RE: Will the vaccine trigger a bull market?14 Dec 2020 12:56
Seeking Alpha Vaccine roll out-
Less than two days after the FDA granted emergency authorization for Pfizer (NYSE:PFE) and BioNTech's (NASDAQ:BNTX) COVID-19 vaccine, nearly three million doses of the shot have been transported across the country. It's part of an historic mission to vaccinate more than 100M people by the end of March, with 145 sites in the U.S. poised to receive the vaccine today, and nearly 500 locations set to get their first doses on Tuesday and Wednesday. Five of the first vaccinations will take place at a national ceremonial "kickoff event" scheduled for this afternoon at George Washington University Hospital. Despite dry runs and contingency planning, a lot can go wrong. "Everything has to come together - the packaging, the dry ice, the vials, the material itself. It all has to come together to the same place and have enough of it and exactly the right people there ready to take it," said Yossi Sheffi, director of the MIT Center for Transportation & Logistics.
Covid
Inoculation challenges
According to official guidelines from the CDC, healthcare workers should be the first to get Pfizer's (NYSE:PFE) vaccine, alongside people that live and work in long-term care. That group consists of about 24M Americans, which will take up most of the doses that will be produced by the end of the year. The goal is for rest of the U.S. population to be vaccinated by summer 2021, though some hurdles remain. 1) The logistics hurdles mentioned above, 2) Roughly four in 10 Americans say they would "definitely" or "probably" not get a vaccine, according to a recent survey by Pew Research. To achieve herd immunity, experts say that about 70% of the population needs to be vaccinated or have natural antibodies.