Thursday 30 April 2020

Pfizer, BioNTech coronavirus vaccine enters human trials

What to read today: 23% of Americans who owe a rent or a mortgage payment on Friday aren't sure if they'll have the money for it. Dow, S&P 500 post best month since 1987. The Fed expands its $600 billion lending program for struggling businesses but leaves start date unannounced. And much more.
April 30, 2020
Hi Folks.
Pfizer and BioNTech's coronavirus vaccine entered human clinical trials and may be tested in the US next week.
A potential vaccine for the novel coronavirus codeveloped by pharmaceutical giant Pfizer and German biotech BioNTech has entered human trials in Germany, and is expected to be tested in the US as early as next week.

The duo's vaccine could be set for emergency use in the fall — well ahead of experts' predictions — with the potential for hundreds of millions of doses to be produced in 2021.

The promise of BioNTech's recent work with Pfizer lies in biotech firms' research brawn and ability to rapidly develop vaccine candidates for novel diseases via technologies like AI.
Shelagh Dolan
Head of Content
Shelagh Dolan
Get the Full Story Here →
P.S. Business Insider Intelligence and eMarketer have been tracking the impacts of the coronavirus on technology, marketing, and the digital economy. Read our latest coverage here — and stay safe!
TODAY'S RESEARCH HIGHLIGHTS
BANKING
European neobanks' new app downloads have dropped amid the pandemic
European neobanks' new app downloads have dropped since the coronavirus pandemic initially broke out, falling an average of 23% by the end of March.
Read More →
CONNECTIVITY & TECH
Google's Cloud growth is central to its pandemic strategy
Google has taken an aggressive approach to grow its Cloud business segments to counter the anticipated downturn in its core advertising business.
Read More →
DIGITAL HEALTH
Pfizer and BioNTech's coronavirus vaccine enters human trials
A potential vaccine for the coronavirus codeveloped by Pfizer and BioNTech has entered human trials in Germany, and may be tested in the US next week.
Read More →
DIGITAL MEDIA
YouTube added a fact-checking panel to its US search results
YouTube is expanding a fact-checking feature to its US search results, appearing on certain searches that are prone to misinformation.
Read More →
FINTECH
UK Chancellor initiates Bounce Back Loans scheme for SMBs
The UK's Chancellor of the Exchequer, Rishi Sunak, has announced the launch of the Bounce Back Loans scheme for small- and medium-sized businesses.
Read More →
PAYMENTS & COMMERCE
Mastercard is seeing its volume slide but interest in contactless rise
The pandemic is damaging Mastercard's volume, while also driving interest in contactless payments, which could help it recover in-store volume faster.
Read More →
DID YOU KNOW...
REPORT OF THE DAY
Telemental Health Report
This report explores how the onus of the US' mental health crisis falls on health systems and hospitals, and how they can navigate the costly dilemma via telemental health. We dive into challenges providers are presented with amid the crisis and how traditional mental health strategies are falling short in addressing them.
Get the full report →
eMarketer Research in Focus
Consumers Are Spending Less on Clothes and More on Food, Health Products
US consumers are shopping online more as they continue to avoid brick-and-mortar. More than a third of respondents to an eMarketer survey purchased food and beverages online in April 2020, up 9 percentage points from February 2020. Online purchases of pharmaceutical and health products also increased 6 percentage points from February to April.
Learn More →
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