Market Size and Forecast 2015-2024 with Covid-19 Update Q2 2020


Philippines Approves Pfizer Shots; New Korea Cases: Virus Update

(Bloomberg) — The Philippines approved Pfizer Inc.-BioNTech SE’s vaccine, the first to be allowed for emergency use in the country. Australia defended its use of the AstraZeneca vaccine.China recorded its first Covid-19 death since April as new clusters continued to expand. South Korea reported more than 500 more cases and could extend its current social distancing level and ban on private gatherings with five or more people.California opened a vaccine center “Super POD,” or point-of-dispensing site, at Disneyland in Anaheim. The Centers for Disease Control and Prevention is mulling new measures that could allow for expanded travel, after unveiling coronavirus testing requirements for people flying into the U.S. Montana’s new Republican governor reversed virus measures imposed by his Democratic predecessor.Key Developments:Global Tracker: Cases top 92 million; deaths surpass 1.97 millionVaccine Tracker: More than 32.4 million shots given worldwideTracking U.S. small business during the pandemicVirginia adopts U.S.’s first permanent workplace virus ruleU.S. vaccine shift stirs fresh unease as 128 million join lineHow Covid-19 has turned the spotlight back on obesitySubscribe to a daily update on the virus from Bloomberg’s Prognosis team here. Click CVID on the terminal for global data on coronavirus cases and deaths.Philippines Approves Pfizer Vaccine for Emergency Use (12:32 p.m. HK)The Philippines approved Pfizer Inc.-BioNTech SE’s vaccine, the first to be allowed for emergency use in the country. The Food and Drug Administration found Pfizer’s vaccine may be effective to prevent, diagnose or treat Covid-19, and can be used for people aged 16 and up, its head Eric Domingo said in a virtual briefing.Sinovac Biotech Ltd. applied for a similar authority on Wednesday, and the regulator will ask for more clinical trial reports, Domingo said. Stocks fell earlier in the Southeast Asian nation, bucking broad gains in Asia, after authorities detected its first case of the more contagious Covid-19 variant that first appeared in the U.K.Hong Kong’s Vaccine Acceptance Rate ‘Alarming’: Study (12:21 p.m. HK)A survey released this week by the Chinese University of Hong Kong showed an “alarming” acceptance rate of just 37% for coronavirus vaccines in the city, as the government prepares to start a free vaccination program next month. Researchers based their findings on phone interviews with 1,200 adults. Paul Chan, chairman of the university’s department of microbiology, said the rate found in the survey was much lower than the bar needed to reach herd immunity protection or relax containment measures. “Hong Kong should set a goal of vaccine coverage of at least 70% through informed, voluntary vaccination,” he said.The study was carried out this summer, and found that government recommendations and public trust in vaccine manufacturers would be the most important issues to tackle when formulating a rollout campaign. Previous mass testing efforts by Hong Kong authorities have also been met with skepticism, amid protests and political chaos that have roiled the city.South Korea May Extend Current Social Distancing Level (11:05 a.m. HK)South Korea is likely to extend its current social distancing level and ban on private gatherings with five or more people, Yonhap News reported. Senior health ministry official Yoon Tae-ho told reporters he believed the immediate easing of social distancing and measures on small gatherings would be difficult.South Korea reported 524 new Covid-19 cases over the last 24 hours, down from 562 the previous day, according to data from the Korea Disease Control and Prevention Agency. The number of daily cases in the country — which is among the places battling a resurgence of the virus following early success containing it — was below 600 for a fourth day.Japan Could Extend Covid Emergency Area (10:42 a.m. HK)It’s possible Japan may further extend the area covered by its emergency declaration, depending on the infection situation, Japanese Economy Minister Yasutoshi Nishimura told a parliamentary committee. His comments came a day after Prime Minister Yoshihide Suga expanded the declaration from Tokyo and the surrounding region to cover Osaka and other major economic hubs.China Records First Covid Death in 9 Months (8:50 a.m. HK)China recorded its first Covid-19 death since April, as clusters in its north continued to swell. The country reported 124 new local infections on Thursday, including 81 in Hebei province and 43 in Heilongjiang, the National Health Commission said. Another 78 asymptomatic cases were reported, including three that were imported.The Hebei cluster’s expansion is fueling the risk of a full-blown outbreak as the Chinese New Year holiday — a time of widespread travel — nears. Hebei, which encircles the Chinese capital Beijing, had earlier locked down multiple cities and is set for another mass testing campaign.Malaysia Projects Virus Curve to Flatten in 12 Weeks (8:10 a.m. HK)Malaysia’s projection is based on current data, which could change after two weeks of targeted lockdown that began Wednesday, Malaysiakini reported citing Health Director-General Noor Hisham Abdullah.U.S. CDC Mulls Measures for More Global Travel (7:53 a.m. HK)The Centers for Disease Control and Prevention is weighing new measures that could allow expanded travel after unveiling testing requirements for people flying into the U.S.Lifting travel restrictions on countries such as Brazil and EU countries is part of ongoing discussions, Martin Cetron, director of the agency’s division of global migration and quarantine, said in an interview. Whether to make allowances in the future for people who have been vaccinated is also under debate, he said.