of dollars to mainly the 4 companies that you're about to see here you have astra zeneca getting the most but then you also have a durned out that just this week it's announced they're moving into face 3 of their vaccine trials you also have johnson and johnson and then a french company santa fe who will be working not just on a covert vaccine but also the next flu vaccine as well so with 4 companies in creating this vaccine scientists at oxford they're still pretty confident we could have won by this fall listen here remains the case that. the. most of it it's entirely possible that it is not a transmission. in the road to be sure of time and you could make use of actually you know it's going to time. that is bullshit this is really if you want to move towards the end of the good. usually you go to going to school. and so fair real quick we just heard what mr pollard had to say there there is news this morning about china conducting some vaccine trials what's going on with that right so a study published in the medical journal the lancet reports that actually china's 1st covert 19 t

cost but here's where the government's messaging gets a bit confusing because the oxford university astra zeneca tie up is being talked about is being able to pump out 100000000 doses of a vaccine by september with u.k. citizens being 1st in the queue but as far as we're aware no vaccine actually exists yet and writing in the mail on sunday the british prime minister boris johnson warned everyone that the path of getting to a vaccine was still a long one and even said we might never get to one being developed. this is all just here these are the top stories the world's 3rd largest economy is in recession as a kid on a virus pandemic hits business and industry hard japan's g.d.p. declined by almost one percent in the 1st quarter of the year prime minister shinzo abi announced a massive release food program last month to keep the economy on track. and ia has extended a nationwide lockdown for another 2 weeks schools malls and other public places will remain closed the shutdown has forced thousands of migrant workers to head back to their home states often on foot brazil's president jetta bo

cost but here's where the government's messaging gets a bit confusing because the oxford university astra zeneca tie up has been talked about as being able to pump out 100000000 doses of vaccine by september when u.k. citizens being 1st in the queue but as far as we're aware no vaccine actually exists yet and writing in the mail on sunday the british prime minister boris johnson warned everyone that the path of getting to a vaccine was still a long one and he even said that we might never get to one being developed. workers at america's 3 largest car makers are going back to the assembly lines that return comes a sales plummet when automakers post massive losses as john hendren reports the industry faces a number of questions including how it will keep book a safe. america's auto workers are back to a strange sterile new world employees at detroit's big 3 for general motors and feel chrysler return on monday to manufacturing plants where the new normal is one part assembly line one part hospital series 977 above this will turn red that'll turn red in coming workers temperatures are checke

cost but here's where the government's messaging gets a bit confusing because the oxford university astra zeneca tie up has been talked about as being able to pump out 100000000 doses of a vaccine by september with u.k. citizens being 1st in the queue but as far as we're aware no vaccine actually exists yet and writing in the mail on sunday the british prime minister boris johnson warned everyone that the path of getting to a vaccine was still a long one and even said that we might never get to one being developed. the us president has hit back at criticism from former president barack obama who said the government has fumbled its response to the pandemic but he was gone for president that's all i can say grossly. speaking as he arrived back at the white house from his weekend retreat at camp david donald trump again boasted that a cure would be found by the end of the year contracted timelines for medical experts the us has the most virus deaths and infections in the world by far more than 89000 people have died and there are almost one and a half 1000000 cases but the u.s. congress deba

recibirÁn astra $365 por niÑo.so de pruebas como requisito de admisiÓn. pide a los re dores que se suspendan esas pruebas hasta el aÑo 2024. la propuesta serÁ debatida el prÓximo 21 de mayo. la administraciÓn de california cancelarÁ las actividades de otoÑo en sus campos. las clases en niÑa comenzaron en marzo. miles de preparatorias en todo el paÍs estÁn a punto de concluir el aÑo de manera virtual. julio cÉsar ortiz nos dice cÓmo esto afecta a los jÓvenes. julio: sofÍa esperaba recibir su diploma, sin embargo el diploma llegara, pero sin sus seres queridos. >> no puedo ver a mis amigos, les extraÑo mucho. >> ansiedad, hinojo, aislamiento, melancolÍa, tristeza. a ellos todavÍa les cuesta trabajo cÓmo vamos a hacer. >> esto debe formar parte de la nueva dinÁmica. >> cuando hay unidad y se habla es mÁs saludable que esconder la realidad. >> fue muy bonito encontrarme. paola: bajaron un poco las temperaturas este martes, pero despuÉs de ligeras lluvias el calor vuelve esta semana. suheily lÓpezbelÉn nos cuenta mÁs. l

