FirstFT: FDA advisers support Moderna’s Covid booster

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A panel of senior American scientists advising the Food and Drug Administration has recommended approving Moderna’s request to provide third injections of its Covid-19 vaccine, giving some impetus to the booster rollout in the United States.

The 19 panel members all voted in favor of allowing Moderna to provide third doses of its vaccine to people who received their second dose at least six months ago and are over 65 years of age, have health problems under -jacent or whose jobs put them at high risk. to contract a severe Covid-19.

But committee members have made it clear that they have so far been unconvinced by the case to offer reminders to all adults.

Last month, the FDA approved a third injection of the BioNTech / Pfizer Covid-19 vaccine for vulnerable Americans, but did not approve the injection for the entire adult population as well, a move that has been a serious setback for those in need. Biden administration plans for a full-scale recall campaign.

Stanley Perlman, professor of microbiology and immunology at the University of Iowa, said: “I support this [application] because we have already approved it for Pfizer and I don’t see how we can not approve it for Moderna and most people in the US are not completely confused.

The FDA will make a final decision in the coming days on whether to give the green light to the Moderna booster.

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Thanks for reading FirstFT Americas. Here’s the rest of today’s news – Gordon

Five other articles in the news

1. Citi and Morgan Stanley ride the deal-making wave US banks benefited from an increase in transactions that supported third quarter income and offset pressure from low interest rates and weak demand for loans. Bank of America announced yesterday that investment banking fees rose 23% to $ 2.2 billion, helping it achieve double-digit overall revenue growth.

2. LinkedIn closes its Chinese site Microsoft announced yesterday that it is shutting down the Chinese version of its popular networking website LinkedIn and replacing it with a streamlined job board called “InJobs.” The move marks China’s departure from America’s last major social media company.

3. A former Boeing pilot indicted A U.S. federal grand jury has indicted former Boeing chief technical pilot Mark Forkner for allegedly fooling aviation regulators into assessing the safety of the 737 Max jet. Flight control system failures were critical in two 737 Max crashes in five months in 2018 and 2019, which killed a total of 346 people.

4. Fumio Kishida pledges to keep Japan away from the Abenomics The new Japanese prime minister pledged to steer the country away from neoliberal fundamentalism, in an interview with the FT. As he prepares for the October 31 general election, Fumio Kishida criticized his own party’s failure to generate widespread growth under the Abenomics program.

5. Snipers kill six as violence erupts in Beirut Six people were killed and dozens injured after unknown gunmen opened fire on a rally of powerful Lebanese Hezbollah and others in Beirut, sparking the worst violence in the capital in years as tensions mounted about an investigation into the 2020 port explosion that left more than 200 people dead.

Lebanese soldiers help teachers find safety during clashes in Beirut © Hussein Malla / AP

Coronavirus digest

  • The American Stock Exchange had its best day since March Thursday, as investor worries about inflation and potential interest rate hikes were tempered by bullish reports on corporate earnings.

  • Over 40 Brazilian politicians and officials, including President Jair Bolsonaro, are expected to be recommended for indictment next week when a congressional inquiry into the government’s handling of the Covid-19 pandemic ends.

  • The economists slashed germany growth forecasts for this year of 3.7% to 2.4%, blaming supply bottlenecks and the lingering impact of the pandemic.

The coming days

Profits of American banks Goldman Sachs earnings in the third quarter will provide a gauge for the investment bank, which has thrived on the M&A boom. PNC Financial Services is also reporting today.

FDA meets to discuss booster injections A group of U.S. Food and Drug Administration advisers will consider whether to recommend Johnson & Johnson’s single-dose vaccine over the next few days.

New trade talks between EU and UK begin EU Brexit Commissioner Maros Sefcovic is meeting with UK Brexit negotiator Lord David Frost in Brussels today to discuss the substantial differences between the two sides on how to deal with Northern Ireland trade, Britain and the EU after Brexit. The FT reports that several EU member countries are asking bureaucrats in Brussels to prepare for a trade war with the UK.

A marathon of marathons The runners from Paris, Lisbon and Toronto will start on Sunday. If you like a grueling run – like the FT’s Laura Noonan – there are over 300 marathons to choose from in October, more than any other month this year, according to the Global Marathon tracker.

What else do we read

“There are choices to be made” After weeks of infighting, most Democrats in Washington agree that Joe Biden’s ambitious $ 3.5 billion “Build Back Better” spending plan will have to shrink to pass Congress. Here are some of the Democrats’ options for reducing the size of the package.

Where are the worst port delays in the world? It’s not just the United States that is experiencing delivery delays. Cargo was disrupted at the ports of Rotterdam in Shanghai and Hong Kong. There are now 584 container ships stranded outside ports around the world. Here are the most affected routes.

World map showing the number of container ships waiting in various ports at 3:00 p.m. GMT on October 13, 2021

Stablecoin investors must be awakened The critical attention to companies like Tether is a welcome development, writes Gillian Tett. Tether makes up about half of the stablecoin universe, and it’s often described as the reserve currency of the crypto world. But its reputation is not as stable as the name suggests.

Ngozi Okonjo-Iweala: adopting a global carbon price is essential A common approach to the cost of pollution is a fair and straightforward solution, writes the Director-General of the World Trade Organization. Fragmentation risks creating trade friction and unpredictability for companies seeking to decarbonize.

Life, work and the pursuit of happiness As the coronavirus pandemic eases, people are fed up, exhausted and quitting their jobs. Freed from everyday life, they also seek to flourish in new careers. But there is a dark side to the “big resignation” data, writes Andrew Hill.

Food drink

Looking for something to cook this weekend? Try this Salmon Salad with Herb Sauce from Sarit Packer and Itamar Srulovich at Honey & Co. Crunchy leaves and refreshing cucumber, creamy avocados, pearly salmon flakes – this salad ticks all the boxes.

Salmon salad with herb sauce

Making a good salad requires good choices, write Packer and Srulovich, with ingredients at their peak © Patricia Niven

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