Mpox has been largely considered as an "African problem", and Big Pharma’s apparent lack of interest in developing vaccines puts people on the continent - as well as around the world - at increased risk of exposure to a deadlier strand, experts have warned.
The limited availability of vaccines approved by the World Health Organisation and the higher cost they are sold at means financially strained African nations could struggle to get hold of whatever quantities are available, making disease prevention an extremely difficult task, industry experts say.
Unlike their rush to develop and market billions of doses of vaccines to curb Covid-19, the big pharmaceutical companies have yet to commit resources to develop vaccines for large-scale inoculation of Africans against mpox.
The field is left wide open for smaller vaccine manufacturers, which have limited capabilities. However, Big Pharma, with its deep pockets, can muscle in anytime to buy out smaller companies if there is a commercial case to enter the mpox market.
“Mpox has been, frankly, overlooked," Seth Lederman, chief executive of US-based Tonix Pharamceuticals, which is in race to develop its own mpox vaccine told The National.
"Traditionally, mpox has been a market in Africa which is … not something that typically attracts a lot of attention. One of the things about these big [pharmaceutical] companies is that they can wait until the very end, and they can pay up, and they can buy whatever they want.”
Pfizer declined to comment. Johnson & Johnson said it currently does not have plans to develop an mpox vaccine. Moderna did not immediately return The National's request for comment.
Two mpox global emergencies
On August 14, the WHO declared mpox in the Democratic Republic of the Congo and neighbouring countries to be a public health emergency of international concern.
It is the second time in two years that the global health watchdog has elevated mpox's threat level and asked for a global response to control its spread.
The last mpox global health emergency was declared over in May 2023. However, the latest outbreak is more complex, more dangerous as it is being spread through human contact, rather than primarily through sexual transmission as was observed in previous outbreaks. It has also spread beyond the DRC, where it originated, to parts of Central and East Africa.
Since the beginning of this year, close to 19,000 cases of mpox have been reported, with the death toll in the DRC rising to more than 550 so far this year, according to the Africa Centres for Disease Control and Prevention.
New cases of the deadlier Clade 1b strand of the disease have also been detected in Europe and Asia among people with a travel history to Africa, the European Centre for Disease, Prevention and Control said in its latest mpox update.
On August 15, the first recorded case of the deadlier strain of the mpox outside of Africa was reported in Sweden, while Pakistan's Health Ministry also confirmed one patient had the virus.
Demand factor
Mpox, has been around for decades but the last two outbreaks have received a lot of attention, coming on the heels of the coronavirus pandemic.
Covid-19 brought the world economy to its knees, pushing it into the worst recession since the 1930s. The closure of borders around the globe brought the aviation and tourism industries to a grinding halt.
Millions of jobs were lost around the globe, as well as trillions of dollars in revenue across sectors as all but essential businesses were closed.
The human toll of the pandemic was even greater. More than 704 million cases of Covid-19 were reported around the globe, with death toll hitting 7.01 million globally, according to Worldometer, which collated data reported by governments across the world.
The world’s two biggest economies, the US and China, were among the worst affected, with the US suffering the highest number of reported Covid cases and China among the last countries to ease restrictions, which severely dented the growth of its manufacturing and exports sectors.
The impact of China’s slowdown is still reverberating through the global economy.
The sheer demand for Covid-19 vaccines by governments around the globe led to companies such as Pfizer, Moderna, AstraZeneca and China's Sinopharm racing to get their vaccines approved for emergency use by the WHO, the US Food and Drug Administration and other health regulators around the globe.
More than 5.65 billion people worldwide received at least one dose of a Covid-19 vaccine, equal to about 70.1 per cent of the world population, as of August 12 of this year, according to Our World in Data, an Oxford University data programme.
The sheer scale of demand for Covid-19 vaccines, which triggered the global pharma industry race to develop inoculations, is not even comparable to the rather small requirements for a vaccine to tackle the mpox problem.
Right now, there is no commercial case for these companies, hence the apparent lack of the interest, experts said.
Mpox is not Covid-19
The nature of disease is also different. It is less deadly than Covid-19 and it has been a known entity since 1970, when it was first discovered in the DRC.
