Covid will be ‘forever’, says Moderna CEO

The CEO of Covid-19 vaccine maker Moderna warned Wednesday that the coronavirus that has brought world economies to a standstill and overwhelmed hospitals will be around “forever.”

Public health officials and infectious disease experts have said there is a high likelihood that Covid-19 will become an endemic disease, meaning it will become present in communities at all times, though likely at lower levels than it is now.

Moderna CEO Stephane Bancel appeared to agree Wednesday that Covid-19 will become endemic, saying “SARS-CoV-2 is not going away.”

“We are going to live with this virus, we think, forever,” he said during a panel discussion at the JPMorgan Healthcare Conference.

Pfizer researchers said its vaccine developed with BioNTech appeared to be effective against a key mutation in the U.K. strain as well as a variant found in South Africa.

Moderna’s vaccine has been authorized by the Food and Drug Administration for use in Americans who are 18 years old and older. Additional studies still needed to be completed in children, whose immune systems can respond differently to vaccines than those of adults.

Avadoot Shah

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