Connect with us

Business

Doctor testing Moderna vaccine says it’s ‘simply mind-boggling’ that injection may be ready in 2021

Published

on

Doctor testing Moderna vaccine says it’s ‘simply mind-boggling’ that injection may be ready in 2020

 

A doctor involved in a U.S. coronavirus vaccine study said he is hopeful but not convinced that an injection will be available for circulation this year.

Dr. Carlos del Rio, an Emory University professor of medicine, told CNBC on Friday that a Covid-19 vaccine could be ready in some form for distribution by the end of 2021 but cautioned that it’s an unprecedented timeline.

Advertisement

“I am cautiously optimistic,” del Rio said on “Power Lunch,” echoing comments earlier that day from immunologist Dr. Anthony Fauci. “We are developing at a pace that has never been done before.”

Atlanta’s Emory University is one site testing a Covid-19 vaccine candidate from Moderna, which in March initiated the first U.S. clinical trial for a solution. Fauci, a leading health advisor on the White House’s coronavirus response team, in a Friday morning interview on NPR said his projected timetable to develop a vaccine — a 12- to 18-month process — remains “intact” and that it’s “conceivable” an injection could be ready to deploy in December.

“Trying to think that, a year after a virus has been identified, we will have a vaccine ready to deploy and ready to go into massive distribution, it’s simply mind-boggling to me,” del Rio said. “I have to be a little cautious and say I hope it happens, but I don’t want to be — I want to make sure we do it the right way.”

Advertisement

In a 65-day window, researchers have isolated and identified the virus and begun testing a potential vaccine on humans, del Rio said.

“That has never, ever occurred before,” he said.

Moderna’s study is being carried out at Emory’s Vaccine and Treatment Evaluation Unit and the Kaiser Permanente Washington Health Research Institute in Seattle.

Advertisement

While it typically takes a decade of research to develop a vaccine for public use, experts are trying to respond quickly to the coronavirus, which has infected at least 5 million people and was connected to almost 336,000 deaths around the globe as of Friday afternoon, according to data compiled by Johns Hopkins University.

Moderna, a Massachusetts-based biotech firm working with the National Institutes of Health to fast-track its vaccine candidate, released encouraging data from its phase one study — seen as a safety phase — with 45 participants earlier this week that excited Wall Street investors. The company expects to begin phase two trials, giving doses to 600 participants, soon and phase three in July. The company plans to have a vaccine ready for the market in early 2021.

A vaccine is seen as one key remedy to help people venture out of the house without being worried about contracting the deadly disease and in turn getting the U.S. economy, which is partially open, back in full swing. Del Rio said the entire population would not need to get the vaccine for it to be effective in controlling future outbreaks.

Advertisement

“If you get 40% of people vaccinated and 20% got the disease, you will get to herd immunity,” he said. “So that’s where we need to get. We don’t need to get 100% of people vaccinated. Herd immunity will then help us.”

The coronavirus outbreak was first seen in the Chinese city of Wuhan late last year.

 

Advertisement

(Note: This is a Article Automatically Generated Through Syndication, Here is The Original Source

Passionate news enthusiast with a flair for words. Our Editorial Team author brings you the latest updates, in-depth analysis, and engaging stories. Stay informed with their well-researched articles.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

World

More Trouble For Microsoft, OpenAI: Eight US Newspaper Publishers File Lawsuit For Copyright Infringement

Published

on

More Trouble For Microsoft, OpenAI: Eight US Newspaper Publishers File Lawsuit For Copyright Infringement

Trouble for Microsoft and OpenAI over copyright infringement is not coming to an end, as they face several lawsuits for violating copyrights.

On Tuesday, eight US newspaper publishers sued Microsoft for illegally reusing articles in AI products.

The 98-page long lawsuit further accused the tech companies of attributing erroneous information to the publishers.

Advertisement

The eight newspapers that have filed the lawsuits include the New York Daily News and the Chicago Tribune.

They allege that OpenAI’s ChatGPT used their copyrighted articles to perfect its language models without permission.

The lawsuit was filed in a New York federal court on Tuesday. The publishers claim that OpenAI’s large language models, GPT-2 and GPT-3, were perfected using datasets containing text from their newspapers.

Advertisement

The language models are designed to produce text based on human inputs and reproduce copies of the publishers’ works. Microsoft has been indicted for using newspapers for its Bing search index but seldom provided links to the original articles. Four months ago, The New York Times also filed a lawsuit against OpenAI, accusing the tech giant of using data from its past content. It also asked for consent for usage, criticizing the use of full article excerpts in chatbot responses.

The latest lawsuit filed by the eight news outlets also demanded consent and fair value for using their content to perfect the AI language models. The lawsuit alleged that the AI tools literally regurgitate their content without directing users to the content source.

The lawsuit filings stated, “This lawsuit arises from defendants purloining millions of the publishers’ copyrighted articles without permission and without payment to fuel the commercialization of their generative artificial intelligence products, including ChatGPT and (Microsoft’s) Copilot.”

