The founder of COVID-19 vaccine manufacturer BioNTech said the new Omicron CCP (Chinese Communist Party) virus variant is not likely to cause severe illness in vaccinated people, echoing statements made by doctors in Israel as well as Oxford University.
Since the World Health Organization (WHO) designated Omicron a “variant of concern” last week, a number of countries have imposed restrictions on southern Africa and suggested lockdowns could be on the table soon. Panic over the variant also caused the stock market to experience declines in recent days, with the Dow Jones dropping more than 500 points by noon on Tuesday.