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 “Trump to Host Vaccine Summit Next Week With State Leaders” – below is their description.
President Donald Trump plans to host a coronavirus vaccine summit next week as his administration weighs emergency authorization for immunizations that could curb the deadly pandemic.
White House spokesman Brian Morgenstern said in a statement that leaders from state governments, the military and scientific community will attend the Dec. 8 gathering, as the administration “prepares to deliver this historic, life-saving vaccine to every zip code in the United States within 24 hours of an FDA approval.”
Trump has claimed personal credit for accelerating the development of coronavirus vaccines through the government’s “Operation Warp Speed” program. “I came up with vaccines that people didn’t think we’d have for five years,” he said in an interview Sunday on Fox News.
Stat News, which reported the summit earlier Tuesday, said that executives at companies invited to participate are “irritated” at White House pressure to attend what they regard as a political event.
Vice President Mike Pence told state leaders on Monday that distribution of a vaccine could begin as early as the third week in December, in a signal that regulators could be nearing approval of emergency authorization.
Earlier Tuesday, White House chief of staff Mark Meadows summoned Food and Drug Administration commissioner Stephen Hahn to the White House to discuss why the agency hadn’t moved faster to grant preliminary approval for Pfizer Inc.’s vaccine, according to a White House official.
Moderna Inc. has also requested the FDA give emergency authorization to its vaccine, with both companies reporting better than 90% efficacy in preliminary results of clinical trials.
The FDA defended its process in a statement Monday, saying the agency needed to review thousands of pages of technical information.
“Completion of these reviews involves such things as ensuring that the manufacturing process and the controls on manufacturing are appropriate, checking statistical analyses performed to ensure that they were done properly, and doing additional analyses, as necessary, to look at the effect of the vaccine on subsets of individuals who might be at greater risk of adverse effects,” the FDA said.
An FDA advisory panel is scheduled to meet on Dec. 10 — two days after the White House summit — to discuss the vaccines. Health and Human Services Secretary Alex Azar told governors that distribution could begin within 24 hours of regulatory approval, according to a readout of the call provided by the office of Washington Governor Jay Inslee.
The White House’s effort comes amid a spike in cases throughout the northern hemisphere as temperatures have cooled, making outdoor activities more difficult. There have been more than 63.4 million cases worldwide with over 1.47 million deaths, and hospitalizations in New York City jumped the most Tuesday since April.
Trump, Pence and several governors plan to take part in the Dec. 8 summit, according to Stat News.Bloomberg Quicktake: Now YouTube Channel
Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.
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)
Latest News about Covid-19
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.
5 Recent Items: COVID-19
In This Story: Donald Trump
Donald John Trump is the 45th and current 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.
5 Recent Items: Donald Trump
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)
5 Recent Items: Moderna
In This Story: New York City
New York City (NYC) is located in the U.S. state of New York. The city is the center of the New York metropolitan area, the largest metropolitan area in the world with approximately 23 million people in its combined statistical area.
New York City has been described as the cultural, financial, and media capital of the world, hosting the headquarters of the United Nations, as well as the New York Stock Exchange.
2 Recent Items: New York City
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.
5 Recent Items: Pfizer
In This Story: United States
4 Recent Items: United States
In This Story: Vaccine
A vaccine is a biological preparation that provides active acquired immunity to a particular infectious disease. A vaccine typically contains an agent that resembles a disease-causing microorganism and is often made from weakened or killed forms of the microbe, its toxins, or one of its surface proteins.