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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Top Stories

    Posted By Jessica Weisman-Pitts

    Posted on December 1, 2021

    Featured image for article about Top Stories

    LONDON (Reuters) – Kate Bingham, the former head of the UK’s COVID-19 Vaccine Taskforce who secured millions of doses for the country, said scientists should know within a week whether existing shots are effective against the Omicron variant of the coronavirus.

    Bingham, a venture capitalist who backed multiple vaccines at the start of the pandemic to secure early access for Britain, said she currently expected that the leading shots would still show efficacy.

    “The question is do they have the same level of efficacy?” she said in an interview at the Reuters Next conference on Wednesday.

    Bingham, who has returned to her role as managing partner at SV Health Investors, said Britain had built up the capability to quickly test existing vaccines against new variants.

    “It’s not something you can do overnight, but we will get data, I would have thought within a week as to whether or not the vaccines work or don’t,” she said.

    Under Bingham’s leadership, the UK taskforce ordered vaccines as they were still being trialled, securing supplies from Pfizer, AstraZeneca, Moderna and others to give Britain a head start in the rollout.

    She said on Wednesday that she had backed the vaccine from French company Valneva, which differs from others by relying on an inactivated virus similar to flu vaccines, because having a varied portfolio would be useful when variants emerged.

    Britain has since cancelled the order.

    “The idea of having that as a potential vaccine in our portfolio, knowing it was going to come on stream later than the earlier ones, was precisely that you could deal with variants,” she said.

    She added that “unfortunately” the Valneva contract had been cancelled. “I wasn’t part of the decision so I don’t know the basis of it,” she said. “But I would have thought that was a useful vaccine to have in our panoply of tools to actually address variants and future pandemic strains.”

    To watch the Reuters Next conference please register here https://reutersevents.com/events/next/

    (Reporting by Aimee Donnellan; writing by Kate Holton; Editing by Kirsten Donovan)

    LONDON (Reuters) – Kate Bingham, the former head of the UK’s COVID-19 Vaccine Taskforce who secured millions of doses for the country, said scientists should know within a week whether existing shots are effective against the Omicron variant of the coronavirus.

    Bingham, a venture capitalist who backed multiple vaccines at the start of the pandemic to secure early access for Britain, said she currently expected that the leading shots would still show efficacy.

    “The question is do they have the same level of efficacy?” she said in an interview at the Reuters Next conference on Wednesday.

    Bingham, who has returned to her role as managing partner at SV Health Investors, said Britain had built up the capability to quickly test existing vaccines against new variants.

    “It’s not something you can do overnight, but we will get data, I would have thought within a week as to whether or not the vaccines work or don’t,” she said.

    Under Bingham’s leadership, the UK taskforce ordered vaccines as they were still being trialled, securing supplies from Pfizer, AstraZeneca, Moderna and others to give Britain a head start in the rollout.

    She said on Wednesday that she had backed the vaccine from French company Valneva, which differs from others by relying on an inactivated virus similar to flu vaccines, because having a varied portfolio would be useful when variants emerged.

    Britain has since cancelled the order.

    “The idea of having that as a potential vaccine in our portfolio, knowing it was going to come on stream later than the earlier ones, was precisely that you could deal with variants,” she said.

    She added that “unfortunately” the Valneva contract had been cancelled. “I wasn’t part of the decision so I don’t know the basis of it,” she said. “But I would have thought that was a useful vaccine to have in our panoply of tools to actually address variants and future pandemic strains.”

    To watch the Reuters Next conference please register here https://reutersevents.com/events/next/

    (Reporting by Aimee Donnellan; writing by Kate Holton; Editing by Kirsten Donovan)

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