More times cheaper than foreign vaccines based on m r n a technology with similar, similar efficacy rates for russian citizens vaccination with clinic we will be free of charge. Now for comparison sake, pfizer and bio intakes vaccine is expected to cost around 20. 00 per dose. The c. E. O. Of modernity said this week its drug will cost between 25 and 37. 00 per dose. And the astra zeneca vaccine being developed with Oxford University is estimated at around 3. 00 to 4. 00 per dose, all 3 of which will require 2 doses. On tuesday, the 2nd interim analysis of trial data for russian sputnik back b was really showing the vaccine had a 91. 4 percent efficacy in preventing a Coronavirus Infection after 28 days and was more than 95 percent effective after 42 days. Meanwhile, hungarys foreign minister of on monday said the country will be the 1st in europe to begin testing. Sputnik be adults our last weekend windows, i guess because the next one arrived in hungary and arrived together with the
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
Just for us. Its for. Beethoven his truck. Is for. Straight talking 202250th anniversary. Its a 20 Year Old Company thats never brought a Product Market German Biotech Firm cure vaca is now an investor darling as it races to develop a covert 1000. 00 vaccine will talk to its c. E. O. Also on the show wired hard gets the boot from germanys blue chip index its a place that might surprise you. And well look at an unsuccessful business idea from someone who hopes to take advantage of pandemic panic buyers. Into the show im susan busy in berlin the coronavirus pandemic is reshaping the biotech industry investors are piling into small often unproven companies in hopes they can produce a vaccine in the coming months those companies in turn are spending big to expand production for vaccines that are yet fully tested or certified its a gamble on both sides for both investor and company and reflects the urgency for a vaccine as well as the potential to make money. Gem in Pharmaceutical Company c
Have you with us the coronavirus pandemic is reshaping the biotech industry investors are piling into small often unproven companies in hopes that they can produce a vaccine in the coming months those companies in turn are spending big to expand production facilities for vaccines that arent yet fully tested or certified its a gamble for both investor and company and it reflects the urgency for a vaccine as well as the potential to make money. German Pharmaceutical Company cura voc 20 years old 480 employees and it dreams of change in the wild has its sights set on the most sought after of prizes a Coronavirus Vaccine and the newly listed company is making progress when went public in new york on friday it shares rose 249 percent during the 1st day of trading those who go to an alley may have struck it rich. Cura back is just one of many corporate vaccine hopefuls 170. 00 companies from all over the world including the us china japan the u. K. And india are also in the race. Last week r
As the Trump Administration tries to take over a German Biotech Company and secure exclusive rights to a future corona virus vaccine. Im serious i was gonna thank you for joining us europes open borders are beginning to close germany has joined a growing list of e. U. Countries to at least partially shut out its neighbors in a bid to halt the spread of the coronavirus the German Government has announced controls on its forgers with switzerland austria denmark and luxembourg new restrictions are also being imposed on the french german frontier. I rear sight on the french german Border German Police manning checkpoints for nigh on cross border traffic will be at a near standstill. The borders today in mark switzerland austria and luxembourg will also be almost completely shut. In the. People of that significant reason to travel will not be allowed to cross the border in either direction. And. Travel across the border. So. Commuters will not be affected by the shutdown and kids will still