Corona Doom 2.0: FDA Approval
You may die, which is normal and since we enjoy total immunity against lawsuits,we really dont care!
FDA Approval Greases Skids For Booster Shots
In our Corona Doom 2.0 post earlier this month, we wrote that the government would use the threat of renewed lockdowns to push the unvaccinated to get vaccines, and that that would benefit one of our recent top names, BioNTech (BNTX), the vaccine maker that partnered with Pfizer (PFE).
In our follow up last week, we wrote that the prospect of booster shots would give BioNTech and another recent top name of ours, Moderna (MRNA) an added boost:
In a nice twist, the vaccine makers are benefiting from an unexpected decline in the efficacy of their vaccines. As a result, the Biden Administration is now recommending Americans who are already vaccinated get a booster shot of the vaccine eight months later.
On Monday, the vaccine-makers got another boost when the FDA gave full approval to the Pfizer-BioNTech vaccine (the vaccine had been available up to now under an emergency use authorization).
Skeptics Question The Timing
Our friend Andy Swan was one of the observers who wondered whether the FDA was too hasty in giving full approval of the vaccine, as some of the data relating to possible side effects won't be available for FDA review for years.
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