The 94.5%: Moderna’s Covid Vaccine with CEO Stephane Bancel

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 16 November 2020

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In Moderna’s ongoing clinical trial, the drugmaker’s Covid vaccine proved 94.5% effective in preventing the coronavirus. In an exclusive interview, CEO Stephane Bancel and CNBC’s Meg Tirrell discuss the news, the bright light at the end of the pandemic tunnel, and ensuring a steady supply of vaccines to those who need it most. Plus, former Citigroup chairman and former Time Warner CEO Richard Parsons considers what the vaccine would mean for American business, what a contested election would mean for the country’s future, and what the pandemic’s disruption to sports and entertainment will mean for media and content providers in the years to come.

Transcript

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0:00.0	This is Squawk Pod. I'm C. NBC producer Katie Kramer. Today on our
0:05.9	podcast More Light at the end of the tunnel. Moderna's COVID-19 vaccine proved to be
0:11.6	94.5% effective in a clinical trial, CEO's Stefan Bonsell.
0:17.0	I think with our vaccine and the other vaccine, that's a good hope that we should be able in
0:21.7	Q1 to get people at high risk vaccinated in the US if they desire.
0:26.0	And what this news means for American business with former Citigroup Chairman Dick Parsons.
0:31.0	New Yorkers and indeed Americans are social folks so I don't have a doubt that we'll come back
0:37.0	from this thing when you finally get past the virus.
0:40.5	Plus Parsons, former CEO of Time Warner, says the pandemic may have changed to the game for sports fans, but not too much.
0:47.0	Believe me, television is not going away tomorrow.
0:50.0	It's Monday, November 16, 2020, Squawk Pod begins right now.
0:55.0	Good morning everybody.
0:57.0	Happy Monday and welcome to Squawk Box here on CMBC.
1:00.0	I'm Becky Quick along with Joe Kern and Andrew is off today.
1:03.4	We continue to monitor the spread of COVID and the impact on life business and the economy.
1:08.4	The US now has hit 11 million cases.
1:11.1	A million cases recorded in just the last week. More than a dozen states broke daily
1:16.2	records during the weekend and multiple governors have issued new restrictions as we near
1:21.1	the Thanksgiving holiday in Washington State indoor dining is closing starting today.
1:27.4	Illinois began a 30 day stay-at-home order.
1:30.4	Michigan is partially shutting down restaurants, bars, and schools.
1:34.0	In New York City, Mayor DeBlazio announced schools would remain open today,
	...

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