cost but here's where the government's messaging gets a bit confusing because the oxford university astra zeneca tie up has been talked about as being able to pump out 100000000 doses of vaccine by september when u.k. citizens being 1st in the queue but as far as we're aware no vaccine actually exists yet and writing in the mail on sunday the british prime minister boris johnson warned everyone that the path of getting to a vaccine was still a long one and he even said that we might never get to one being developed. is a 2nd virus wave in china as it sends hundreds of medical personnel to an affected area that's still coming up. and together at last afghanistan's political rivals make a deal but they've still got to get to produce peace. more than 500 medical personnel have been sent to china's northeast in jilin province as the region struggles with a new cluster of corona virus cases meanwhile china's campaign to test as many of who hands 11000000 residents as possible is heading into its 5th day after a new cluster of cases there the city is thought to be where the virus originated the

confirm that with government support oxford university has finalized a global licensing agreement with astra zeneca for the commercialization and many fracturing of the oxford vaccine this means that if the vaccine are successful astra zeneca will work to make $30000000.00 doses available by september for the u.k. as part of an agreement to deliver $100000000.00 doses in total the u.k. will be 1st to get access and we can also ensure that in addition to supporting people here in the u.k. we're able to make the vaccine available to developing countries at the lowest possible cost roy talent is following this for us in london he says the british government is optimistic about of axing but also warning that 1 may never be produced. it's been fast tracked 12 months to be finished next about so some 2021 middle of the year now it's a big part of think of the government's ambitions approach the u.k. right at the forefront of the global drive to create research and develop a vaccine for corona virus the main problem at the moment is that as we can know there isn't a vaccine so. it's something that.

well, look at astra-zeneca. the u.s.ill invest $1.2 billion into this company and others to get a virus vaccine but there's more on astra-zeneca. i will tell you about it. in july, they've got 30,000 americans in a human trial of their virus vaccine, and they hope, if all goes well, they can get 300 million doses of their vaccine out there in america by the early fall. that's why astra-zeneca is up. competition for the other guys. lot of companies are not doing badly. waiting for the country to reopen. i want to bring in market watcher heather zumarraga because heather keeps close touch of some indicators on a daily basis of how we're doing with opening up this economy. welcome back to the show. you use this driving app. what's it telling you? >> well, i use the driving app not just to look at as an indicator but also because i never know where i'm going, so it helps, keeps me from getting lost. look, driving apps are showing an increase in demand from the trough, at the lowest point they were down 50% when we shut down

is secured about a 3rd of the 1st $1000000000.00 doses planned for astra zeneca experimental vaccine by pledging some $1200000000.00 india is preparing to resume domestic flights within days the country's civil aviation ministries proposed rules including protective suits and goggles for flight attendants and no food served on board and health care workers in britain thailand have started taking part in a trial to determine whether to the malarial drugs can prevent covert 19 including one that president trump says he has been taking. and the u.s. president has ordered flags on government buildings to be flown at half mast in memory of covered 900 victims more than 90000 americans have died of the disease so far the president says there should be a should there be a 2nd wave of factions he would not impose another lockdown and during a factory visit he set off a controversy about face masks. did dano dawna moscow didn't despite a state and company policy making it mandatory for president trump chose not to wear a face must during his tour for food factory in michigan the plant has bee

