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Monday, April 19, 2021

Amgen granted breakthrough tag for gastric cancer therapy

 Potential First-in-Class Therapy for a Subset of Gastric and Gastroesophageal Cancers That Overexpress Fibroblast Growth Factor Receptor 2 (FGFR2b)

Designation is Supported by Results From the Phase 2 FIGHT Trial

Amgen (NASDAQ:AMGN) today announced that the U.S. Food and Drug Administration (FDA) granted Breakthrough Therapy Designation for investigational bemarituzumab as first-line treatment for patients with fibroblast growth factor receptor 2b (FGFR2b) overexpressing and human epidermal growth factor receptor 2 (HER2)-negative metastatic and locally advanced gastric and gastroesophageal (GEJ) adenocarcinoma in combination with modified FOLFOX6 (fluoropyrimidine, leucovorin, and oxaliplatin), based on an FDA-approved companion diagnostic assay showing at least 10% of tumor cells overexpressing FGFR2b.

https://finance.yahoo.com/news/amgens-investigational-targeted-treatment-bemarituzumab-200000705.html

Moderna mRNA tech could help in long search for HIV vax

 

  • Moderna's mRNA tech could change the game in the decades-long effort to develop an HIV vaccine.

  • The company said it expects to begin two vaccine trials in humans by the end of 2021.

  • While "excited" by the prospect, HIV researchers caution there's a long road ahead for mRNA vaccines.

Moderna's investor presentation on Wednesday showcased the Massachusetts-based biotech's efforts to develop vaccines against HIV and eight other infectious diseases.

The company's mRNA technology, which has built upon decades of research, will now contribute to the long frustrated effort to contain the global HIV/AIDS epidemic.

Working in collaboration with the National Institutes of Health, Scripps Research, the Gates Foundation, and other partners, Moderna said it would begin testing two HIV vaccine candidates in humans by the end of 2021.

The COVID-19 vaccine developer's long-term goal is to show that its mRNA-based vaccine can produce broadly neutralizing antibodies, a type of immune response that researchers believe will be protective against circulating HIV strains around the world.

"Think about the people who die of HIV every year, the people who aren't alive because they don't have the amazing therapy available in this country," CEO Stephane Bancel told Insider in an interview Tuesday. In 2019, 700,000 people died of AIDS-related causes, the disease caused by HIV, and an estimated 1.7 million individuals contracted HIV.

However, two veteran HIV/AIDS researchers told Insider that while they're excited by the prospect of using mRNA technology to develop an HIV vaccine, there's a long road ahead for all players involved. Moderna's mRNA technology will indisputably speed up the "fine-tuning" of HIV vaccine development, but only continued testing will show if the end result is actually safe and effective.

Emory University virology professor Rafick-Pierre Sekaly, who has studied HIV for two decades, said it would be "crazy not to test" whether mRNA technology could bypass the expensive, slow process of generating these protein fragments in the lab.

"We had such a spectacular outcome with coronavirus that we absolutely need to embark on this platform and test it," Sekaly said. "None of the other [HIV] platforms have generated any inkling of promising results."

Moderna's partnership will build on a new and unproven vaccine approach

William Schief, an immunology professor at Scripps Research and vaccine design director of the International AIDS Vaccine Initiative, presented Moderna's investors with unpublished data from an HIV vaccine trial presented at a virtual AIDS research conference in February.

The trial, which started in 2018, was conducted with 48 HIV-negative adults, and will serve as preliminary basis off which Moderna and its collaborators will further study and test a vaccine approach targeting broadly neutralizing antibodies. Subjects were given either a low or high dose of the protein-based vaccine candidate, which was designed to activate certain "naive" B cells of the immune system.

When activated, the B cells produce proteins that eventually give rise to the hoped-for broadly neutralizing antibodies.

"The importance of priming these naive B cells is the key first step," Schief said on the investor call. "If you can't get that to work, the whole thing isn't going to work."

After being treated with the experimental vaccine, 47 out of 48 participants showed the targeted levels of naive B cells critical in eventually producing the antibodies, though the data remains subject to peer review. The final study volunteer dropped out.

Moderna's cost and time-efficient mRNA technology will speed up the process of conducting clinical trials, Schief said. Relatively speaking, conventional in-lab protein manufacturing is slow and expensive.

