Market comment 2021

[admin]

And there is an offset that Thomas Peacock, the scientist first to post on B.1.1.529 before it was called even that, noticed immediately: that it probably evades monoclonal antibodies. Our GM was quite certain that would be the case, and our IM Doc now has pretty some pretty sick patients who are not responding at all to Regeneron, which has an EUA for use as a Covid treatment and is generally seen as effective. German researchers confirmed yesterday that Regeneron’s and Eli Lilly’s Covid treatments are not effective against Omicron. GlaxoSmithKline’s cocktail Xevudy still appears to work in vitro, but that may not translate as well in vivo. The loss of some, perhaps all, monoclonal antibodies as Omicron remedies means that some patients that could otherwise have been treated outside a hospital will wind up being admitted. This is an offset to any average reduction in severity. So it should not come as any surprise that, so far, deaths in Gauteng are tracking previous Covid waves   

 Omicron: Fog of Information and Definitions | naked capitalism