IBOV 176,288 ▲ 2.05% IPSA 10,989 ▼ 0.33% IPC MEX 66,525 ▲ 0.63% MERVAL 3,228,143 ▲ 0.80% COLCAP 2,292.02 ▼ 0.03% BVL PERÚ 56,194.27 ▲ 1.21% USD/BRL5.10▼ 0.24% USD/MXN17.47▼ 0.41% USD/CLP924.49▼ 0.34% USD/COP3,245▼ 2.94% USD/PEN3.40▼ 0.16% USD/ARS1,487▼ 0.03% USD/UYU40.22▲ 1.20% USD/PYG6,055▲ 1.53% USD/BOB10.14▲ 4.01% USD/DOP58.48▼ 0.12% USD/CRC448.82▲ 1.40% USD/GTQ7.63▲ 2.28% USD/HNL26.72▲ 1.50% USD/NIO36.62▲ 0.26% USD/VES707.92▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD158.07▲ 0.80% USD/TTD6.75▲ 1.32% EUR/BRL5.84▼ 0.97% BRENT 75.59 ▼ 0.93% WTI 71.11 ▼ 1.35% IRON ORE 161.91 — — COPPER 6.28 ▲ 1.01% GOLD 4,119 ▼ 0.29% SILVER 60.26 ▼ 0.20% SOY 1,189 ▲ 0.78% CORN 457.00 ▲ 6.84% WHEAT 648.50 ▲ 6.09% COFFEE 335.20 ▼ 6.09% SUGAR 14.89 ▼ 1.52% ORANGE JUICE 144.65 ▼ 3.50% COTTON 80.87 ▲ 6.18% COCOA 6,128 ▼ 2.87% BEEF 233.38 ▼ 0.80% CATTLE 352.65 ▼ 0.98% LITHIUM 72.26 ▼ 0.78% PETR4 39.52 ▲ 0.79% VALE3 74.19 ▲ 1.42% ITUB4 43.59 ▲ 2.35% BBDC4 18.54 ▲ 3.00% ABEV3 15.85 ▲ 0.83% BBAS3 20.35 ▲ 1.75% B3SA3 15.39 ▲ 4.06% WEGE3 46.47 ▲ 1.60% PRIO3 55.26 ▼ 0.63% SUZB3 41.55 ▲ 1.27% RENT3 40.40 ▲ 2.54% AZZA3 18.95 ▲ 2.65% CSAN3 4.01 ▲ 3.89% RAIZ4 0.37 — 0.00% PCAR3 2.76 — 0.00% GMAT3 3.96 ▲ 0.76% PSSA3 54.06 ▲ 1.33% CVCB3 1.26 ▲ 0.80% POSI3 3.94 ▲ 2.34% SLCE3 13.95 ▲ 1.16% NATU3 8.53 ▲ 0.83% BRKM5 6.49 ▲ 2.04% RANI3 7.97 ▲ 1.40% CSNA3 5.08 ▲ 5.83% CMIN3 5.07 ▲ 4.97% USIM5 8.42 ▲ 0.84% GGBR4 22.87 ▲ 1.73% ENEV3 26.87 ▲ 2.56% CPFE3 47.20 ▲ 1.97% CMIG4 11.29 ▲ 1.90% EQTL3 40.46 ▲ 2.40% LREN3 14.74 ▲ 4.17% VIVT3 35.44 ▲ 2.72% RAIL3 13.88 ▲ 0.95% KLABIN 17.50 ▲ 0.57% RAIA DROGASIL 18.74 ▲ 3.36% RDOR3 35.91 ▲ 2.16% HAPV3 10.57 ▲ 4.97% FLRY3 16.22 ▲ 2.98% SMTO3 15.97 ▼ 0.50% UGPA3 30.64 ▲ 1.79% VBBR3 32.62 ▲ 1.62% BBSE3 39.85 ▲ 1.45% BPAC11 57.07 ▲ 2.50% CURY3 33.76 ▲ 3.24% AERI3 2.08 ▲ 0.97% VIVARA 23.14 ▲ 2.48% COMPASS 25.05 ▲ 1.50% VAMOS 3.03 ▲ 2.36% SANB11 27.17 ▲ 3.50% ASAI3 8.77 ▲ 3.66% SBSP3 