has secured almost a 3rd of the 1st $1000000000.00 doses planned for astra zeneca experimental vaccine pledged some $1200000000.00 for that and health care workers in britain and thailand started taking part in a trial to determine whether 2 antimalarial drugs can prevent cope with 19 including one that u.s. president donald trump says he has been taking. but here in germany restrictions are gradually being eased across the country people are now allowed to travel to other regions many are now taking the opportunity to finally get outside and visit some of the nation's best loved tourist sites. a scene of natural calm a lake in bavaria but looks can be deceptive thousands of people seize the chance to head for the hills again it's our 1st trip in many weeks and tourists cheered by the relaxation of pandemic restrictions locals not so much. if you want to cross the road or park your car it's completely full everywhere and . a different story at the other end of the country on the island of zilch it's normally packed with tourists but now very few people are allowed onto the island and i

you know, i just love seeing these teslas versus the astra van. who did these?ng in the site is pretty high. >> at all if you caught this one, we can sit briefly on the shots. the license plates is iss a bnd iss abound if followed? [laughter] hopefully they will be today. we just needo the weather to stay i mean it looks pretty nice right now? obviously it's not just what the weather conditions are here they've got to think downrange in case of an abort and make sure it's okay for recovery if we get into a situation like that which is unlikely. >> this elevator will take them up to level 255. not to a 55 floors but 255 feet. from there they will take, once they get up there in the elevators prettyy zippy though get up there quickly, they will get out the walk up another flight of stairs to level 265 and that is where they will greet the crew. so i don't know, obviously leland has been and that elevator lord you've been out there but the first time i wrote in the elevator and woe were really moving in this. it was a little bit of a jolt when it first goes. >> yet

i know you partnered now with astra-zene krch astra-zeneca, one of the biggest drug companies in theld. when you say millions of doses, what does that mean? you're looking at many billions of people. you're not going to get there. how much can you ramp this up? >> that's the gu news. as you say we partnered with a major manufacturer that sells vaccines. we have been working for really a week very closely with them and the news is very good. their plans really chime very well with what we were hoping to do. and you're right. we're not looking for a million doses. we're looking for hundreds of millions, maybe eventually a billion doses some time next year. you know, that's looking feasible. and if this pandemic carries on, spreading and growing in some countries and diminishing in others, we're going to be looking as a community maybe several different companies with different vaccines, trying to vaccinate billions of people. so, you know, we could get there first and produce close to a billion by the end of the year, that's a hugely tall order but it's not totally unreasonable. so, we

feeling president trump, you know, if he talks about these vaccines and things, particularly this astra-zeneca news, could move this market. liz: yeah. you know, that news has been out, though, for several hours, so we got to get something else and we may very well, right, charles? because the breaking news is the gears of the nation's auto plants are starting to grind after a multi-month lockdown. let me show you a live picture of ford's plant in ipsilante, michigan. it happens to be wone of the factories ford repurposed to manufacture ventilators during the worst of the coronavirus outbreak. president trump is meeting with african-american leaders right now. we will then watch him take a tour in this hour. we are then told that right after the tour, he's to deliver remarks. we will take you back there as soon as the speech begins. it all comes as the market sinks slightly after the labor department reported that nearly 39 million americans are now out of work. 39 million total. the bears holding the edge over the bulls right now as businesses do slowly come back online. lockdown orders come

those question about the children of the astra? >> both astronauts are fathers saw wondered what you would say what you said that you can share with us to the two little boys about what the dads are doing and the significance of it? >> i would start by saying, , ad they know this, the dads are heroes. american euros. they are laying the foundation for a new era in human spaceflight. it's an error in humans space flight were more space will be more available than ever before. we envision a future where low-earth orbit is entirely commercialized, where nasa is one customer of many customers, where we have numerous providers that are competing on cost and innovation and safety, but they are down costs, increasing access and we're putting out a business model, a public-private partnership business model that ultimately enables us to go to the moon, this time sustainably. in other words, will go to the men to stay. we love apollo. the apollo era was fantastic. the problem is that into. now we have artemis program which was our sustainab

