Tag Archives: wasting

EU face humiliating backlash after wasting millions of euros on 'ineffective' German jab

The European Union had “bet pretty big” on the Curevac vaccine, developed in Germany, and had even ordered more than 400million doses. It remains unclear what price the EU paid for these doses, but the German government admitted that it had invested more than £250million in developing the vaccine. Both Germany and the EU are facing questions over a waste of taxpayers money, amid concerns that the jab may not even secure approval from the European Medicines Agency.

German broadcaster DW’s host Ben Fajzullin said: “CureVac isn’t up to scratch. That’s the result of an interim analysis with 40,000 volunteers.”

Earlier in the year, Curevac chief executive Franz-Werner Haas had even told EU health chiefs that he expected a high efficacy return from the trials.

DW’s financial correspondent Chelsey Dulaney said: “At the beginning of the vaccine race, this was one of the most hyped-up companies out there.

“The Trump administration even tried to buy it off with a $ 1bn deal. There was a lot of interest in this vaccine.”

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She added: “But this is a spectacularly lower efficacy rate and it’s not even clear if they would get approval from medicines regulators like they say they are going to try.

“Europe had bet pretty big on this.”

CureVac’s chief financial officer Pierre Kemula insists the company had not given up on its coronavirus vaccine despite disappointing results from trials.

Chief executive Franz-Werner Haas added: “The results are sobering.

There has also been an ongoing dispute between the EU and AstraZeneca over vaccine supply.

French President Emmanuel Macron stirred up tensions after remarking that the AstraZeneca vaccine was only “quasi-effective”.

On Friday, the EU lost a legal battle in Brussels to force Anglo-Swedish drugmaker AstraZeneca to supply 120m doses of Covid-19 vaccine by the end of June.

The bloc also suffered from an initially slow vaccine rollout while the UK has raced ahead.

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This post originally appeared on Daily Express :: World Feed

‘Won’t be wasting my time with it’: Fans split as UFC legend Anderson Silva books boxing match with Julio Cesar Chavez Jr

UFC legend Anderson Silva will make his comeback in combat sports through a boxing match with Julio Cesar Chavez Jr.

An announcement was made on Tuesday via TMZ Sports, and it has been claimed that the Brazilian and Mexican have already signed their contracts to face one another on June 19.

Silva, 45, has been out of contract with the UFC since November 2020, and left the organization widely-regarded as one of the best mixed martial artists of all-time.

During his lengthy reign as middleweight champion, a cross-over superfight with Roy Jones Jr was often talked about yet never materialized.

But now he can at least measure his worth in the squared circle against the son of his legendary namesake brawling father, who although not as successful as Julio Sr, was once a WBC world ruler in the same division from 2011 to 2012.

“When I look back at my journey, I see that nothing has been in vain,” said Silva. “I am extremely happy for the opportunity to test my boxing skills with Julio Cesar Chavez Jr.”

“I train continuously, always striving for resilience and to overcome obstacles. Fighting is my everlasting breath.”

Commenting on the news himself, Cesar Chavez Jr, 35, said, “I have rededicated myself to the sport that I love and I will be ready to face anyone in the Light Heavyweight division starting with Silva”

“I will be prepared to be victorious on June 19.”
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Elsewhere on the card, Cesar Chavez Jr’s father, 58, will take on the 42-year-old son of Hector Camacho.

But sports fan aren’t too impressed by the spectacle on the whole, which will be put together by Schoen Entertainment and Global Sports Streaming.

“Bizarre…,” began one Twitter user. “Hate this for Anderson if this is a boxing match, Jr might get clowned for having a padded record etc but he’s still a legitimate professional boxer with world level experience and is like 10 years younger, Silva will get stopped.”

“This is what the circus of Floyd [Mayweather] vs [Conor] McGregor created,” remarked another. “Everyone who bashed was seething deep down they weren’t making that bag. Now everyone is doing it.”

“This was exciting in the beginning, now it’s lost its appeal. Not wasting my time on it unless there’s some prospects on the undercard or actual championship fights,” wrote one punter, who probably won’t be tuning in.

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