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COVID vaccine execs hyped vague data to cash in $90M in stock, watchdog says:
Moderna is considered a front-runner in the race for a vaccine against the pandemic virus, SARS-CoV-2. The company is testing a vaccine involving mRNA, an unproven vaccine platform that is not used for any existing vaccines. However, Moderna became prominent in the pandemic after partnering with the National Institutes of Health to design and test its vaccine. It was the very first vaccine to go into clinical trials, which began March 16.
On May 18, the company sent out a press release saying that eight trial participants had developed neutralizing antibodies at levels that mimicked those seen in people who recover from a SARS-CoV-2 infection. Moderna painted the results as “positive,” but experts were quick to note that the press release didn’t contain any data and that the scant information provided is uninterpretable in terms of assessing the efficacy of the vaccine. Some also questioned why Moderna chose to release such incomplete data from a very small number of participants instead of waiting to publish a larger dataset in a peer-reviewed scientific journal—which is standard practice.
Still, the press release set off a frenzy of "encouraging" coverage, and Moderna’s stock surged 30 percent, raising it to an all-time high of $87 a share. Amid the surge, Moderna’s CEO, several executives, and funds controlled by the chairman of the board sold about $90 million worth of stock, according to CBS Moneywatch.
(Score: 4, Interesting) by AnonTechie on Wednesday June 10 2020, @10:39AM (2 children)
When I read about this company, I felt it was too good to be true. Although their proposal is interesting, I think it will take much longer for their method to be a viable candidate for a vaccine. A scheme such as this, is mostly used to cash their stock when the markets hype your technology. They must have spent a whole lot to wine and dine their media contacts !!
Albert Einstein - "Only two things are infinite, the universe and human stupidity, and I'm not sure about the former."
(Score: 3, Informative) by Anonymous Coward on Wednesday June 10 2020, @03:27PM (1 child)
No, this is Pump 'N Dump.
Insider trading would be if they ran out and bought a bunch of stock before announcing an actual successful vaccine.
(Score: 0) by Anonymous Coward on Thursday June 11 2020, @11:09PM
It could be both, depending on the exact timing. The reason is that executives of publicly traded companies don't get to do whatever they want with their stock. They have to schedule them in advance depending on the size and other requirements. Given the size of the trade and the shape of the spike, there is a good chance that they released the the PR piece knowing the results were crap and the trades already scheduled. That totally falls under the umbrella of insider trading.
(Score: 3, Informative) by Bot on Wednesday June 10 2020, @11:23AM (17 children)
Since coronavirus vaccines basically never worked, what medical breakthrough did happen in these months that makes a coronavirus vaccine feasible?
The Bergamo area had a terrific vaccination percentage due to an earlier meningitis scare (meningitis is not related to coronavirus but when you get vaxxed you get stuff named coniugato and polivalente which means they are not specific to the meningitis pathogens), and they were hit the hardest. Either vaccines were irrelevant, made things worse (after getting a dose of virus proteins, assorted preservatives, foetus cells, the body goes haywire when in contact with a similar proteins, food for thought), or the virus mutates too quickly.
Plus, in the Leftist Republic of Italy they are talking about pushing covid vaccine on the youngsters. Which were basically spared by the infection.
Account abandoned.
(Score: 4, Funny) by JoeMerchant on Wednesday June 10 2020, @11:52AM
Filthy little creatures, breeding ground for all sorts of pestilence.
Україна досі не є частиною Росії Слава Україні🌻 https://www.pravda.com.ua/eng/news/2023/06/24/7408365/
(Score: 2, Disagree) by sjames on Wednesday June 10 2020, @04:10PM (7 children)
Surprise, the vaccination for X isn't effective against Y. Neither are vaccines for A-W, even if you get them all.
As for children, they are not spared from COVID. When they get it, they get it bad and it tends to have worse after-effects.
(Score: 2) by Bot on Wednesday June 10 2020, @08:04PM (4 children)
Yeah that's the point. The reasoning is, vax doesn't work for coronavirus mutated, so everybody get vaxxed against COVID 19 which is on the way out by itself, unless it mutates and re infects. See the prob?
Account abandoned.
(Score: 2) by sjames on Thursday June 11 2020, @04:18AM (3 children)
So your argument is that we should avoid getting vaccinated against something that's definately out there just in case it mutates one day?
Does that mean I should start eating salt crusted fried lard just in case we figure out resurrection one day?
(Score: 3, Insightful) by Bot on Thursday June 11 2020, @07:39AM (2 children)
What I want you to do, is to decide things for youselves, your body your rules. The problem is what some guys want to do to others. And it's not a matter of VACCINATION, which is an abstract activity. It's a matter of WHAT gets injected, WHEN, to WHOM and to fight WHAT.
Let me exemplify
-customer
-wat
-here's your dinner
-good
-but before
-wat
-sign this
-wtf is it
-it's a piece of paper that says that in case you get poisoned by food, you can't sue the restaurant
-lol nope
-you gotta else we declare you crazy and remove your offspring
-fuck, besides whats this
-your dinner
-but i ordered steak
-yes there is steak fish salad spam eggs spam and spam and a bit of preservatives
-but
-eat
Account abandoned.
(Score: 2) by sjames on Thursday June 11 2020, @08:26AM (1 child)
Why make up silly "reasons" then? Why not say what you mean from the start? If you want to promote your view, keep in mind that fractured logic and non-sequiturs will only bring disrepute.
(Score: 2) by Bot on Thursday June 11 2020, @10:12PM
In the beginning bot made a very precise question, and all the discussion is sidestepping it. Which means probably no notable medical advances, so that the vaccination will likely have the same levels of efficacy of the previous ones and the same risks of this season campaign. Anybody can analyse for themselves the costs/benefits, no probs.