astra has asked people to go into quarantine for quite awhile —— austria.is not something that is feasible if you have hundreds of thousands arriving at the airport every day. but it does mean that people who have a need for urgent travel right at the moment who are coming back to austria will be able to avoid the quarantine if they wish. that is useful context. let's talk to karen dee, chief executive of the airport operators in the uk, the trade association representing the trade association representing the interests of airports. thank you for joining the interests of airports. thank you forjoining us. what is your understanding of the measures to be introduced in the uk? at the moment we don't have any detail, u nfortu nately, we don't have any detail, unfortunately, so all we know it is as you know is that it is proposed that we may see a 14 day quarantine for incoming passengers. of the government has had medical advice which determines that this measure is needed at the moment i look forward to seeing that, but we should be under no illusion that thi

daily drama by wrist deaths in the u.s. a secured about a 3rd of the 1st 1000000000 doses planned for astra zeneca experimental vaccine by pledging some $1200000000.00 and health care workers in britain and thailand have started taking part in a trial to determine whether to anti-malarial drugs can prevent 19 including one the u.s. president trump says he has been drinking. about demick has of course forced schools around the world to close leaving millions of children without proper access to education this is also true for the thousands of children in a camp for syrian refugees located in jordan and 32 schools in there's a tare camp have been shuttered to prevent the spread of the virus reports now on one family who are doing all they can to make sure their children stay on top of their studies. ready set go sense dad begins to record how soon do says she learned the letter rain today and lists off word starting with it. how to. have. how long. have the wrong word on what. the recording is sent to her teacher who is working from home this is how the i-man family 6 children are either lear

has secured almost a 3rd of the 1st $1000000000.00 doses planned for astra zeneca experimental vaccine by pledging some $1200000000.00 india is preparing to resume domestic flights within days the country's civil aviation ministry proposing rules that include protective suits in godel's for flight attendants and no food served on board. and health care workers in britain and thailand have started taking part in the trial to determine whether to empty malarial drugs can prevent covert 19 including one that the us president trump says he has been taking time to brief you on other stories making the news today u.s. president trump says you may reconsider his stated intention to withdraw the u.s. from the open skies agreement with russia if it leaves the pact this would be the 3rd arms control agreement president trump has scrapped since taking office the treaty was designed to improve military transparency. russian media reports indicate the leader of chechnya has been hospitalized in moscow with suspected tobit 19. deer off is a key ally of president vladimir putin it is the latest case

scientists at oxford university and imperial college oxford university has just signed a deal with astra zeneca the pharmaceutical company it's a deal is being kind of in the in the offing for a few weeks now but finally got a signature to it which would mean that if they come to the development of a vaccine that they would produce $100000000.00 doses $30000000.00 of those doses would go towards the u.k. citizens they would get the 1st dibs on them essentially before the rest could go to other countries around the world and this this development is what i'm talking about september for this it's interesting messaging being this though because we have also heard from. boris johnson the prime minister in an article that he has written for the mail on sunday a british newspaper saying that the quest for a vaccine is still there still a lot of work left to do want it perhaps still a long way off and even he says we might never even get to one. thank you time there are a challenge that live from london. the endemic is having a significant impact on world economies around was in bad shape even

eastern on c-span two, with liftoff at 4:30 pm as astra -- as nasa astronauts launch to the international space station. then, a post launch briefing with a nasa administrator at 6:00 p.m.. and thursday at 11:15 p.m. eastern on c-span2 come alive all day coverage of the spacex crew dragon as a docks with the international space station, that the opening of the house between two space vehicles in the event between the crew dragon and the iss crew. atch live on c-span2, online c-span.org, or listen on the free c-span radio app. >> joining us live from montclair, new jersey, is the editor at large of inc. magazine talking.com and we are about the paycheck protection program. thank you for joining us. explain the paycheck protection program and give us this day's report on the new law? now there isht money available for businesses who need it. that allows them to get a loan backed by the fda that will allow you to pay your employees, potentially, while your business is closed. the first round of the money for the program was 349 billion dollars and it ran out after just under two weeks, about