With lessons learnt from the Covid-19 pandemic, health watchdogs around the globe are also better prepared to handle the latest mpox outbreak.
Dr Hans Kluge, regional director for Europe at the WHO, said that mpox, from a European perspective, was “not the new Covid [and] we know how to control it”.
“The risk in general to the population is low so there is no need for panic. People are asking ‘do we have to go to lockdown with this?’ Absolutely not, but we have to share all information between countries”, and stand in solidarity with Africa, he told BBC 4 radio last week.
Jimmy Whitworth, emeritus professor of epidemiology at the London School of Hygiene and Tropical Medicine, agreed. Mpox is a public health emergency and it has been declared so because it is spreading rapidly in central and eastern Africa and that is where it needs to be controlled, he said.
“Because with international travel it’s reasonable to assume that cases are going to pop up outside of Africa”, he said. However, if the world is “alert to the possibility of mpox [spreading], then this is entirely controllable outside of Africa", he added.
Africa’s inoculation drive
The Africa Centres for Disease Control estimates that 10 million doses are needed across the continent, with the DRC in need of the lion's share.
However, experts say the global shortage of mpox vaccines could slow progress in the fight against the disease.
“There’s a constraint, as there is with a number of vaccines around the world,” Prof Whitworth said. “This isn’t the only one in which we have shortfalls because of unanticipated sudden demand. You don’t want to be making vast amounts of vaccines that aren’t used and then expire.
“The companies that make the vaccines are acting responsibly here – manufacturers have agreed to provide doses on an immediate basis for the outbreak we have at the moment.”
Bavarian Nordic, which makes the only US Food and Drug Administration-approved mpox vaccine for use in US and Europe, said earlier this week that the company will ramp up the manufacturing of the vaccine.
It currently has the capacity to manufacture 10 million doses by the end of 2025, in addition to its current orders. The company could supply up to two million doses this year.
“Bavarian Nordic is working closely with all stakeholders to ensure the equitable access to our mpox vaccine,” said Paul Chaplin, president and chief executive of Bavarian Nordic, in a bourse filing.
“We are also working with the WHO on a regulatory path to ensure access to all countries while, in parallel, seeking approval for use in adolescents and also conducting clinical studies in Africa to further expand the use to children.”
While companies are boosting capacity to broaden the equitable supply of the mpox vaccine, the price at which it is being provided can be a deterrent to progress.
“They sell for between $100 and $200 a dose, and you need to give everybody two doses. So, that’s a very expensive vaccine,” Voice of America quoted Prof Salim Abdool Karim, a virologist at the Nelson Mandela School of Medicine in Durban, South Africa, as saying.
Bavarian Nordic has not publicly disclosed the price at which it is selling its mpox vaccine.
What's available in the market
The WHO currently recommends the use of Bavarian Nordic’s MVA-BN vaccine or the Japan-based KM Biologics’ LC16 vaccine, the only mpox vaccine currently licensed for children.
When the other two vaccines are not available, the WHO recommends the use of the US-based Emergent BioSolutions' ACAM2000 vaccine.
The US FDA on Friday expanded the approval of the ACAM2000 vaccine for use by people at high risk of contracting mpox, which boosted the drug maker's shares by 20 per cent in pre-trading before it closed the day down 6.73 per cent.
However, the WHO recommends that vaccines should only be used by people who are at risk and does not recommend mass vaccination at the moment, according to the mpox guidance on its website.
On August 9, the WHO extended an invitation to mpox vaccine manufacturers to submit an expression of interest for Emergency Use Listing, an authorisation process, developed to “expedite the availability of unlicensed medical products like vaccines that are needed in public health emergency situations”.
“Granting of an EUL will accelerate vaccine access, particularly for those lower-income countries which have not yet issued their own national regulatory approval,” the WHO said. “The EUL also enables partners including Gavi and Unicef to procure vaccines for distribution.”
Struggling African nations
However, African countries are struggling to mobilise the necessary funds to put in place medical countermeasures, including vaccines, Dr Javier Guzman, director of global health policy and senior policy fellow at the Centre for Global Development think tank in Washington, told The National earlier this month.
“Gavi, the Vaccine Alliance’s $500 million First Response Fund is available but remains non-operational because it requires WHO emergency use listing for mpox vaccines, despite these vaccines already being approved by well-resourced regulatory authorities,” he said. “This process needs to be updated.”