30.81 ▲ 2.70% WALMEX 49.28 ▲ 0.53% GMEXICO 197.05 ▲ 0.88% FEMSA 223.53 ▲ 0.52% CEMEX 21.97 ▲ 1.20% GFNORTE 188.10 ▲ 1.48% BIMBO 56.13 ▲ 0.05% TELEVISA 9.59 ▲ 0.95% AMX 22.99 ▲ 1.28% GAP 410.11 ▼ 0.49% ASUR 284.11 ▲ 0.18% OMA 234.43 ▼ 1.71% KOF 182.31 ▲ 0.82% GRUMA 285.31 ▲ 1.07% KIMBER 38.32 ▼ 0.44% SQM-B 67,502 ▼ 2.31% COPEC 6,037 ▲ 0.29% BSANTANDER 78.50 ▲ 1.29% FALABELLA 5,880 ▲ 0.49% ENELAM 84.51 ▲ 0.42% CENCOSUD 2,036 ▼ 1.01% CMPC 1,115 ▲ 1.85% BANCO CHILE 188.23 ▲ 0.66% LATAM AIR 26.16 ▼ 0.91% YPF 74,200 ▼ 2.08% GGAL 8,130 ▲ 3.17% PAMPA 5,135 ▼ 1.34% TXAR 663.00 ▼ 0.23% ALUAR 965.50 ▼ 0.31% TGS 9,500 ▲ 2.04% CEPU 2,310 ▼ 0.22% MIRGOR 17,250 ▲ 0.29% COME 45.64 ▲ 0.48% LOMA NEGRA 3,510 ▲ 0.36% BYMA 306.50 ▼ 1.05% TELECOM ARG 4,185 ▲ 1.58% ECOPETROL 15.44 ▲ 0.29% BANCOLOMBIA 82.82 ▲ 2.34% GRUPO AVAL 5.04 ▲ 0.40% CREDICORP 399.71 ▲ 1.99% SOUTHERN COPPER 174.75 ▲ 0.18% BUENAVENTURA 30.00 ▲ 1.52% MERCADOLIBRE 1,855 ▲ 2.63% NUBANK 13.82 ▲ 1.10% XP 16.93 ▲ 3.17% PAGSEGURO 9.28 ▲ 3.11% STONE 11.17 ▲ 1.92% GLOBANT 30.24 ▼ 3.36% TECNOGLASS 44.05 ▲ 2.11% GAP AIRPORT 234.43 ▼ 0.02% ASUR 284.11 ▲ 0.18% OMA AIRPORT 107.04 ▼ 1.19% AMX ADR 26.29 ▲ 1.72% FEMSA ADR 127.76 ▲ 0.60% CEMEX ADR 12.56 ▲ 1.50% PETROBRAS ADR 17.17 ▲ 0.82% VALE ADR 14.49 ▲ 1.86% ITAU ADR 8.54 ▲ 3.08% SANTANDER BR 5.37 ▲ 4.47% AMBEV ADR 3.09 ▲ 1.48% CSN 1.01 ▲ 5.27% GERDAU 4.49 ▲ 1.70% LATAM ADR 56.57 ▼ 0.82% BTC 63,978 ▲ 1.24% ETH 1,790 ▲ 2.61% SOL 78.09 ▲ 0.06% XRP 1.10 ▲ 0.88% BNB 573.24 ▲ 0.84% ADA 0.17 ▼ 0.07% DOGE 0.07 ▲ 1.57% AVAX 6.73 ▲ 0.70% LINK 7.92 ▲ 2.43% DOT 0.87 ▲ 5.81% LTC 44.73 ▲ 2.20% BCH 249.47 ▲ 4.92% TRX 0.33 ▼ 0.47% XLM 0.19 ▲ 1.26% HBAR 0.07 ▲ 0.57% NEAR 1.90 ▼ 1.12% ATOM 1.58 ▲ 1.82% AAVE 95.58 ▲ 4.74% SELIC 14.25% EMBRAER 84.73 ▲ 1.04% EMBRAER ADR 66.25 ▲ 1.08% JBS 11.89 ▲ 1.36% JBS BDR 60.61 ▲ 0.93% MBRF3 15.77 ▲ 2.34% MBRFY 3.03 ▲ 1.00% INTER 5.82 ▲ 1.84% EGX 52,312 ▲ 0.54% USD/ZAR16.29▼ 