paul stoffels and dr. george yancopoulos. thank you both for joining us. dr.thout a vaccine and where do things stand with what you're working on right now? >> well, we all hope it will pass without a vaccine because that would be great if the disease goes away very quickly. but we don't think so. it's now spreading around so fast and so significant that we need a vaccine to control it. where are we? we are preparing clinical trials and we start clinical trials in september and hopefully have data by the end of the year, as well as now working towards 1 next year. we're upscaling manufacturing and we start producing late in the year with the aim of delivering 1 billion of vaccines next year. >> so that's all next year, is there any possibility that the hope that the president had called for earlier in the week that there could be some effective vaccine in 2020, is that realistic at all? >> well, clinical trials will need to be done to show it's effective. that will take some time. we'll have some vaccine available this year it will depends on the authorities,

lassoed only so far this will get false you could read it and then if possible stoffel samples will be freed up for 4 days get the entire what we thought would work too slow walk us more before we flew home going to cost a little uncertain 15 years. too much to the same story since by brute force battle would be just as bad for everybody he says that he felt. his civil war that ravaged sierra leone from 1991 to 2002 devastated the country's infrastructure. but there are now signs of growth new buildings are rising up all over the country's capital freetown. yet in the midst of this revival and lack of sufficient funds still bring some of the work to a complete halt. on the polish that they get out of my mama not them tell them but not all but that he or she. can get a bargain made them particularly if you think about all of. those carrying on such a matter and has 7 children live in this half constructed house. now you. know but you know. i need to try and work on the numbers that came out of us out amount by china that amount lol. oh my god i. am not bound to mind though i showed them

voting trompette back and accuse twitter of trying to interfere in the 2020 presidential election and stoffel free speech. to business and technology sectors argued the order could could freedom of speech across the internet while legal experts are warning that it conflicts with the existing law which only the congress and not the president can change it really is a complete misreading of section $230.00 it takes. a law that has been interpreted time and time again very very broadly by multiple federal circuit courts and just says i'm replacing all of this with my own interpretation that i have no right to give about how to interpret this or a law and so no it's really not going to have any staying power in a court i may really is kind if you have a piece of writing on the phone or that means the order will likely be challenged in court ahead of the november presidential election. earlier we spoke to did obvious washington bureau chief alexander phenomena duster what motivated the whole trial to sign this controversial executive order. the logic behind this executive order is intriguing and t

middle so i certainly think i would not be surprised to see more losses when we see next month 317 stoffel find at this hospital in san diego those who remain say some of those were frontline kovan stone as with millions of others in the u.s. then without their employer based health insurance when they may need it most everybody was still devastated were reeling from that. everybody demoralized on the or is that right now and of course there were. a lot of. or nurses and now they're worried that after a 14. day between 2 to 14 database and spirit what if they get infected and that we don't have insurance so. it's easy for a lot of. executives. you know these health care workers and there's a hero and then they can really just drop it like nothing but palomar health which runs the hospital said it had no choice not only is revenue down in areas not connected to the pandemic it isn't treating high numbers of patients on either meanwhile health care workers who remain acing that hours on wages cut while fearing job loss and that's particularly so it will have been a little noticed but a growi

middle so i certainly think i would not be surprised to see more losses when we see next month 317 stoffel 5 at this hospital in san diego those who remain say some of those were frontline kovan stone as with millions of others in the u.s. then without their employer based health insurance when they may need it most everybody was right we're still devastated were reeling from that. everybody demoralized on the or is that right now and of course there were. a lot of. or nurses and now they're worried that after a 14. day between 2 to 14 database and spirit what if they get affected that we don't have insurance so. it's easy for a lot of. executives. you know these health care workers and their hero and then they can really just drop it like nothing but palomar health which runs the hospital said it had no choice not only is revenue down in areas not connected to the pandemic it isn't treating high numbers of patients either meanwhile health care workers who remain acing that hours on wages cut well fearing job loss and that's particularly so it would have been a little noticed but a growing

paul stoffels, chief scientific officer at johnson & johnson. really great to have you on the show.up, the ceo of blackrock has a stark message for corporate america. we will discuss that next. this is bloomberg. ♪ nejra: economics, finance, and politics. this is "bloomberg surveillance ." early this morning, the nordea cut.delivered a unexpected it cut to zero, but the outlook is mostly ugly to stay at this level for some time, so perhaps that is most likely to stay at this for some time. a newsernor delivering conference right now. what we have been hearing is that basically the nor just bank remains a potential actor in the currency market. with the drop in oil prices, one of the factors that sees the krona drop of late. also saying that there is large uncertainty around the unfair -- the effectiveness of negative rates. we have seen this from norges bank as well. the governor says this can help reduce the impact of downturn and they remain focused on the inflation goal over time. do not miss our interview with the governor of norges bank later. everything has a stark message for

stoffels from johnson & johnson about how we can stop it. >> it is a ds enhancing problem, which a vaccine could have when it is not correctly developed. >> so it's obviously very scary and the way to avoid that, kelly, is to make sure you do giant clinical trials to assess safety, even in short timelines. these companies are talking about tens of thousands of people being tested in the phase iiis, kelly. >> although, who would they test you know what i'm saying if we want to test everybody before we give it to anybody, that seems like a bit of a catch 22 >> that's the issue with clinical trials in general, but it's fascinating to talk to people about the structure of the clinical trials. they have to go to where the outbreaks are. and dr. gottlieb has talked about this doing cluster vaccinations, around people that you know who came into contact with somebody who is sick, that's how they proved the ebola vaccine works and it's a good way of showing efficacy fast >> and i see the little paw in the background, too, meg >> sleeping dog. >> our meg terrell >>> coming up, tensions with china a

middle so i certainly think i would not be surprised to see more losses when we see next month 317 stoffel 5 at this hospital in san diego those who remain say some of those were frontline kovan stone as with millions of others in the u.s. and then without their employer based health insurance when they may need it most everybody was right we're still devastated were reeling from that. everybody demoralized on the or is that right now and of course there were. a lot of. or nurses and now they're worried that after a 14. day between 2 to 14 database and spirit what if they get infected that we don't have insurance so. it's easy for a lot of. executives. you know these health care workers and nurses are hero and then they can really just drop it like nothing but problem our health which runs the hospital said it had no choice not only is revenue down in areas not connected to the pandemic it isn't treating high numbers of patients either meanwhile health care workers who remain acing that hours on wages cut while fearing drug laws and that's particularly so it will have been a little noticed

. >> reporter: johnson & johnson chief scientific officer, paul stoffels can have a dozens availablee saying it's going so fast. i'm worried about the safety. >> it's been used lot in animals and people from small kids tomorrow derly, from people who are healthy to people who are very sick like hiv. so we have been testing that in a very controlled way already. >> reporter: accelerating the vaccine timeline has raised some questions about safety. harbor individual immu immunologyist -- you don't think we're sacrificing safety? >> i don't think anybody is thinking about compromising in any manner, shape or form, but we will only know that after the initial safety studies and it's not obvious. >> reporter: even if we see a successful vaccine by early next year, it will take several years before enough people are immunized to create widespread protection and a realistic expectation would be it will make a difference in two to three years >> make a difference in two to three years. a really big difference and not just in the u.s. but hopefully in many other countries. >> reporter: dr. jo