Account abandoned.
(Score: 2) by PartTimeZombie on Thursday June 11 2020, @12:11AM (1 child)
And yet someone modded bot's latest drunken ramblings as Interesting. Weird world we live in.
(Score: 3, Touché) by Bot on Thursday June 11 2020, @07:42AM
fact: facts are interesting.
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(Score: 0) by Anonymous Coward on Wednesday June 10 2020, @06:16PM (6 children)
> foetus cells
Don't forget the mercury!
(Score: 1, Troll) by Bot on Wednesday June 10 2020, @07:22PM (5 children)
Don't worry, it's not mercury pure, it's another compound. Absolutely safe. Of course you gotta trust them on that since you sign away their responsibility.
Account abandoned.
(Score: 3, Informative) by PartTimeZombie on Thursday June 11 2020, @12:20AM (4 children)
No you don't. That's another anti-vaxx lie, just like the mercury one, and the aborted foetus one, and the 5G one.
(Score: 2) by Bot on Thursday June 11 2020, @07:47AM (3 children)
I dunno what happens in your place but signing stuff like this around here effectively prevents you from suing. Fire up your translator.
CONSENSO INFORMATO AL PROGRAMMA DI VACCINAZIONI
il/la sottoscritto/a……………………………………………genitore /tutore di………………………………………………………
DICHIARA
1. Di essere stato informato in modo chiaro e comprensibile sull’utilita’ delle vaccinazioni e sugli importanti vantaggi che esse presentano per la salute del minore e per la collettivita’.
2. Di essere a conoscenza che questa profilassi generalmente non e’ associata ad effetti indesiderati ma puo’, in alcuni casi, associarsi a disturbi di lieve entita’ comune a tutte le vaccinazioni (febbre, malessere, dolore nel sito della iniezione) e specifici al vaccino somministrato.
3. Di essere consapevole che reazioni di maggior gravita’ (es. reazioni neurologiche o allergiche molto gravi) sono possibili ma assolutamente eccezionali, come risulta dal libretto o foglio informativo sui vaccini ricevuti dall’Asl.
4. Di essere a conoscenza che la vaccinazione non deve essere effettuata in presenza di stato febbrile (T. a 38°C), di importante malattia acuta o in caso di precedente grave allergia ad un componente del vaccino.
5. Che il minore non ha mai sofferto di forme allergiche gravi (p. es. shock anafilattico) e non e’ allergico a neomicina, streptomicina, kanamicina, lievito, gelatina.
6. Che non presenta controindicazioni tra quelle allergiche elencate ai pp. 4 e 5 (o descritte nel libretto o foglio informativo sui vaccini ricevuto dall’Asl).
7. Di essere a conoscenza che la mancata vaccinazione espone il minore al rischio di contrarre la malattia e le sue eventuali complicazioni.
Cio' premesso, ACCONSENTE / NON ACCONSENTE alla vaccinazione
DTPa (Diferite, Tetano, Pertosse) firma del genitore……………
IPV (Poliomielite inattivo) firma del genitore………………
HBV (Epatite virale B) firma del genitore………………
HiB (Haemophilus influenzae b) firma del genitore………………
MMR (Morbillo, Parotite, Rosolia) firma del genitore…………….
Account abandoned.
(Score: 2) by PartTimeZombie on Thursday June 11 2020, @07:45PM (2 children)
I have never signed anything before getting a vaccination.
(Score: 2) by Bot on Thursday June 11 2020, @10:02PM (1 child)
In fact if you see the translation, it's for the parents of the kids that get the (now basically mandatory unless you want to leave your kid home all the time) vaccination.
Account abandoned.
(Score: 0) by Anonymous Coward on Thursday June 11 2020, @11:59PM
Where is the waiver of liability you mentioned? All I see is telling you that the side effects do exist to keep you from claiming they never told you or asked if your kid was at risk due to having certain conditions.
(Score: 1, Informative) by Anonymous Coward on Thursday June 11 2020, @11:53PM
Coronaviruses mutate in different ways and already have different envelopes and proteins, which would you expect at the "Family" classification level. In the case of SARS-CoV-2, despite all the different strains that are out there, most of them have the same proteins on the exterior and all of them (last I checked) have identical spike glycoproteins. In fact, most of the nucleic and amino acids are conserved. Additionally, the reason why many vaccines are being developed so quickly is they had a head start. Turns out, the phylogenetics are such that SARS-CoV-2, SARSr-CoV and SARS-CoV are all the same species of virus, just like dogs are all the same species. You can use many of the vaccines for SARS-CoV and repurpose them to SARS-CoV-2 with minimal redesign or novel research.
(Score: 1, Offtopic) by Username on Wednesday June 10 2020, @12:19PM (4 children)
Wasn't this predicted in Plandemic?
(Score: 1, Insightful) by Anonymous Coward on Wednesday June 10 2020, @07:08PM (3 children)
Your ‘plandemic’ is Conspiracy theory.
I want to know who that guy was that predicted the internet would lead to a flood of misinformation. For years it was OK but not anymore.
(Score: 3, Insightful) by shortscreen on Thursday June 11 2020, @12:20AM (1 child)
I was told that it was for porn.
(Score: 0) by Anonymous Coward on Thursday June 11 2020, @03:12AM
Porn *is* misinformation...
(Score: 2) by PartTimeZombie on Thursday June 11 2020, @12:22AM
Plandemic wasn't aimed at you though. It was intended for the hard of thinking.
It worked too, if my brother-in-law's latest Facebook rantings are anything to go by.