Africa has so far secured less than 10 per cent of the estimated $245 million it needs to fight the mpox outbreak on the continent, Reuter’s cited Africa Centres for Disease Control chief of staff Ngashi Ngongo as saying on Wednesday.
It is currently looking at a shortfall of $224 million, he said at a WHO meeting in the Republic of the Congo's capital, Brazzaville.
What smaller vaccine producers are doing?
With lack of interest from the bigger pharmaceutical companies, the smaller vaccine manufacturers are trying to fill the void.
Tonix Pharmaceuticals last week said it was collaborating with Bilthoven Biologicals, a part of the Cyrus Poonawalla Group, which includes the world’s biggest vaccine producer, the Serum Institute of India, to advance Tonix's mpox vaccine candidate TNX-801.
The potential vaccine would be a single-dose vaccine, which Mr Lederman said can be “rapidly scaled up” because of the Serum Institute in India’s involvement.
He would not disclose how much the company is investing in the project or when the vaccine could be ready for mass use, but said “we're not going to be the first … we're playing the long game”.
“We believe ours could be the most important, particularly if we have to vaccinate large segments of populations” such as the DRC in Africa or the US, he added.
While companies such as Tonix are developing their vaccine candidates, there are others such as Jynneos that have a US CDC-approved finished product and are awaiting a nod from the WHO.
The problem is “right in front of us”, which is that the WHO still has not approved the Jynneos vaccine or given it emergency use, Dr Chris Beyrer, director at the Duke Global Health Institute, told The National.
Countries such as the DRC, Burundi and the Republic of the Congo do not have capacity to approve drugs on their own and rely on the WHO, he said.
“[However,] we're stuck in bureaucratic approvals and regulatory approvals that are basically barriers between vaccine supply – which is not enough – and people who need to be protected.”
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.”
Nepotism is the name of the game
Salman Khan’s father, Salim Khan, is one of Bollywood’s most legendary screenwriters. Through his partnership with co-writer Javed Akhtar, Salim is credited with having paved the path for the Indian film industry’s blockbuster format in the 1970s. Something his son now rules the roost of. More importantly, the Salim-Javed duo also created the persona of the “angry young man” for Bollywood megastar Amitabh Bachchan in the 1970s, reflecting the angst of the average Indian. In choosing to be the ordinary man’s “hero” as opposed to a thespian in new Bollywood, Salman Khan remains tightly linked to his father’s oeuvre. Thanks dad.
PROVISIONAL FIXTURE LIST
Premier League
Wednesday, June 17 (Kick-offs uae times) Aston Villa v Sheffield United 9pm; Manchester City v Arsenal 11pm
Friday, June 19 Norwich v Southampton 9pm; Tottenham v Manchester United 11pm
Saturday, June 20 Watford v Leicester 3.30pm; Brighton v Arsenal 6pm; West Ham v Wolves 8.30pm; Bournemouth v Crystal Palace 10.45pm
Sunday, June 21 Newcastle v Sheffield United 2pm; Aston Villa v Chelsea 7.30pm; Everton v Liverpool 10pm
Monday, June 22 Manchester City v Burnley 11pm (Sky)
Tuesday, June 23 Southampton v Arsenal 9pm; Tottenham v West Ham 11.15pm
Wednesday, June 24 Manchester United v Sheffield United 9pm; Newcastle v Aston Villa 9pm; Norwich v Everton 9pm; Liverpool v Crystal Palace 11.15pm
Thursday, June 25 Burnley v Watford 9pm; Leicester v Brighton 9pm; Chelsea v Manchester City 11.15pm; Wolves v Bournemouth 11.15pm
Sunday June 28 Aston Villa vs Wolves 3pm; Watford vs Southampton 7.30pm
Monday June 29 Crystal Palace vs Burnley 11pm
Tuesday June 30 Brighton vs Manchester United 9pm; Sheffield United vs Tottenham 11.15pm
Wednesday July 1 Bournemouth vs Newcastle 9pm; Everton vs Leicester 9pm; West Ham vs Chelsea 11.15pm
Thursday July 2 Arsenal vs Norwich 9pm; Manchester City vs Liverpool 11.15pm
WHAT IS A BLACK HOLE?