. >> astra democrats, they are exploring options for virtual convention. >>> at 9:00 tonight, protesters will project messages onto facebook san francisco building towards the company shareholders to push for reworking facebook's political ad policy. they want to stop the spread of disinformation ahead of the november presidential election. faok shareholders are meeting tomorrow will consider having the company's political as policy study. >>> cal state units university students are prepared for virtual semester. the chancellor of the campus recently announced the majority of classes will be online this fall. that is a decision that will have an enormous impact on the 500,000 students. one parent of an incoming freshman says, her daughters heartbroken she won't be heading to campus this fall. >> she has been doing her virtual orientation, and she's missing out on the part she's missing out on the first is going driving into college, she's not getting the part.rece the vast majority plan to remain at the current colleges transfer to another college or dropout. >>> the pandemic has also cr

eastern on c-span two, with liftoff at 4:30 pm as astra -- as nasa astronauts launch to the internationalpace station. then, a post launch briefing with a nasa administrator at 6:00 p.m.. and thursday at 11:15 p.m. eastern on c-span2 come alive all day coverage of the spacex crew dragon as a docks with the international space station, that the opening of the house between two space vehicles in the event between the crew dragon and the iss crew. atch live on c-span2, online c-span.org, or listen on the free c-span radio app.

astra has given us the green light.his morning, we are finalizing the protocol for a phase three, the last part of the study, which we are hoping to start in july of this year. this study would be several thousand healthy subjects across many countries. we are finalizing the protocol as we speak. we are hoping that we can start in july with our plans, after a few months of enrolling people in those studies. in the fall, we should be able to get a good sense of the efficacy of our vaccine, and look to commercial production at the end of the year. vonnie: in terms of data, how many doses doesn't look like the drug will need to be used in? titles, of antibody what would you want those to be in the u.s.? the positive thing about this triedg's news is, we three varieties. it is typical in phase one were you try different doses to see where you get the best response. we are very pleased to report the first two doses, three weeks in apart, that all microgramss with 25 and 100 micrograms, showed that they had antibodies in thei

astra valley is at 44. dublin pauses and the low 40s. no 30s that i have found yet, except in ukiah, 39 degrees. in the desert southwest, the majority of the he will be down towards the desert in southern california and arizona. we will see the warmest day on thursday and friday. inland temperatures, does not take much to warm up. 70-80 degrees. these lows, we were left overcome these. it's a big spread on the lows in the highs today. temperatures will pop up and then the quote down begins on the weekend. the important rol of the bay areathe country. >>> san fr they may never recover completely. the warning about prolonged shelter and home orders. eally m. to keep customers and employees in the know. to keep business moving. comcast business is prepared for times like these. powered by the nation's largest gig-speed network. to help give you the speed, reliability, and security you need. tools to manage your business from any device, anywhere. and a team of experts - here for you 24/7. we've always believed in the power of working togeth

astra zen caw saying they're planning a phase three in at least 30,000 people. we talked to scott gottlieb, and he gave comments on what he's looking for in the large-scale trials here's what he said. >> there's going to be a lot of pressure to try to license these vaccines earlier, make them available during an emergency use authorization, showing data produces antibodies in people. i think we need to do big clinical trials. we have to go through a proper development pathway to give people confidence in taking these vaccines when you look at vaccine trials, typically, they're tens of thousands of patients. >> a massive challenge here. insuring safety in such a short period of time will require very large studies. back to you. >> yeah, that's an important point. one that's been made to me as well by a number of people who know their way around these things, meg, just the size typically of the trials. but something else, of course, is manufacturing if and when we do get there. i know astra zenica has an announcement saying they're at least in a position to make,

