A Chinese Biotech company named Sinovac has received over 500 million dollars in funding efforts so that they will be able to double their production numbers on the vaccine. The company that invested such a large amount was another Chinese company by the name of Sino Biopharmaceutical Limited. With this amount of money, Sinovac will be able to produce 600 million vaccine doses a year. Numbers this large will quickly show a positive impact around the world, especially with a 95% efficiency rating. Hopefully soon there is a break in all the madness and things can return back to where they were before the pandemic, socially at least anyways.
Sinovac secures $515 million funding to boost COVID-19 vaccine production | Reuters
Cyber Monday has helped the economy to recover in the country but at the same time, I believe it will not be enough. American consumers along with all consumers all over the world have adapted to change their normal habitats towards everything online. Even if the pandemic ends one day from the hopeful vaccine, we can still expect people to stay inside as they have adapted to. I believe they will keep on carrying out online consumption. I also believe many businesses that have gone online will continue to do so because it would allow these businesses to have less expenditure towards offices etc.
ReplyDeleteDo you think an increase in vaccine doses will affect some people's willingness to get vaccinated?
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