Pfizer CEO & Taking on Omicron

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 29 November 2021

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

Pfizer CEO Albert Bourla says he’s “very, very confident” that the company’s Covid-19 treatment pill will be effective against the omicron variant of Covid-19, and that Pfizer will be able to manufacture a vaccine for this variant within 100 days, to be used if necessary. Pfizer submitted its application earlier this month to the Food and Drug Administration to authorize the pill, Paxlovid, for emergency use. Bourla spoke with CNBC’s Meg Tirrell and the ‘Squawk Box’ team to discuss managing the new variant. Plus, oil prices jumped today as traders bet that Friday’s sharp sell-off was overdone. CNBC’s Brian Sullivan reports on how the omicron Covid variant concerns are impacting energy markets. In this episode: Albert Bourla, @AlbertBourla Brian Sullivan, @SullyCNBC Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music please.
0:04.0	This is Squawk Pod. I'm the NBC producer Katie Kramer today on our podcast.
0:09.0	What we know about O'Macron still just a few days after it was ID'd.
0:13.7	Not a whole lot more clarity that we got over the weekend about the characteristics of
0:18.0	this virus anyway.
0:19.4	Whatever those characteristics are, Pfizer CEO Albert Borla says we're ready for him vaccine
0:24.3	therapeutic and all. I'm very very confident that this drug works for all known
0:31.7	mutations including the omicron.
0:34.0	Plus how another COVID wave could impact your price at the pump,
0:39.0	tapping the global energy markets with
0:41.0	C.N.C.'s Brian Sullivan.
0:42.0	Bottom line is this guys have not read or seen anything as of yet
0:46.0	suggesting a meaningful hit to demand.
0:49.0	It's Monday, November 29, 2021.
0:52.0	Squawk Pod begins right now.
0:54.6	Stand Becky by in three, two, one,
0:57.4	fuel, please.
0:59.2	Good morning.
0:59.9	Welcome to Squackbox right here on C.M.
1:02.4	I'm Becky Quick Quick along with Joe
1:03.6	Kernan and Andrew Ross Sorkin and yeah we it's a Monday we're gonna see
1:08.0	what's happening this morning. Last week was a bit of a rough one.
	...

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