he claims he turned informer because his knowledge of collusion between the state and cousin astra put him in danger. john cimino decided to tell his story and to one judge in particular. i. mean only not there but over there were they get asked all are. there are shows of our. culture of a conflict with promises for. a lot of from in toronto probable to be a stance that i'm a little. you know sent him you know so this is about it leslie coursey was the other you know because one of the. ileo something as simple molly that. if i do it on the 30th they are frame of the idea but i fashioning it only because i knew nothing worth i'm going to change me no skull to your story or a little love in all of that should be the norm or the film i'm just about that will not go well it's a powder this will answer that's all you need one other way but. that will join a gang calling it so continue with of course. every year paolo bossa leno is commemorated in the street where he and his bodyguards were killed. dimaggio has come to honor the man who inspired him to become a prosecutor and whose murder

trial he claims he turned informer because his knowledge of collusion between the state and cousin astra put him in danger. john cimino decided to tell his story and to one judge in particular. i. mean only not there but over there would be the last fall of. him there are shows over which but that was about it a culture of a conflict with promises fall and. a lot of fame in toronto probable cause a little some near the stance that i'm a little. you know tension you know so this is about it leslie coursey last album you know of course now that i'm. a leo song awesome for mahler but. if i think they are but maybe i do but i fashioning it only because i mean after you were going through the tension you know i sculpted on your story a little loving all of the tribute the warm all the film i'm just about that. this will answer that's all you need when i we. will join again angrily neato continue with the course. every year paolo bossa leno is commemorated in the street where he and his bodyguards were killed. di matteo has come to honor the man who inspired him to become a prosecutor and whos

the latest news is that astra zenica agreed to manufacture the oxford with the goal of delivering thest dose as early as this october. you say there is some significant reason to be skeptical on vaccine development at least right now. tell us why. >> well, thank you, the first question is we're very early in the vaccine development. when have the very, very preliminary results of some of the first trials. they're not entirely encouraging. they're not discouraging, but there are real questions as to whether the vaccines in general not just the oxford vaccine will work the way people think they work, that is to completely protect you. in almost all the studies where the data is available, what are you finding is partial protection. for example, in the oxford tests all the vaccinated monkeys were infected. they weren't protected completely. they were protected in their lurngs lungs, not their nose, that's why we have to be quite cautious with humans. the second thing is that we know that older people have a very difficult time mounting immune responses, just as memories fade, so does im

. >> astra zeneca pledging, and they make affordable vaccine, for emergency pandemic use they're nothinking about the profit whereas the pfizer ceo told forbes that financial returns should not drive any decisions. so, mel, a couple of those more firm than the other and astrazeneca saying not for profit at least during the pandemic unless this becomes a seasonal vaccine they will make money and they don't plan to for the pandemic. >> it's interesting that we see such a reaction in the stocks. today alone astrazeneca added $47 billion in market cap that they wouldn't make money off of it and maybe they'll make money off of it later down the road and is there something else we're missing here are they gaining plants and manufacturing capacity that they'll be able to keep after the pandemic >> they're striking partnerships in order to manufacture this vaccine. we do know that they're establishing a pandemic preparedness center from oxford and unclear whether the barda funds could go to that, but perhaps it's the market's general excitement over enthusism expressed during the vaccine. >>

government has made to help astra-zeneca along in that quest for a vaccine.billion commitment. more money will be spent as the president leads this marshall plan effort to find a cure or vaccine or something that deals with the damaging effects of the coronavirus that has already claimed better than 93,000 american lives. he is on his way to michigan right now. he will be visiting a ford motor company plant that has been retrofitted now to make ventilators and personal protective equipment, ppe, you hear a lot about it. the big question is whether he is going to be wearing a face mask when he's there, hospital mask. he has so far not been seen at least photographed or videotaped wearing such a mask on a number of other cases, the very issue has come up. whether the other ford executives who will be giving him a tour of the plant will be wearing that and sort of saying you, mr. president, should do this as well, we'll see. there's a parlor game of intrigue here later on today whether he will or not. enter charlie gasparino, very good at parlor games and intrig

