General Motors CEO Mary Barra Bets on Nikola; Pharma CEOs Commit to Vaccine Safety

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 8 September 2020

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

Pharmaceutical companies may be competing in the race for a coronavirus vaccine, but they’re all on the same team when it comes to safety. CNBC’s health and science reporter Meg Tirrell shares details of the historic move from 9 pharma CEOs who issued a pledge to prioritize safety in their work to find a trustworthy vaccine. Surgeon, author, and Chairman of Haven Dr. Atul Gawande maps out the infrastructure America needs to avoid a coronavirus resurgence in the winter months. General Motors CEO Mary Barra discusses why she’s partnered with electric vehicle darling Nikola, and Nikola Executive Chairman Trevor Milton explains why the partnership couldn’t be a better fit. Plus, SoftBank’s Masa Son has rattled tech investors.

Transcript

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0:00.0	This is Squawk Pod today on our podcast.
0:05.0	Safety and COVID vaccine development nine pharma CEOs have issued an historic joint statement.
0:10.0	CMBC's health reporter Meg Turrell.
0:12.0	They say, quote, we believe this pledge will help ensure statement. C. M. M. T. M. Terel.
0:12.6	They say, quote, we believe this pledge will help ensure public confidence in the rigorous
0:16.7	scientific and regulatory process by which COVID-19 vaccines are evaluated and may
0:21.7	ultimately be approved.
0:23.4	Dr. Atul Gowanday, surgeon, writer, and public health expert
0:26.6	on avoiding a COVID resurgence this winter.
0:29.0	Whether it's ventilators, masks, now it's tests in the months to come it will be vaccines. We need that basic
0:37.0	public health infrastructure that matches the capacity to the need and we can do it.
0:41.6	And big news and autos general motors betting on
0:44.8	electric vehicle darling Nicola GM announcing an 11% stake in the startup and
0:49.1	CEO Mary Barra says it couldn't be a better fit. This is a wonderful validation of our technology
0:54.4	and then bringing our engineering and manufacturing expertise to the table.
0:58.8	I'm the NBC producer Katie Kramer. It's Tuesday, September 8th, 2020.
1:03.0	Do we have delusions of grandeur? Maybe.
1:05.0	Squawk pod begins right now.
1:08.0	Good morning, everybody.
1:09.0	Welcome to Squawk Box here on C.
1:11.0	I'm Becky Quick, along with Joe Kernan and Andrew Ross
1:13.2	Sorkin and gentlemen welcome back to both of you. You guys are back just in time
	...

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