Coronavirus is 'very contagious' but 'we'll get past this epidemic,' top pharma CEO says

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Coronavirus is 'very contagious' but 'we'll get past this epidemic,' top pharma CEO says
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AstraZeneca CEO Pascal Soriot told CNBC he could not say the coronavirus epidemic was totally controlled yet.

In its full-year guidance for 2020, AstraZeneca said it had assumed "an unfavourable impact from China lasting up to a few months as a result of the recent novel coronavirus outbreak."

An outbreak is expected to continue if a disease is given an R naught value higher than 1 during an event like the epidemic currently occurring in China.estimated the R naught for COVID-19 was around 2.2, meaning each patient will infect at least two people — that would make the coronavirus more infectious than seasonal flu.

Researchers across the globe are racing to develop a vaccine for the new strain of coronavirus, formally named COVID-19, which has beenSeveral pharmaceutical firms, including Vir Biotechnology, Moderna and Inovio Pharmaceuticals, have suggested they areDespite the global effort to develop a vaccine,The new strain of coronavirus produces mild cold symptoms in about 80% of patients, a WHO official.

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