Advertisement

The eight newspapers that instituted the lawsuits are as follows:

  • The New York Daily News and The Chicago Tribune, both owned by Alden Global Capital
  • The Orlando Sentinel
  • The Sun Sentinel
  • The San Jose Mercury News
  • The Denver Post
  • The Orange County Register
  • The St. Paul Pioneer Press

OpenAI’s Response

OpenAI did not directly respond to the accusations but stated that it takes great care to support the news and media outlets. It also stated it is in continuous partnerships and conversations with various news outlets around the world to explore new opportunities, discuss problems, and seek out solutions.

Microsoft also stated that OpenAI has entered into fruitful partnerships with a number of publishers, which includes The Financial Times, The Associated Press, Spanish conglomerate Prisa Media, and Germany’s Axel Springer.

Advertisement
Continue Reading

Net Worth

Alan Patricof Net Worth 2024: How Much is the American Investor Worth?

Published

on

Alan Patricof Net Worth 2024: How Much is the American Investor Worth?

Who is Alan Patricof?

Alan Patricof is a prominent figure in the American investment landscape, renowned for his contributions to venture capital. With a career spanning over four decades, Patricof has been instrumental in shaping the growth of numerous global companies, including America Online, Apple Computer, and Audible. His legacy extends beyond business, with involvement in community organizations and government initiatives.

Alan Patricof Career

Alan Patricof’s career in venture capital began in the industry’s early days. He founded Patricof & Co. Ventures Inc., a precursor to Apax Partners, one of the world’s leading private equity firms. Later, he established Greycroft Partners, focusing on early and expansion-stage investments in digital media. Throughout his career, Patricof’s vision and leadership have played a pivotal role in advancing the venture capital field.

Alan Patricof’s Net Worth

As of May 3, 2024, Alan Patricof’s estimated net worth stands at over $1 million. His wealth is derived from various investments, including holdings in Boston Properties Inc. and successful ventures in digital media. Despite humble beginnings, Patricof’s entrepreneurial spirit and strategic acumen have propelled him to financial success.

Advertisement

Alan Patricof Age

Born in 1934, Alan Patricof is currently in his late eighties. Despite his advanced age, he remains active in the business world, leveraging his wealth of experience to mentor emerging entrepreneurs and drive innovation.

Alan Patricof Family: Wife and Children

Alan Patricof has been married to his wife Susan for over 48 years. Together, they have three children and seven grandchildren. Family holds great importance to Patricof, and he credits his upbringing and heritage for shaping his values and work ethic.

Alan Patricof Height and Weight

While specific details about Alan Patricof’s height and weight are not readily available, his stature in the investment community is undeniable. Patricof’s impact transcends physical measurements, as he continues to leave a lasting legacy in venture capital and philanthropy.

Advertisement

Also Read: Mike Markkula Net Worth 2024: How Much is the Former CEO of Apple Worth?

Continue Reading

Net Worth

Stephen M. Ross Net Worth 2024: How Much is the Chairperson of The Related Companies Worth?

Published

on

Stephen M. Ross Net Worth 2024: How Much is the Chairperson of The Related Companies Worth?

Who is Stephen M. Ross?

Stephen M. Ross, the Chairperson of The Related Companies, is a distinguished figure in the real estate sector, renowned for his significant contributions and profound impact. Born on May 10th, 1940, in Detroit, Michigan, Ross embarked on his journey into real estate at a young age, demonstrating remarkable diligence and entrepreneurial spirit. Despite initially pursuing a career as a tax attorney, Ross soon discovered his genuine passion for real estate investment, laying the foundation for his illustrious career.

Stephen M. Ross Career

Ross’s career trajectory is marked by pioneering ventures and transformative projects. In 1972, he founded The Related Companies, which initially focused on subsidized low and moderate-income apartments. Over the years, Ross transitioned to higher-profile projects, including the iconic Hudson Yards development, valued at over $7 billion. His visionary approach and strategic partnerships have cemented his reputation as a prominent figure within the real estate industry.

Stephen M. Ross Net Worth

As of 2024, according to Celebrity Net Worth, Stephen M. Ross’s net worth stands at an impressive $10 billion, solidifying his status as one of the wealthiest individuals globally. Ross’s wealth accumulation is attributed to his unparalleled success as a real estate mogul, with an estimated annual income of nearly $700 million derived from royalties on his diverse property holdings. His continued involvement in the real estate sector, with ongoing projects in New Jersey and Florida, further contributes to his substantial net worth.

Advertisement

Stephen M. Ross Age

Currently, Stephen M. Ross is 83 years old, born on May 10th, 1940. Despite his age, Ross remains actively engaged in his professional pursuits, demonstrating resilience and dedication to his craft.

Stephen M. Ross Family: Wife and Children

Ross’s personal life is characterized by familial bonds and enduring relationships. He is happily married to Kara Ross and is the proud father of four children. Ross’s commitment to family values underscores his holistic approach to life and business.

Stephen M. Ross Height and Weight

Physically, Stephen M. Ross stands at a height of 6 feet 2 inches (1.88m) and maintains a healthy body weight of around 72 kg. Despite his busy schedule, Ross prioritizes his health and well-being, engaging in activities such as volleyball and tennis.

Advertisement

Also Read: Dave Ramsey Net Worth 2024: How Much is American Radio Personality Worth?

Continue Reading

Trending

This will close in 5 seconds