Despite coming from a poor family loves to become president. Challenges a. Credible story. Starts december 10th on t. W. Food. A big moment for a small biotech firm in germany and the world vaccine developed by buying tech now approved by the u. K. Marks a technological breakthrough and could be revolution for the entire Pharmaceuticals Industry well talk to our financial correspondent. Also on the show distributing that vaccine will be a big challenge well look at how germanys flag carrier is gearing up to fly around the world. And the vaccine cant come soon enough for the worlds poorest countries theyve been hit especially hard by the global slowdown. Welcome to the show im Stephen Beard and. Lead investors around the world welcomed the u. K. s approval of a Coronavirus Vaccine with asian markets gaining thursday on hopes that economic recovery would be around the corner but the vaccine developed by german firm biotech in partnership with u. S. Drug giant pfizer also represents a tec
Theres the tend to look at data that have provided by the manufacturers and analyze principally by the manufacturers and dont do a lot of reanalysis of data so its culturally a little different than the way our fda doesnt. Britain as part of the eu has as part of year to the end of the month. Has the ability to pull away from the eus regulatory. Agency and authorize things on its own. For Emergency Public Health reasons so vast that lawn under which this. This falls. So they were able to authorize review unauthorized quickly, the european unions. A European Agency has been or review it next. Tuesday and were going to review it next thursday. So in the grand scheme of things were talking ever difference of about 8 or 9 days. Doctor weatherford as you know a lot of people here say all i want to be first to take the vaccine. So now weve got the people in the uk taking. The vaccine with that kind of a test run for us here in the u. S. To see what the side effects are what happens with them
Always known that we cant sleep multiple that scenes for the world because no one develops and i will manufacture is going to be able to be easy enough to cover everywhere. And so having multiple back scenes and basically with different Manufacturing Technologies and technologies that can be manufacturers globally and distribute it lately. Thats really important. Sometimes to court thing to the competition. But if you are the capacity, the highs are the nonce plus the name, or there are an answer capacity because our capacity, which is much bigger, the 3 of us dont even have enough thanks in part of directions for the world. So youre not, were going to have to worry hard to produce your own mole and then renewed more expense. So theres no competition really. We need as many as we can. So we work, you know, so efficient number of people who are well, so we stop this and him. And meanwhile, German Health minister jaenisch barn on monday said with multiple vaccine carriers showing good re
You know, were going to have to worry how to run. Most of them renewed more expensive, so theres no competition really we need as many us recounts, are we going to need so efficient number of people. So we stop this and him and meanwhile, German Health minister yenta spot on monday said with multiple vaccine carriers showing good results. The country could start covert vaccination before the end of the year. There is good reason to believe that we can begin vaccinating you at the beginning of next year at the latest, perhaps even already at the end of this year. And because of those miners overall from my point of view, the Important Message during these difficult times is that there is a way out and were on a good way out. And here in the us, the chief scientific officer of the white house is operation warp speed program, shared similar sentiment telling c. N. N. The 1st indications could happen by mid december after pfizer in bio in tech specs in cant, it receives emergency approval.
A test. Those, those claims, particularly in light of whats going on with respect to china and freedom of the sea passage and all that. But the fact that this we have a russia has a custom, a tradition of claim with, in its own state, makes it even more, makes a stronger case, frankly, to, to say that its their area. But youve got to consider that youre talking about an area that spans from point to point about 106 miles. And it, and its, and within that area, the United States is claiming that its international waters. But, but, but through this custom and tradition of the now declaring that the bay is in fact, russian under russian governance. No one else has ever challenged it until now they except the United States, i fear time is going to be just like a but just a fit enough. But the timing of the instant, do you, do you see a change of administration except having any relevance as to what is happening here ramping up . Moves the last few months . Yeah, i think it might, i think t