• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
HealthCOVID-19 vaccines

Moderna CEO expects a ‘material drop’ in COVID vaccine effectiveness from Omicron variant

By
Kylie Logan
Kylie Logan
By
Kylie Logan
Kylie Logan
November 30, 2021, 1:11 PM ET

The CEO of pharmaceutical company Moderna says he expects a “material drop” in the effectiveness of vaccines against the new Omicron COVID variant, and that an inoculation tailored to its mutations might not be widely available for several months. 

“There is no world, I think, where [the effectiveness] is the same level…we had with [the] Delta [variant],” Stéphane Bancel told the Financial Times in an interview published Tuesday. “I think it’s going to be a material drop. I just don’t know how much because we need to wait for the data. But all the scientists I’ve talked to…are like, ‘This is not going to be good.’”

Bancel says the new variant has particular mutations around the spike protein, which helps a virus enter a host cell. Current vaccines focus on that spike protein, and that’s why the mutations could make them less effective.  

The World Health Organization considers Omicron a “variant of concern,” the virus evolution advisory group’s COVID-19 technical lead, Dr. Maria Van Kerkhove, said in a public statement on Friday. Based on initial research, Rockefeller University virologist Paul Bieniasz told NPR that he and his colleagues “expect that Omicron will be significantly resistant to antibodies that are circulating in individuals who are convalescent or who have had mRNA vaccines.” 

However, Bienasz said his research does show that three vaccine shots, or one infection paired with two vaccine doses, can enhance immunity against Omicron.  

Scientists say it’s too early to tell whether Omicron is actually more infectious than other variants. Dr. Angelique Coetzee, national chair of the South African Medical Association, said on Tuesday that Omicron is not yet cause for extreme concern. 

“The majority of what we are presenting to primary health care practitioners are extremely mild cases,” she said. 

Subscribe to Coins2Day Daily to get essential business stories straight to your inbox each morning.
About the Author
By Kylie Logan
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.