Sinopharm’s vaccine is effective against the highly contagious coronavirus Delta variant, a new study has found.
More than 95 per cent of the 282 people studied developed antibodies within two weeks of the second shot, said researchers at the University of Sri Jayewardenepura, Sri Lanka.
They said 81 per cent developed specific antibodies capable of neutralising the virus at levels similar to those seen after infection from Sars-CoV-2.
“Antibody responses to Delta variant and neutralising antibodies were similar to levels seen following natural infection,” they said.
However, antibody responses were lower in people over the age of 60, compared with those in the 20 to 39 age group, researchers said.
“Seroconversion rates and immunogenicity appear to be lower in older individuals,” the researchers wrote in a paper that is yet to be peer reviewed.
The researchers also compared immune responses to variants of the virus.
While the vaccine held up particularly well against Delta, the response was slightly lower compared with the original strain, according to researchers.
The vaccine also induced “robust T cell and memory B cell” responses, which are other crucial elements of the immune response, although "the magnitude of responses were less than those observed with some other vaccines”, the researchers wrote.
Sinopharm has developed two vaccines against the virus that causes Covid-19. The group tested the shot produced by the Chinese pharmaceutical company’s Beijing unit, which has been used widely in the UAE.
A leading US medical journal found that the two vaccines prevented symptomatic infections by 72.8 per cent and 78.1 per cent, largely in line with what the state-owned drug maker previously announced. The findings were reported in the May 26 Journal of the American Medical Association.
The World Health Organisation approved Sinopharm for emergency use in May this year.
A study in Abu Dhabi this year found the Sinopharm vaccine to be more than 90 per cent effective at reducing hospital admissions in those people infected with the coronavirus.
The Abu Dhabi Public Health Centre study found a significant decrease in the rate of new Covid-19 infections among people in the emirate who received a second dose of the vaccine.
Research has shown all vaccines, including the highly effective mRNAs, such as Pfizer-BioNTech, are slightly less effective against the Delta strain.
The Pfizer vaccine's lack of effectiveness may be particularly noticeable in those over the age of 50, according to researchers in Israel.
A monitoring team from Hebrew University in Jerusalem said on Tuesday that about 90 per cent of new confirmed cases in the over-50 age group were among people who had received both doses of the Pfizer vaccine.
Israel said this month that Pfizer was 64 per cent effective against infection from Delta, but 93 per cent effective against severe disease and hospital admission.
Johnson & Johnson’s vaccine is also less effective against Delta, compared with the original strain, according to early research by scientists at New York University.
That paper, which is yet to be peer reviewed, found that the levels of neutralising antibodies in a “significant fraction” of people were low.
By contrast, those who received mRNA vaccines still displayed antibodies with a “high level of cross neutralisation” to the variants.
The researchers said the results suggest those who received the Johnson & Johnson single-shot vaccine could benefit from a second immunisation against the virus to increase protection against new strains.
SHAITTAN
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Islamophobia definition
A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”