Posted by PureBULL ... > 2020-08-25 15:27 | Report Abuse

By supermxmx, 3:01 PM
Bloomberg - Indian tech group withdraws from vaccine race saying not worth it (12:58 p.m. HK)
A group of Indian Institute of Technology alumni and academics has withdrawn from the vaccine development race. It’s neither viable nor safe to do such research at a hectic pace and with inadequate data, IIT Alumni Council said in an Aug. 24 statement.

Only 2% of Covid-19 patients need critical care and they can most likely be treated with antibody-based biologics, Daljit Singh, an IIT alumnus and former president at Fortis Healthcare said in the statement. A vaccine, on the other hand, will need to protect nearly the entire population in order to be effective.

“Chasing 2% of the population with a 98% sure cure has a far better probability of success than chasing 98% of the population with a 2% surety of safety and efficacy,” he said.