“Protecting the global public’s health while minimizing the interference to travel and trade is essentially our goal,” he said. “This testing order is really a recognition and another step in that direction.”Brazil Aims to Start Vaccination in Capitals (7:31 a.m. HK)Brazil’s vaccination campaign will start in its capitals, executive secretary of the Health Ministry Elcio Franco told a briefing. The country’s territorial extension and diversified means of transport are some of the factors hindering the arrival of vaccines to countryside municipalities in the short term, he said.Montana’s New Governor Reverses Measures (7:18 a.m. HK)Montana’s new Republican governor, Greg Gianforte, reversed Covid-19 restrictions imposed by his Democratic predecessor, the Billings Gazette reported. Gianforte is lifting restrictions on capacity and hours of operation at bars, restaurants, casinos, breweries, distilleries and other businesses, effective Jan. 15, the newspaper said. With a population just over 1 million, Montana has reported 1,069 virus deaths, according to the state’s online dashboard.Disneyland ‘Super POD’ Opens (7:10 a.m. HK)California’s Orange County opened a vaccine center “Super POD,” or point-of-dispensing site, at Disneyland in Anaheim on Wednesday. The site, one of five such large locations the county plans to open, will offer shots to more than 7,000 people a day. Disney is providing staffing assistance as well as space on its Toy Story lot.Some 10,000 people signed up in the first two hours Tuesday, according to Andrew Do, chairman of the county board of supervisors. People are encouraged to sign up through a website or app and will need a reservation to get a shot at the facility. Right now only people in the first tier of eligible residents, such as first responders and health care workers, are allowed.Australia Defends Its Vaccine Approach (7:02 a.m. HK)The Australian government reaffirmed confidence in its “portfolio approach” to Covid-19 vaccines as the nation prepares to inoculate its population next month.“That has been the best medical advice available to us. What we know with the AstraZeneca vaccine is that it’s safe, that it’s available, that it can be manufactured here, it can be transported at normal refrigeration levels,” Treasurer Josh Frydenberg said Thursday.The clarification comes after some medical groups called for the government to pause the rollout of the AstraZeneca Plc vaccine because of concern that it may not be effective enough to generate herd immunity. “The AstraZeneca vaccine saves lives and it is important,” Frydenberg told Sky News.J&J’s Shot Grants Lasting Response (7 a.m. HK)Johnson & Johnson’s experimental one-shot Covid-19 vaccine generated a long-lasting immune response in an early safety study, providing a glimpse at how it will perform in the real world as the company inches closer to approaching U.S. regulators for clearance.More than 90% of participants made immune proteins, called neutralizing antibodies, within 29 days after receiving the shot, according to the report, and participants formed the antibodies within 57 days. The immune response lasted for the full 71 days of the trial.J&J’s progress is being closely watched because its vaccine has the potential to become the first that can protect people after just one shot, making mass-vaccination campaigns much easier.Mexico Days Away From Approving Sputnik Vaccine (6:42 a.m. HK)Finance Minister Arturo Herrera said Mexico was two days away from approving Russia’s Sputnik vaccine for its use in the country. Herrera didn’t provide details about the shot’s effectiveness, or how Mexico is making sure the vaccine is safe.Pfizer Vaccine Applied for Hong Kong Rollout (6:15 a.m. HK)The Pfizer-BioNTech vaccine is the first to have applied for an emergency rollout in Hong Kong, with a government advisory panel expected to decide as soon as Monday whether to recommend its use, the local South China Morning Post reported, citing panel experts.Denmark Extends Its Lockdown (6 a.m. HK)Denmark extended a lockdown that’s been in place since the end of last year, as health authorities warn that a British mutation of the coronavirus is spreading at an alarming rate.With a 55% spike in the number of recorded cases of the U.K. variant — B117 — over the past four days, Denmark will keep its current restrictions in place until Feb. 7, Health Minister Magnus Heunicke said. He said authorities registered 208 cases of the mutation on Wednesday, though state broadcaster DR has reported that the true figure could be multiples of that.Restrictions, which include the shutting of restaurants, bars and non-essential shops, as well as schools, were to expire Jan. 17.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

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