Omicron, found in Europe 11 days ago, jolts markets on vaccine fears

Published by
Reuters

By Ludwig Burger and Emma Thomasson FRANKFURT/BERLIN (Reuters) -The chief executive of drugmaker Moderna set off fresh alarm bells in financial markets on Tuesday with a warning that existing COVID-19 vaccines would be less effective against the new Omicron variant than they have been against Delta. However, European Medicines Agency (EMA) executive director Emer Cooke told the European Parliament that, even if the new variant becomes more widespread, existing vaccines will continue to provide protection. Andrea Ammon, chair of the European Centre for Disease prevention and Control (ECDC), sai…

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