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
Have been on fire and what exactly are the pricing in . Hopes of a vaccine, hopes of stimulus . How can that fed wire without some sort of his fiscal lifeline . The day was so bad it looked good because as many events started to set in that we see Congress Actually pushed through some sort of deal, so many angles to digest today, but what is clear is this rotation trade is on the front and center. Joe absolutely, everything is flying but was what has really been flying are these deep cyclical commodity linked equities that have been dormant for most of the year and they continue to have really strong weeks. Stocks, youenergy look at the end of november basically right ever since we got the vaccine news they have been shooting straight up and have had another strong week. If you look over all still down 31 on the year. Thatne a lot of those have been left for dead a few months ago are rallying hard on this day. Diamondback finished a day up about 13 , apache, you get the picture. There
Subcommittee on oversight. Were holding this hybrid hearing in compliance with House Resolution 965. Accordingly, im joined by members here in the hearing room as well as approximately ten members on the remote platform. Thats outstanding and i want to thank them for joining us. Before we turn to todays important topic, i want to remind the members of a few procedures to help us navigate the terrain here. First, consistent with regulations, the committee will keep microphones muted for those participating virtually to limit background noise. Pause for one moment. The committee will pause. We will pause for one moment. Members are responsible for unmuting themselves, unmuting themselves when they seek recognition or when recognized for their five minutes. Members in the hearing room are reminded to keep your microphones muted when youre not recognized. Second, for the members participating virtually, you must have your cameras on at all time. If you need to step away from the proceeding
I this is boom, bust for the one business show you cant afford to miss. Im french born washington coming up. Russia voting the efficacy of it. Sputnik vivax seen as one nation has begun to import trial fare for plus airlines have been battered as a result of covert 19 despite a recent bump in holiday air travel. While the dow is setting record highs straight ahead when to break down all of those numbers and later brecks it is back in the spotlight as the dangers of a no deal loom large for one of the worlds top economy with a packed show today. So lets dive right in and we leave the program with another update in the race for a covert 1000 vaccine. Now, following the last week of promising news regarding chemists from pfizer astra that i can madeira russia said tuesday, it plans to produce 1000000000. 00 doses of it sputnik vbac scene and provide it at least a less expensive cost and then its rivals. Now, Russian Sovereign Wealth Fund r d i f said of the situation. The cost of 1. 00 do
Joining us today. We are holding this hybrid hearing in compliance with House Resolution accordingly i am 965. Joined by members here in the hearing room as well as approximately ten members on the remote platform. Thats outstanding, and i want to thank them for joining us. Before we turn to todays important topic i want to remind the members of a few procedures to help us navigate the terrain here. First, consistent with regulations the committee will keep microphones muted. For those participating virtually to limit background noise. Pause for one moment. So we will pause for one moment. Members are responsible for unmuting themselves, unmuting themselves when they seek recognition or when recognized for their five minutes. Members here in the hearing room also are reminded to keep your microphones muted when you are not recognized. Second, for the members participating virtually, you must have your cameras on at all times. If you need to step away from the proceeding, please leave y