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On September 6, the board of directors of China Reinsurance approved and disclosed a plan to issue domestic shares to specific targets. The issuance, to be subscribed by the Ministry of Finance in cash, aims to raise a total of RMB 3 billion. After deducting relevant issuance expenses, all proceeds will be used to increase China Reinsurances core tier 1 capital. The final fundraising amount and issuance plan are subject to final approval from relevant regulatory authorities. The issuance price is RMB 1.33 per share, representing a premium over China Reinsurances recent H-share secondary market price. Approximately 2.256 billion shares are planned to be issued, and the subscribers have committed to holding these shares for the long term.Ukrainian President Volodymyr Zelenskyy said on Sunday, ahead of a meeting with the U.S. peace envoy in Kyiv, that Ukraine wants an end to the war and needs security guarantees.September 6th - According to the emergency rescue command center for the "8.26" mudslide disaster in Gyirong County, Tibet Autonomous Region, as of 6 p.m. on September 5th, the disaster has resulted in 43 deaths and 519 missing persons.September 6th - Iranian Parliament Speaker Mohammad Ghalibaf stated in an open parliamentary session today (September 6th) that the recent attacks by Iranian armed forces on US bases "are just the beginning," and that the US should recognize that "the rules of the game have changed." Any future actions against Iranian interests and security will be met with a "faster, fiercer, and more painful" response.On September 6th, special commentator Su Xiaohui stated that Russia and Ukraines agreement to halt attacks on each others capitals for three days, ostensibly to technically ensure the safety of the US delegations trip, actually reflects the ongoing intense power struggle between the two sides. Both are trying to shift the pressure from the US onto their adversaries. Overall, with the Middle East deadlock unresolved, the USs current European diplomatic trip aims to demonstrate its continued diplomatic capability to advance major agendas. Ukraines earlier proposal to halt attacks on the Russian capital was essentially passing the buck to Russia, accusing Russia of undermining the negotiation process; Russias swift response, returning the buck, reflects that both Russia and Ukraine value the USs role, wanting to respond to US diplomatic considerations while simultaneously seeking US support for their own positions.

Pfizer seeks U.S. approval for a reformulated Omicron vaccination booster

Aria Thomas

Aug 23, 2022 10:55

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Pfizer Inc (NYSE:PFE) and its German partner BioNTech stated on Monday that they had submitted an application for U.S. approval of a COVID-19 vaccine booster modified to target the Omicron form and that doses would be available for distribution immediately following regulatory clearance.


The request to the Food and Drug Administration was for a bivalent vaccine containing both the widespread BA.4/BA.5 variants and the original coronavirus strain. It is intended for persons older than 12 years.


Pfizer indicated that it was set to fulfill a $3.2 billion contract with the United States government for 105 million doses, including Omicron-tailored injections, in September.


Albert Bourla, the chief executive officer of Pfizer, said in a statement, "We are prepared to immediately begin distribution of the bivalent Omicron BA.4/BA.5 boosters if approved."


Countries, including the United Kingdom, the United States, and members of the European Union, have prepared fall vaccination campaigns to protect against future outbreaks. The United Kingdom was the first nation to approve a bivalent immunization developed by Moderna last week (NASDAQ:MRNA).


Bourla announced on Twitter that Pfizer plans to finalize its submission to the European Medicines Agency in the next few days (NYSE:TWTR).


Similar to how annual changes to influenza vaccinations are handled, the FDA requested in June that COVID-19 vaccine producers modify injections to target the two sub variants and noted that it would not require new human testing studies for approval.


According to mid- to late-stage studies, Pfizer's older BA.1-tailored vaccine demonstrated a superior immune response against the subvariant.


This month, it is anticipated that a study of the BA.4/BA.5 vaccine in adults aged 12 and older would commence.