Touring business on alert after Omicron warning
Moderna chief's prediction over vaccine efficacy sparks concern among live industry, as global markets fall
News By James Hanley | 30 November 2021
The global touring business is on high alert following the detection of the new Covid variant Omicron.
While it will take two weeks for definitive data to emerge, an interview with Moderna chief Stephane Bancel in today’s FT – in which he predicted existing vaccines would be “much less effective” at tackling Omicron than earlier strains of the virus – has raised alarm bells across the industry.
“There is no world, I think, where [the effectiveness] is the same level . . . we…
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