"It took us years just to do that one trial, many years," he added, referring to 48-person study. "We need to do a lot of human clinical trials, and we think that Moderna mRNA is the technology that will let us do that."

Moderna plans to test two mRNA-delivered HIV vaccine candidates in humans, both of which will test for safety and efficacy. The first is based on the initial study's protein component, while the other will determine whether synthetic HIV-like antigens can provoke the desired immune response. Both trials will start by the end of this year.

Stephane Bancel
Moderna CEO, Stephane Bancel attends 2019 Forbes Healthcare Summit at the Jazz at Lincoln Center on December 05, 2019 in New York City. Steven Ferdman/Getty Images

Compared to the virus behind COVID-19, HIV is a 'very different ballgame'

Dr. Ian Frank, an HIV vaccine researcher at the University of Pennsylvania who's helped develop HIV vaccines including one that made it to late-stage trials in 2007, said that the mRNA approach to developing an HIV vaccine has the advantage of speed and flexibility. Without scrutinizing the data from Schief's study, which is still undergoing peer review, it's a little difficult to understand the nuance, he said.

However, if the data show the vaccine created broadly neutralizing antibodies, this approach would signal a complete paradigm shift for HIV vaccine research, Frank said.

Despite the success of using mRNA to immunize against COVID-19, HIV is a "very different ballgame," Sekaly, the HIV researcher at Emory University, said. Once infected with HIV, the virus remains permanently active in a small number of cells in the body if left untreated, unlike the virus that causes COVID-19.

This means that a successful HIV vaccine has to overcome a higher hurdle than any other vaccine in history, Frank said. It would need to prevent infection, or the immune response underlying it, entirely. Other vaccines, including both Moderna and Pfizer-BioNTech's COVID-19 vaccines, only prevent the development of an infection into illness.

"For us to have an HIV vaccine that is effective in a way that will lead to prevention of infection, there's some fine tuning of this vaccine that is gonna need to happen," Frank said.

Although "excited" by the prospect of the Moderna partnership in HIV vaccine trials, Sekaly stressed that the mRNA-based delivery approach is still unproven beyond COVID-19, and emphasized the need for patient safety in clinical trials.

Both Frank and Sekaly said that the company's mRNA platform would likely enable any promising vaccine candidates to move from early to mid-stage clinical trials within a year - a much faster pace than vaccine development has historically gone.

Moderna's mRNA candidates have breakthrough potential in the frustrating, costly search for an HIV vaccine

Speaking to Insider, company CEO Bancel acknowledged the inherent challenge in developing a safe and effective HIV vaccine, a global health problem whose solution has eluded researchers for four decades.

The last HIV vaccine candidate that had made it to late-stage studies in South Africa stopped in February 2020 after there was "absolutely no evidence of efficacy," its head researcher told Science.

An earlier version of the vaccine used in the South African study had only shown 31% efficacy in a previous trial in Thailand. Before that, the last HIV vaccine to make it to a late-stage clinical trial concluded in 2007.

The two remaining late stage clinical HIV vaccines trials, Mosaico and Imbokodo, are being run by Johnson & Johnson and will not release results before the end of 2021.

Like the South African study halted in 2020, both trials use an inactive viral vector carrying genetic material based on HIV's many strains from around the world, as well as a synthetic protein mimicking part of a particle's envelope protein.

Even without Moderna involved, the HIV vaccine designed by Schief's team takes a different approach to tackling the virus than the one used in the J&J trials. By using the same delivery method as both Moderna's and Pfizer-BioNTech's COVID-19 vaccines, researchers will be able to fine-tune versions of their vaccine even further, Frank said.

COVID-19 vaccines have benefited from decades of HIV vaccine research

Although he finds the prospect of an mRNA vaccine exciting, Frank said Moderna and its partners have a long road ahead in proving if their mRNA-delivered protein approach is successful.

"The strategy has the potential to be a breakthrough, but it's the first step in a hard climb," Frank said. Moderna's mRNA technology will definitely give researchers the ability to test quickly, but that's all he can conclude.

"I'm sure they can get a candidate vaccine," Frank said. "The challenge will be how effective of an immune response it elicits."

The COVID-19 were been the breakthrough moment for mRNA vaccines, creating inroads for further HIV and cancer research. However, according to a recent National Bureau of Economic Research paper, it was actually decades of collective failure and the billions of dollars poured into HIV vaccine research that laid the foundation for the COVID-19 vaccines.

