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Moderna would seek limited emergency use of COVID-19 vaccine based on early data

September 17, 2020 Editor Comments Off on Moderna would seek limited emergency use of COVID-19 vaccine based on early data

If Moderna Inc’s COVID-19 vaccine proves to be at least 70 percent effective, the company plans to seek emergency authorization for its use in high-risk groups, the company’s chief executive told Reuters. Moderna’s vaccine candidate – mRNA-1273 – is nearing the finish line in its push to enroll 30,000 individuals in a late-stage trial of a novel coronavirus vaccine. An independent safety board will take a first look at Moderna’s data as soon as a total of 53 people in the trial become infected with COVID-19. …read more […]

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U.S. plans for hundreds of millions of cheap, fast COVID-19 tests

September 17, 2020 Editor Comments Off on U.S. plans for hundreds of millions of cheap, fast COVID-19 tests

Manufacturing and government sources tell Reuters that more than half a dozen so-called antigen tests will likely be authorized by the end of October. U.S. regulators in recent months have authorized antigen tests from Abbott Laboratories, Becton Dickinson & Co, Quidel Corp and LumiraDX. When planned production of the newly authorized tests are combined with previously approved diagnostics, overall monthly U.S. testing capacity will exceed 200 million per month by year end, these sources said. …read more […]

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Dakota Access Oil Pipe Likely Safe From Shutdown Through 2020

September 17, 2020 Editor Comments Off on Dakota Access Oil Pipe Likely Safe From Shutdown Through 2020

(Bloomberg) — The Dakota Access oil pipeline is poised to stay in service at least through December under a new court schedule, assuming the Trump administration doesn’t force a shutdown.Under the proposed briefing schedule filed Wednesday, a federal court in Washington won’t be prepared to rule until late December, at the earliest, on a renewed bid to halt the line.The proposed schedule would give tribes opposed to the Dakota Access until Oct. 16 to file a new request to shutter it. Lawyers for the Army Corps of Engineers and pipeline operator Energy Transfer LP would have until Nov. 20 to …read more […]

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Canada’s Pension Fund Math Doesn’t Add Up

September 17, 2020 Editor Comments Off on Canada’s Pension Fund Math Doesn’t Add Up

Canada, oh Canada.
The land up north is in the news and in our mailbag this week – both with ideas that make us smile.
We’ll start with the latest word from Canada’s famed pension fund.
It has a big charge. It must turn a lot of money into a whole lot more. And it must do it without going broke in the process.
It’s that last part that apparently has its bosses tossing and turning at night.
This whole zero interest rate thing is really messing with their plans.
The latest worry is what to do with all those oh-so-safe government bonds. Back in the …read more […]