joshua Barnett.
Few states contacted by Bloomberg News could provide an accurate estimate.
Michigan, for example, heard several different numbers in the past few days, everything from a couple hundred thousand to under 90,000, Health Department spokeswoman Lynn Sutfin said in an email.
California is counting on Pfizer, Newsom said at a Thursday news conference. “We have all the confidence the 327,600 doses will be made available,” he said, but added that officials remain in “advanced conversation” with Moderna.
States lack a solid grasp on the federal calculations, said Marcus Plescia, chief medical officer of the Association of State and Territorial Health Officials.
“It’s not highly transparent, I will say that,” Plescia said.
Wisconsin is lobbying for special help. Democratic Governor Tony Evers said in a briefing Thursday that Republican lawmakers have hindered the response and created a disaster. He wants enough doses to vaccinate all 450,000 of the state’s health-care workers, more than seven times the 60,000 he expects at the outset.
“Wisconsin is uniquely facing challenges,” Evers said. “We are asking the federal government to prioritize distributing vaccines in Wisconsin.”Bloomberg Quicktake: Now YouTube Channel
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In This Story: Andrew Cuomo
Andrew Mark Cuomo is an American politician, author, and lawyer serving as the 56th governor of New York since 2011. A member of the Democratic Party, he was elected to the same position his father, Mario Cuomo, held for three terms. He has served as Chair of the National Governors Association since August 2020.
Cuomo received national attention for his handling of the COVID-19 pandemic in New York and has written a book about his experiences of the event – released on November 10th 2020.
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BioNTech SE (NASDAQ: BNTX) is a German biotechnology company dedicated to the development and manufacture of active immunotherapies for a patient-specific approach to the treatment of serious diseases.
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In This Story: COVID-19
Covid-19 is the official WHO name given to the novel coronavirus which broke out in late 2019 and began to spread in the early months of 2020.
Symptoms of coronavirus
The main symptoms of coronavirus are:
- a persistent new cough (non productive, dry)
- a high temperature (e.g. head feels warm to the touch)
- shortness of breath (if this is abnormal for the individual, or increased)
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Below are stories from around the globe related to the 2020 outbreak of novel Coronavirus – since the WHO gave the Covid-19 naming. Most recent items are posted nearest the top.
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In This Story: Donald Trump
Donald John Trump was the 45th President of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in Queens, a borough of New York City, and received a bachelor’s degree in economics from the Wharton School.
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In This Story: India
It has an exceptionally diverse population, with Hindus, Muslims, Christians, Sikhs, Buddhists, Jains and other religions speaking over 21 recognised languages.
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In This Story: Moderna
Moderna is an American biotechnology company based in Cambridge, Massachusetts that focuses on drug discovery, drug development, and vaccine technologies based exclusively on messenger RNA.
CEO: Stéphane Bancel (2011–)
Stock ticker: (NASDAQ:MRNA)
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In This Story: Pfizer
Pfizer Inc. (NYSE: PFE) is an American multinational pharmaceutical corporation headquartered in New York City. In 2012, it was one of the world’s largest pharmaceutical companies and ranked 57 on the 2018 Fortune 500 list of the largest United States corporations by total revenue.