Published in March, author Jeffrey E. Harris found that 86% of clinical COVID-19 vaccines could trace their scientific basis to past HIV vaccine trials. From this vantage point, Moderna's mRNA platform is actually just a brief interlude from directly HIV-oriented scientific research driving the latest efforts in curbing the HIV/AIDS epidemic.

https://news.yahoo.com/modernas-mrna-technology-could-help-181459453.html

Next-gen Covid vaccines are supposed to be better; could they be worse instead?

 With Covid-19 vaccines, the world hopes to beat back the virus that causes the disease. But some scientists are increasingly concerned that, because of a quirk of our own biology, future iterations of the vaccines might not always be quite as effective as they are today.

The concerns stem from a phenomenon that is known as imprinting, sometimes called original antigenic sin, which is believed to affect how we respond to some pathogens.

In short, when your body is introduced to a particular threat for the first time — either through infection or a vaccine — that encounter sets your immune system’s definition of that virus and what immune weapons it needs to detect and protect against it in the future.

That imprint can be helpful. In the 2009 H1N1 flu pandemic, elderly adults were protected by immune responses they’d generated more than half a century earlier, in childhood, through encounters with a related virus. But it can also interfere with your body’s ability to mount responses against strains that have evolved from the one you were first exposed to.

In the case of Covid, some scientists are concerned that the immune system’s reaction to the vaccines being deployed now could leave an indelible imprint, and that next-generation products, updated in response to emerging variants of the SARS-CoV-2, won’t confer as much protection.

Michael Worobey, who was been involved in groundbreaking research on imprinting with influenza, said he worries the responses to first-generation Covid-19 vaccines will prove to be “a high-water mark” for people’s immune responses to these inoculations.

“I do think it’s something that we need to be thinking about,” Worobey, a professor of evolutionary biology at the University of Arizona, told STAT. “We might actually see lower efficacy five years from now, if people are still locked into recalling the response to the first [SARS-2] antigen that they saw.”

Sarah Cobey, an associate professor of computational biology at the University of Chicago, shares his worry. “As long as we have competition between old antibody responses and new antibody responses … then it seems like exactly the right sort of environment to see these phenomena,” Cobey said.

“I can’t think of a reason that should be restricted to influenza,” she added.

Not everyone in the conversation is convinced there will be a problem, though.

Vineet Menachery is a coronavirus expert at the University of Texas Medical Branch in Galveston, one of the smallish community of researchers who were studying coronaviruses before the Covid-19 pandemic hit. He noted that the SARS-2 spike protein — the protein that projects from the virus’ surface, giving it the appearance of wearing a crown — doesn’t have as much wiggle room to change as the hemagglutinin proteins that sit atop of flu viruses.

Both the spike and the hemagglutinin proteins are the means by which their respective viruses attach to the cells they are trying to infect; in the case of SARS-2 viruses, attachment occurs via a receptor known as ACE2. But influenza viruses mutate at a far faster rate than coronaviruses and they have much more leeway to change — mutational space, Menachery called it — without impeding its functionality.

“The changes that we see in the [SARS-2] variants aren’t whole-hog changes,” he said.

Imprinting is one of the reasons why flu vaccines aren’t as protective as we’d like them to be. Flu is a notorious shape-shifter and its constant alterations allow influenza viruses to evade immune system protections generated by either vaccination or previous infections. People who first encountered H1N1 viruses, for instance, never get as much protection from the H3N2 component of a flu shot as they do from the H1N1 part.

“Basically, I think of original antigenic sin as some sort of hierarchy in immune memory, meaning you preferentially boost what you’ve seen before, at the expense of developing responses to the new stuff,” Cobey said. “It could impact the effectiveness of [Covid] vaccine going forward.”

Scott Hensley, a sometimes collaborator of Cobey’s, has actually seen some evidence of coronavirus imprinting in his research. An associate professor of microbiology at the University of Pennsylvania, Hensley and colleagues were working to develop Covid-19 antibody tests in the early days of the pandemic. The work involved studying using blood samples from people who contracted Covid. They compared the post-infection samples to blood drawn from the same individuals prior to the pandemic.

