Fast Company Oxford announces COVID-19 vaccine: Here’s what to know

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From: Fast Company Compass - Monday Nov 23, 2020 02:25 pm
Fast Company Compass
The announcement of a new COVID-19 vaccine from Oxford University—the third such breakthrough in as many weeks—is reason to celebrate. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
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The announcement of a new COVID-19 vaccine from Oxford University—the third such breakthrough in as many weeks—is reason to celebrate. While the Oxford vaccine is reported to have a 70% efficacy rating, scientists believe they can boost that number with some tinkering. Perhaps most important, Oxford’s vaccine looks to price in the $4 per dose range—a fraction of the cost of similar vaccines from Pfizer and Moderna.

Yet as Adele Peters reports, life may not go back to normal for some time. Even after you’ve been vaccinated, if you’re lucky enough to get a vaccine in the months that follow the initial rollout, you’ll still have to wear masks and practice social distancing. Pfizer’s study showed that its vaccine has 95% efficacy. But there’s still a risk: Scientists don’t yet have all of the necessary data to know exactly what it’s effective at preventing. Read more here.
 
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Oxford announces COVID-19 vaccine: Here’s what to know
Another week and more good news in the fight against COVID-19, this time from Oxford University in the United Kingdom. The Oxford vaccine has a major drawback that the American vaccines don’t, but it also has some key advantages.
The Oxford vaccine only has a 70% efficacy rating, but it could increase: That efficacy rating is not as good as the vaccines from Pfizer (95% efficacy) and Moderna (94.5% efficacy). However, a smaller trial within the main trial showed that people who received a half first dose followed by a subsequent full dose had a 90% chance of being inoculated from the virus.
The Oxford vaccine is far cheaper: While Pfizer’s vaccine costs about $20 per dose and Moderna’s vaccine costs about $34 per dose, Oxford’s vaccine is only about $4 per dose. This could make the Oxford vaccine the better option to inoculate poorer, developing countries. Pharma giant AstraZeneca says it will make three billion doses for the world next year.
The Oxford vaccine doesn’t require extreme cold storage: This is perhaps the biggest advantage the Oxford vaccine has. While the Pfizer vaccine needs to be stored at -94°F, and Moderna’s needs to be stored at -4°F during shipping, the Oxford vaccine requires only standard refrigeration.
 
 
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