1. Black holes are objects whose gravity is so strong not even light can escape their pull
2. They can be created when massive stars collapse under their own weight
3. Large black holes can also be formed when smaller ones collide and merge
4. The biggest black holes lurk at the centre of many galaxies, including our own
5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed
UAE currency: the story behind the money in your pockets
yallacompare profile
Date of launch: 2014
Founder: Jon Richards, founder and chief executive; Samer Chebab, co-founder and chief operating officer, and Jonathan Rawlings, co-founder and chief financial officer
Based: Media City, Dubai
Sector: Financial services
Size: 120 employees
Investors: 2014: $500,000 in a seed round led by Mulverhill Associates; 2015: $3m in Series A funding led by STC Ventures (managed by Iris Capital), Wamda and Dubai Silicon Oasis Authority; 2019: $8m in Series B funding with the same investors as Series A along with Precinct Partners, Saned and Argo Ventures (the VC arm of multinational insurer Argo Group)
SPEC%20SHEET%3A%20APPLE%20IPHONE%2014
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Squads
India: Kohli (c), Rahul, Shaw, Agarwal, Pujara, Rahane, Vihari, Pant (wk), Ashwin, Jadeja, Kuldeep, Shami, Umesh, Siraj, Thakur
West Indies: Holder (c), Ambris, Bishoo, Brathwaite, Chase, Dowrich (wk), Gabriel, Hamilton, Hetmyer, Hope, Lewis, Paul, Powell, Roach, Warrican, Joseph
Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
Round 3: February 7-9, Dubai Autodrome – Dubai
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
Match info
Uefa Champions League Group B
Barcelona v Tottenham Hotspur, midnight
Museum of the Future in numbers
- 78 metres is the height of the museum
- 30,000 square metres is its total area
- 17,000 square metres is the length of the stainless steel facade
- 14 kilometres is the length of LED lights used on the facade
- 1,024 individual pieces make up the exterior
- 7 floors in all, with one for administrative offices
- 2,400 diagonally intersecting steel members frame the torus shape
- 100 species of trees and plants dot the gardens
- Dh145 is the price of a ticket
Various Artists
Habibi Funk: An Eclectic Selection Of Music From The Arab World (Habibi Funk)
Company%20profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20WallyGPT%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2014%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3ESaeid%20and%20Sami%20Hejazi%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%3Cbr%3E%3Cstrong%3EInvestment%20raised%3A%20%3C%2Fstrong%3E%247.1%20million%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2020%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3EPre-seed%20round%3C%2Fp%3E%0A
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
How to wear a kandura
Dos
- Wear the right fabric for the right season and occasion
- Always ask for the dress code if you don’t know
- Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work
- Wear 100 per cent cotton under the kandura as most fabrics are polyester
Don’ts
- Wear hamdania for work, always wear a ghutra and agal
- Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
Results:
6.30pm: Handicap (Turf) | US$175,000 2,410m | Winner: Bin Battuta, Christophe Soumillon (jockey), Saeed bin Suroor (trainer)
7.05pm: UAE 1000 Guineas Trial Conditions (Dirt) | $100,000 | 1,400m | Winner: Al Hayette, Fabrice Veron, Ismail Mohammed
7.40pm: Handicap (T) | $145,000 | 1,000m | Winner: Faatinah, Jim Crowley, David Hayes
8.15pm: Dubawi Stakes Group 3 (D) | $200,000 | 1,200m | Winner: Raven’s Corner, Richard Mullen, Satish Seemar
8.50pm: Singspiel Stakes Group 3 (T) | $200,000 | 1,800m | Winner: Dream Castle, Christophe Soumillon, Saeed bin Suroor
9.25pm: Handicap (T) | $175,000 | 1,400m | Winner: Another Batt, Connor Beasley, George Scott
Gulf Men's League final
Dubai Hurricanes 24-12 Abu Dhabi Harlequins
Famous left-handers
- Marie Curie
- Jimi Hendrix
- Leonardo Di Vinci
- David Bowie
- Paul McCartney
- Albert Einstein
- Jack the Ripper
- Barack Obama
- Helen Keller
- Joan of Arc
Company%20profile
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