In comparing the before and after blood samples, they saw in the post-infection sample a “dramatic” rise in antibodies to one of the humans coronaviruses that is among the causes of the common cold. It was a virus called OC43, which is in the same coronavirus family as SARS-2, as well as the viruses that cause SARS and MERS.

In other words, Covid infection actually boosted the immune system’s protection against a different virus, one that the immune system already knew.

Still, Hensley isn’t worried about imprinting — or at least not among people who have been vaccinated with mRNA vaccines. The very strong immune response generated by the Moderna and the Pfizer-BioNTech vaccines should override any imprinting impacts as SARS-2 mutates, he said. Hensley worries, though, that people whose immunity to the virus comes from infection, not vaccination, might have more difficulty handling variant viruses because of imprinting effects.

David Topham, an immunologist at the University of Rochester Medical Center and director of the New York Influenza Center of Excellence, also envisages that possibility.

He noted that, in the earliest stages of SARS-2 infection, the immune system mounts a response to a portion of the spike protein called S2. Later, the immune system focuses its attention on other parts of the spike, notably the part of the protein that attaches the virus to cells it invades, known as the receptor binding domain.

It’s not yet known if the early focus on S2 — which doesn’t change much from virus to virus — will blind the immune system to the changes elsewhere in the spike protein, the changes updated vaccines would be trying to teach the immune system to respond to, Topham said.

Topham doesn’t think this will be a problem in vaccinated people, because of the way the vaccines in use have been designed. The spike proteins they trigger production of appear to hide the S2 region, he said. The immune system can’t fixate on something it doesn’t see.

For people whose immunity comes from infection, Topham sees three possible scenarios. “It can be a problem, because the immune cells specific for S2 outcompete immune cells against other components of the spike protein that you really need in order to get protection. It can be inconsequential in that eventually the responses to the other parts of the protein catch up and it doesn’t matter. Or it could actually be a benefit because it gets the immune system revved up more quickly.”

Topham is not alone in speculating that an original Covid vaccine with a booster targeting variant viruses could, in fact, lead to a stronger immune response.

“You might actually end up with an immune response that is broader,” said Florian Krammer, a professor of vaccinology at the Icahn School of Medicine at Mount Sinai Hospital in New York.

Krammer used as an example research done by scientists at the Finnish Institute for Health and Welfare and University of Turku on vaccination against H5N1 bird flu. H5N1 vaccine that don’t contain adjuvants — boosting compounds — appear to generate poor immune responses. But in a paper published in the journal Vaccine, the researchers reported that a priming and boosting regimen that used two different H5N1 vaccines, made with different strains of the virus, induced a strong and long-lasting response.

We may find out whether this is going to be a problem sooner than you’d think. Moderna is working with the National Institute of Allergy and Infectious Diseases — which helped it design its original Covid vaccine — to test an updated version of its vaccine that targets the variant first spotted in South Africa, B.1.351. That variant appears to be able to evade immune responses triggered by earlier versions of the virus.

“The Phase 1 studies conducted by Moderna and NIAID … will produce immunogenicity data that will address this question,” John Mascola, director of NIAID’s Vaccine Research Center, told STAT in an email. “So data directly bearing on the question will be forthcoming over the next weeks and months.”

https://www.statnews.com/2021/04/16/next-generation-covid-19-vaccines-are-supposed-to-be-better-some-experts-worry-they-could-be-worse/

LifeMD Preannounces Expected Record Revenue of $18.2M for Q1’21, Up 323%

  LifeMD, Inc. (“the Company”) (NASDAQ: LFMD), a leading direct-to-patient telehealth company, today announced expected record revenue of $18.2M for Q1’21. The Company had previously guided towards revenue to be greater than $17 million (Link). However, a stronger than expected March resulted in performance exceeding that guidance. The expected quarterly revenue represents an increase of 323% year-over-year and a 41% increase compared to last quarter. Telehealth order volume grew by 373% versus the year-ago quarter, driven by both strong retention and new patient acquisition.

