Moderna CEO Says Vaccines Less Effective Against Omicron.

So why are we still pushing the vaccine mandate? Is there some other reason?

Moderna MRNA, +11.80% CEO Stéphane Bancel has left no doubt whether he’s taking a glass half-full or half-empty approach to the emergence of the new omicron coronavirus variant.

He told the Financial Times there’s no world where current vaccines are as effective as they have been against the delta variant. And he suggested the drop-off could be significant.

“I think it’s going to be a material drop. I just don’t know how much because we need to wait for the data. But all the scientists I’ve talked to . . . are like, ‘This is not going to be good’.”

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