Pfizer announced on the 18th that experiments showed that its new COVID 19 drug Paxlovid was effective against Omicron. (Photo from Reuters)
(We Chinese in America Media Editor Tang Zhao, January 19, 2022) Pfizer (Pfizer) issued a press release on the 18th, saying that its new COVID 19 drug Paxlovid has shown that the main ingredient nirmatrelvir is effective in the treatment of patients infected with the new COVID 19 virus Omicron in three separate trials; this encouraging early indication that, the drug could be an important tool at a time when Omicron is raging. The findings have not yet been published in a peer-reviewed medical journal.
The Wall Street Journal reported that patients in the trial took two pills of Nirmatrelvir and one pill of the antiviral drug Ritonavir twice a day for five days.
"These data demonstrate that Pfizer's oral Covid-19 drug can be an important and effective tool for sustained combat against devastating viruses and variants of current concern, including the highly infectious Omicron," said Mikael Dolsten, Pfizer's chief of science.
In an experiment, researchers at Pfizer tested Nirmatrelvir's effectiveness in inhibiting an enzyme in the virus called "Protease" -- an enzyme needed for virus replication -- and found that the drug inhibited Omicron protease as well as targeting the original virus. has the same effect.
In the second experiment, the antiviral activity against Omicron was consistent with what Pfizer observed on other variants of the virus.
A third experiment, conducted by researchers at the Elkon School of Medicine at Mount Sinai in New York City in collaboration with Pfizer, measured the effectiveness of Nirmatrelvir against Omicron and other variants and found that similar concentrations were required to inhibit infection.
The U.S. Food and Drug Administration (FDA) has approved Paxlovid for use in people at high risk for severe illness. The drug differs from existing treatments in that newly infected people can take it at home to avoid hospitalization.
The current supply of Pfizer's oral drugs is still limited. Pfizer expects to manufacture about 7 million courses of Paxlovid globally this quarter and 120 million by the end of the year.
(Source: Compiled from Online Information)
Chinese New Year, the Year of the Tiger(Feb 1, 2022) is approaching, Chinese Media is holding an essay call for Chinese New Year.
- Topic: “My Favorite Chinese Food”, “My Favorite Chinese Restaurant”, or” My Chinese Friends”.
- The number of words is no more than 1,000. Pictures/photos are welcome.
- Please include a short bio – no more than 100 words and a photo of yourself.
- Once published, two sample journals and a small gift will be given.
- Please submit your manuscript to: 该Email地址已收到反垃圾邮件插件保护。要显示它您需要在浏览器中启用JavaScript。 or 该Email地址已收到反垃圾邮件插件保护。要显示它您需要在浏览器中启用JavaScript。. In the “Subject Line”. please indicate "Chinese New Year Submission".
- Deadline: From now until the end of February 2022.
Chinese Magazine Editorial Office January 19, 2022
(Stock Photo from Internet)
U.S. stocks opened lower today. (Photo from Associated Press)
(We Chinese in America Media Editor Tang Zhao, January 18, 2022) The market is worried that major central banks may raise interest rates faster than originally expected, driving U.S. Treasury yields soaring and triggering selling pressure on the stock market. The three major U.S. stock indexes fell about 1.5% in early trading on the 18th, and the Dow Jones Industrial Average fell more than 500 points. Large technology stocks were slammed, the Nasdaq composite index fell 1.9%, the Philadelphia semiconductor index fell 2.6%, and the TSMC ADR fell 3.9%.
The Dow Jones Industrial Average fell 552 points to 35,359 in early trade. U.S. 2-year Treasury yields, the most sensitive to Fed rate moves, rose above 1 percent for the first time since February 2020, while 10-year Treasury yields also climbed 5 basis points to 1.8305 percent, surging two points higher. highest level in years.
Meta, the parent company of Facebook, fell 3.8%, Alphabet, the parent company of Google, fell 2.9%, Amazon fell 2%, Microsoft fell 1.5%, and Apple also fell 1.3%; Goldman Sachs’ trading revenue in the last quarter was less than expected, and its stock price plummeted 8%. It also weighed on bank stocks.
The Financial Times (FT) reported that the Fed has kept the federal funds rate near zero since March 2020, but interest rate futures contracts show traders expect interest rates to exceed 1% by the end of the year.
The majority of respondents to Deutsche Bank's monthly survey see a bubble in U.S. tech stocks and are more bearish on tech stocks as the Fed turns hawks and U.S. bond yields rise.
Investors speculate that the Fed will tighten monetary policy more aggressively, said Aberdeen Standard portfolio manager Aberdeen Standard, and he thinks the mood in the market is due to JPMorgan Chase CEO Dimon saying last week, “The Fed is likely to raise rates six or seven times this year to curb inflation.”
(Source: Compiled from Online Information)
Several airlines in the United States have warned that the C-band signal of the 5G network may affect flight safety and cause flight disruptions. (Photo from Euronews)
(We Chinese in America Media Editor Tang Zhao, January 18, 2022) All Nippon Airways and Japan Airlines announced on the evening of the 18th that they had cancelled some flights between Japan and the United States due to the possible impact of the 5G signal in the United States. The Federal Aviation Administration (FAA) and several airlines have previously warned that 5G airwaves could cause malfunctions in aircraft instruments and systems.
The Yomiuri Shimbun reported that two airlines flying Boeing 777s on the America Line will cancel flights that cannot be changed to other models. All Nippon Airways pointed out that it learned from Boeing on the 18th that due to the influence of 5G radio waves, the system that controls the posture of the 777 aircraft may malfunction when it is flying at low altitudes.
"Asahi Shimbun" reported that ANA announced on the 18th that with the start of 5G services in the United States, due to Boeing's request to suspend the operation of 777 aircraft, it is currently canceling Los Angeles, New York, and Chicago and other 20 flights connecting with Japan's Haneda and Narita airports, including passenger aircraft and 10 freighter flights each, and about 650 passengers were affected.
According to ANA, U.S. aviation authorities pointed out in December that 5G airwaves could affect the plane's altimeter, and on Jan. 13 revealed the airports that might be affected. Boeing notified all airlines operating its 777s to limit operations because it could affect airframe control as the planes land. Japan Airlines also canceled some flights due to this impact.
(Source: Compiled from Online Information)
The U.S. government is scrutinizing Alibaba's cloud business to determine whether it jeopardizes national security. (Photo from Reuters)
(We Chinese in America Media Editor Tang Zhao, January 18, 2022) The U.S. government is reviewing Alibaba's cloud business to determine whether it jeopardizes national security, Reuters reported, citing people familiar with the matter.
The review focuses on how Alibaba stores U.S. customer data, including personal information and intellectual property, and whether Chinese officials can access that data. In addition, Beijing authorities may interfere with the access rights of American users, which is also one of the potential concerns of the United States.
Reuters reported that the U.S. could eventually force Alibaba to take steps to reduce the risk to U.S. national security from its cloud business, or completely ban the use of Alibaba Cloud services by Americans at home and abroad.
Alibaba's cloud business is small in the U.S., with annual revenue estimated at less than $50 million, according to research firm Gartner. Well-known American companies that currently have business relationships with Alibaba Cloud include Ford Motor, IBM's Red Hat, and Hewlett-Packard.
(Source: World Journal)