($ in 000s)

Three Months Ended March 31

Y-o-Y

Preliminary Key Performance Metrics

2021

2020

% Growth

Revenue

Telehealth

$13,290

$2,956

349.6%

LegalSimpli (LSS)

4,926

1,349

265.2%

Total Revenue

$18,216

$4,305

323.1%

Subscription Revenue as % of Total

92%

75%

Telehealth Volume

Total Telehealth Orders

164,452

34,753

373.2%

LegalSimpli

Active Subscribers

109,517

36,852

197.2%

Justin Schreiber, CEO of LifeMD commented, “We are pleased to report another strong quarter, as revenue for Q1‘21 grew by 323% compared to revenue in Q1’20 and more than 40% quarter-over-quarter, driven by a rapidly growing recurring subscriber base and efficient acquisition spending. We onboarded a substantial number of new patients to our platform this quarter at an improved cost per acquisition (“CPA”) when compared to the prior quarter. We are excited to share more detailed metrics on our upcoming earnings call.”

Subscriptions generated 92% of revenue in Q1’21, compared to 75% in Q1’20. The increase in subscription revenue is largely due to increased sales of the company’s Shapiro MD™ hair products for men and women under a new subscription-based program, as well as continued increased subscription sales of the company’s telemedicine brand for men, Rex MD™.

LifeMD CFO, Marc Benathen, commented, “LifeMD continues to realize the significant benefits of our subscription-based business model underscored by strong patient retention and growing levels of patient acquisition. Our team has done a tremendous job of thoroughly monitoring expenses across the full brand portfolio to ensure efficient spending, while achieving a 41% increase in sequential revenue growth. As mentioned, March 2021 was a record month. We look forward to providing a complete financial and operational update on our upcoming earnings call.”

https://finance.yahoo.com/news/lifemd-announces-expected-record-revenue-113000332.html

Austria Will Only Use Sputnik V Vaccine After EMA Approval: Kurz

 Austria will only use Russia's Sputnik V coronavirus vaccine once the European Medicines Agency has approved it, Chancellor Sebastian Kurz said on Monday, amid growing public frustration with the pace of COVID-19 vaccinations.

Austria has been in talks with Russia to buy a million doses of the vaccine, and Kurz said on March 31 the order would probably be placed the following week. However, that order has yet to be announced.

Kurz had recently avoided saying whether his country would await EMA approval of the vaccine, which has been used in the European Union only by Hungary so far. EMA has launched a rolling review of Sputnik V.

"We hope it will quickly be approved by EMA as every extra vaccine dose helps us save lives," Kurz said in a statement, adding that his conservatives and their coalition partner, the Greens, had agreed to make the order. A Kurz spokesman confirmed that meant it would only be used after EMA's approval.

The efficacy of the two-shot Sputnik V vaccine was initially greeted with scepticism by some Western scientists after Russia approved it in August last year without waiting for the results of full clinical trials.

However, scientists said it was almost 92% effective in fighting COVID-19, based on peer-reviewed late-stage trial results published in The Lancet medical journal in February.

Many European officials still have concerns about Russia's intentions in exporting it to dozens of countries when it has yet to vaccinate most of its own population.

Only two other EU countries, Hungary and Slovakia, have ordered Sputnik V and only Hungary has used it. The issue is so controversial in Slovakia that it sparked a political crisis that prompted Prime Minister Igor Matovic to resign last month.

https://www.usnews.com/news/world/articles/2021-04-19/austria-will-only-use-sputnik-v-vaccine-after-ema-approval-kurz-says

2 Things to Look For in Johnson & Johnson's Earnings Tomorrow

 In the unlikely event that you haven't heard much about it lately, Johnson & Johnson (NYSE:JNJ) will report its first-quarter earnings before the market opens tomorrow. Investors are bound to be overflowing with questions about the healthcare giant's performance. 

Two days after the earnings report, the company will have its annual meeting of shareholders. Whether you're a shareholder or a potential buyer, tuning in will shed light on the future of the company, not just the most recent quarter. In particular, there are a few items that investors should pay close attention to, starting with the company's latest coronavirus vaccine troubles.


1. When and how will the coronavirus vaccine issues be resolved?

The biggest thing to look for in the earnings report will be any clues about how management is going to handle the latest hitches with the company's vaccine. In late March, manufacturing issues were slated to cause vaccine shipments to drop by 80%. These problems had their origin in a factory run by Emergent BioSolutions, where an accident led to the loss of up to 15 million doses. It's unlikely that such a costly mistake will happen twice, but more clarity on how J&J plans to improve quality control will doubtlessly be on investors' minds.

