Coronavirus Pandemic Likely To Settle Into An Endemic Phase

319
Credits: Renato Marques/Unsplash
  • The chief executive of Swiss pharmaceutical giant Novartis on Thursday warned the coronavirus pandemic will likely settle into an endemic phase.
  • It has renewed calls for policymakers to sufficiently finance pandemic preparedness.
  • I think what we’re going to settle into is more of an endemic environment with respect to coronaviruses and the Covid virus specifically,” said Vas Narasimhan, CEO of Novartis.

If you look over the last two years, we have populations that have built up immunity, you have a virus that’s continuing to make shifts, but I think what we’re going to settle into is more of an endemic environment with respect to coronaviruses and the Covid virus specifically.

Future Pandemic

Narasimhan, who has previously warned that future pandemics are bound to happen, made clear that world leaders must learn from the coronavirus crisis to be in a better place for future pandemics. “I think what is really important now is we turn our attention to pandemic preparedness for the future,” Narasimhan said.

“I’m not sure we have learned our lessons of the past that we need to invest in [research and development], we need to invest more in preparedness to be ready for the next pandemic — and I think that should be on the global agenda,” he added.

Straining Credulity

His comments come shortly after U.N. Secretary-General Antonio Guterres warned the world’s failure to prepare for future pandemics is “straining credulity.” Speaking at WEF on Wednesday, Guterres said, “Somehow — after all we have endured — we have not learned the global public health lessons of the pandemic. We are nowhere near ready for pandemics to come.”

Beijing reported on Saturday that almost 60,000 people with Covid had died in hospital since the country dropped its strict Covid restrictions last month, a sharp increase from previous figures. Asked whether it makes pharmacological sense for some governments to take a tough line on the entry of Chinese citizens into their country following Beijing’s reopening, Narasimhan replied, “I think from an epidemiological standpoint, you can certainly call it into question because in the end, we’ve learned the hard way these viruses will move regardless…”

Did you subscribe to our newsletter?

It’s free! Click here to subscribe!

Source: CNBC