other collaborations like the university of oxford working with astra zeneca. pfizer and biontech and gsk and sanofi what a lot of these partnerships depend on is a part of the market we almost never talk about, contract development and manufacturing organizations. this is a large and growing part of how our medicines get made. in 2018, pwc estimates $99 billion in revenue brought in and that's projected to grow to $160 billion by 2025 these are companies of bio solutions and like lonza there are many questions about what's going to happen with the manufacturing, particularly because a lot of these vaccines depend on technology that's never been deployed before and building the plane as they're flying it trying to figure out how to make it in large quantities the other question, of course, the supply chain and we saw it with testing and ventilators what are the weak points in the supply chain we asked the lonza ceo this morning. what keeps him up at night here's what he said. >> what could go wrong create some delays is having access to the equipment. we are bu

feeling president trump, you know, if he talks about these vaccines and things, particularly this astra-zenecaove this market. liz: yeah. you know, that news has been out, though, for several hours, so we got to get something else and we may very well, right, charles? because the breaking news is the gears of the nation's auto plants are starting to grind after a multi-month lockdown. let me show you a live picture of ford's plant in ipsilante, michigan. it happens to be wone of the factories ford repurposed to manufacture ventilators during the worst of the coronavirus outbreak. president trump is meeting with african-american leaders right now. we will then watch him take a tour in this hour. we are then told that right

oxford and professors are adults i from imperial to and boots who deliver dog drive through centers astra zeneca g s k an oversight whose labs go on stream next week public health england and the n.h.s. of course who've pulled out all the stops. professor sharon peacock professor john newton. and the u.k. boys and turn the group to certain points. and also it wasn't just a national effort people from across the world including thermo fisher a lot of what i was mad at the health secretary giving the government's daily coronavirus press briefing he promised 100000 daily virus test by thursday and he said that he did chief that by over 20000 let's turn to our correspondent showed it was daschle he's achieved that figure by over 20000 he said bruce has some doubt about the figures absolutely kate indeed their health secretary confirming that the government has met its self-imposed target of reaching 100000 tests every single day by the end of april which was just yesterday confirming actually they've supposed that target reaching 122347 as of yesterday about hancock explaining this is an unpr

pledging more than $1 billion to pharmaceutical company astra zen kzeneca to het development of the vaccine and to secure 3 million doses when it is ready. it is the latest to receive funding. with us meg tirrell and policy analyst chris meekins. meg, i'll start with you how significant is this funding? what does it say about the relative optimism compared to some of the other companies we mentioned in terms of who is winning in the race to provide the vaccine first? >> yeah, i think that graphic really nicely sums up how big of a deal this is it is twice the size of the previous grants from barta toward covid-19 vaccines, more than a billion dollars what is really remarkable about it is the timelines associated with it. you know, astrazeneca partnered with oxford guaranteed 30 million doses to the uk by september. this is for 300 million doses to the u.s. by october if all of this goes well so this is a pretty massive deal and the promises being made are being made on very little data that we've seen so far, wolf. >> well, on that point, meg, isn't the oxford one, the one over the weekend

astra-zeneca's trials look promising. today it's novavax and merck making strides as well. fastest development of vaccines in history and shows what is possible when the trump team calls for warp speed action from the world's biggest pharma companies. hard to be objective about this, but it seems to me that fear of the virus is beginning to recede. we're not dealing with the bubonic plague, you know. the cdc now says quote, its best estimate is that covid-19 has a fatality rate of .3%. that is way down from previous projections and implies the virus is nowhere near as threatening as we thought. that makes a difference to our willingness to get back to work, get out of the house, and try to get back to something more like normal summer activity. all this is why the market is rallying. investors always look to the future. we are traveling more, spending more, eating out again. perhaps joe biden's troubles have helped investor sentiment as well. the last thing the economy needs is a tax hike and green new deal. the mood, again, in my opinion, has shifted. in a few moments, lar