Then there's the even more recent (and more pressing) problem. After eight recently vaccinated people developed severe blood clotting and one person died, the vaccine's rollout in the U.S. is slamming to a halt at the behest of regulators. Across the Atlantic, the European Commission seems equally displeased at J&J's abrupt announcement that its vaccine deliveries to the E.U. would be delayed until it knew more about the blood clotting issue. So far, the company's response to the problem seems somewhat disorganized, which is very much out of character.

In all likelihood, the one-dose vaccine will return to deployment as soon as regulators understand the scope of the newly revealed risk. According to Janet Woodcock at the Food and Drug Administration, the process could be as quick as "a matter of days." But, investors need to watch the issue carefully, especially with regard to management's plans for a contingency in which the vaccine can't be administered to certain populations due to the clotting hazard. Even a small reduction in its total addressable market could have a significant and negative impact on its expected revenue over the course of a year.

2. Are earnings still shrinking?

Vaccine woes aside, the company's efficiency will be in focus with the release of its earnings report. While it isn't a cause for alarm, J&J's earnings shrunk by 2.7% in 2020 compared to 2019 even as sales grew by 0.6%. More recently, in the fourth quarter of 2020, earnings plummeted by 56.7% year over year, which might raise a few eyebrows if similarly sized contractions continue into 2021. Some of this drop is attributable to the negative economic impact of the pandemic, but there could be other factors at play. Management is unlikely to address the topic directly, but shareholders may find a few hints nonetheless.

JNJ Revenue (Quarterly) Chart
DATA BY YCHARTS.

Specifically, investors should keep an eye on the company's cost of goods sold (COGS) as well as its selling, general, and administrative (SG&A) expenses. Both have risen by upwards of 12% over the last three years, but it hasn't stopped J&J's free cash flow from steadily growing in the same period.

In closing, investors and potential buyers should keep in mind that the earnings update is just one bundle of new information. For a multinational corporation of its size, the results of one quarter aren't going to define whether the stock is a good long-term investment. Still, worse-than-expected data could be an excellent opportunity to buy it at a rare discount.

https://www.fool.com/investing/2021/04/19/2-things-investors-need-to-look-for-in-johnson-joh/

J&J COVID vax manufacturing halted at U.S. plant that had contamination issue

 Production of Johnson & Johnson's COVID-19 vaccine at a U.S. manufacturing plant was halted by the U.S. Food and Drug Administration while the agency investigates an error that led to millions of doses being ruined last month.

Emergent BioSolutions Inc, the company that owns and runs the Baltimore plant that had been making the J&J vaccine, said in a regulatory filing that the FDA requested a pause on April 16 in production of new drug substance for the shot pending completion of the inspection.

Johnson & Johnson said it would work with Emergent and the FDA to address any findings at the end of the inspection.

J&J was put in charge of manufacturing at the plant in early April by the U.S. government after it disclosed the error in which ingredients from AstraZeneca's shot also being produced at the plant at that time contaminated a batch of the J&J vaccine.

The request to pause manufacturing is the latest setback to J&J's vaccine, which has been paused for use by U.S. regulators as they review reports of rare but serious brain blood clots in people who took the one-dose shot.

The Baltimore plant had been seeking authorization from the FDA for the J&J vaccine when the error occurred. J&J has authorization to make doses in the Netherlands and finish them in the U.S. plant of Catalent Inc..

"At this time, it is premature to speculate on any potential impact this could have on the timing of our vaccine deliveries," J&J said. The company has previously said it would deliver 100 million doses of its vaccine to the United States during the first half of 2021 and has so far delivered about 18 million.

J&J said in a statement it was focused on securing emergency use authorization for the Emergent plant.

Emergent said on Monday in a regulatory filing that the FDA started its review on April 12. The company said it would quarantine existing material manufactured at the Baltimore facility until the review is complete.

"We acknowledge that there are improvements we must make to meet the high standards we have set for ourselves and to restore confidence in our quality systems and manufacturing processes," Emergent said in an emailed statement.

In March, J&J said it had found a problem with a batch of the drug substance for its COVID-19 vaccine being produced by Emergent.

J&J did not say how many vaccine doses the spoiled batch would have produced, but the New York Times, without citing a source, reported that about 15 million doses were ruined.

https://finance.yahoo.com/news/1-emergent-stop-making-covid-104201384.html