0.24% USD/NGN1,376▼ 0.12% NIKKEI 68,558 ▲ 1.20% CSI300 4,781 ▼ 1.96% HSI 24,175 ▲ 0.60% NIFTY 24,207 ▲ 1.02% KOSPI 7,476 ▲ 2.52% JCI 5,924 ▲ 0.20% USD/JPY161.31▼ 0.66% USD/CNY6.76▼ 0.42% DAX 25,067 ▼ 0.20% CAC 8,339 ▲ 0.15% FTSE 10,497 ▲ 0.24% MIB 52,614 ▲ 0.44% IBEX 19,385 ▲ 0.32% STOXX 641.10 ▲ 0.04% EUR/USD1.14▲ 0.11% GBP/USD1.34▲ 0.19% SPX 7,556 ▲ 0.16% DJI 52,593 ▲ 0.20% NDX 29,741 ▲ 0.05% RUT 2,970 ▼ 0.76% TSX 35,267 ▲ 0.19% VIX 15.56 ▼ 1.77% USD/CAD1.41▼ 0.25% US10Y 4.5450 ▲ 0.13% IBOV 176,288 ▲ 2.05% IPSA 10,989 ▼ 0.33% IPC MEX 66,525 ▲ 0.63% MERVAL 3,228,143 ▲ 0.80% COLCAP 2,292.02 ▼ 0.03% BVL PERÚ 56,194.27 ▲ 1.21% USD/BRL 5.10 ▼ 0.24% USD/MXN 17.47 ▼ 0.41% USD/CLP 924.49 ▼ 0.34% USD/COP 3,245 ▼ 2.94% USD/PEN 3.40 ▼ 0.16% USD/ARS 1,487 ▼ 0.03% USD/UYU 40.22 ▲ 1.20% USD/PYG 6,055 ▲ 1.53% USD/BOB 10.14 ▲ 4.01% USD/DOP 58.48 ▼ 0.12% USD/CRC 448.82 ▲ 1.40% USD/GTQ 7.63 ▲ 2.28% USD/HNL 26.72 ▲ 1.50% USD/NIO 36.62 ▲ 0.26% USD/VES 707.92 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 158.07 ▲ 0.80% USD/TTD 6.75 ▲ 1.32% EUR/BRL 5.84 ▼ 0.97% BRENT 75.59 ▼ 0.93% WTI 71.11 ▼ 1.35% IRON ORE 161.91 — — COPPER 6.28 ▲ 1.01% GOLD 4,119 ▼ 0.29% SILVER 60.26 ▼ 0.20% SOY 1,189 ▲ 0.78% CORN 457.00 ▲ 6.84% WHEAT 648.50 ▲ 6.09% COFFEE 335.20 ▼ 6.09% SUGAR 14.89 ▼ 1.52% ORANGE JUICE 144.65 ▼ 3.50% COTTON 80.87 ▲ 6.18% COCOA 6,128 ▼ 2.87% BEEF 233.38 ▼ 0.80% CATTLE 352.65 ▼ 0.98% LITHIUM 72.26 ▼ 0.78% PETR4 39.52 ▲ 0.79% VALE3 74.19 ▲ 1.42% ITUB4 43.59 ▲ 2.35% BBDC4 18.54 ▲ 3.00% ABEV3 15.85 ▲ 0.83% BBAS3 20.35 ▲ 1.75% B3SA3 15.39 ▲ 4.06% WEGE3 46.47 ▲ 1.60% PRIO3 55.26 ▼ 0.63% SUZB3 41.55 ▲ 1.27% RENT3 40.40 ▲ 2.54% AZZA3 18.95 ▲ 2.65% CSAN3 4.01 ▲ 3.89% RAIZ4 0.37 — 0.00% PCAR3 2.76 — 0.00% GMAT3 3.96 ▲ 0.76% PSSA3 54.06 ▲ 1.33% CVCB3 1.26 ▲ 0.80% POSI3 3.94 ▲ 2.34% SLCE3 13.95 ▲ 1.16% NATU3 8.53 ▲ 0.83% BRKM5 6.49 ▲ 2.04% RANI3 7.97 ▲ 1.40% CSNA3 5.08 ▲ 5.83% CMIN3 5.07 ▲ 4.97% USIM5 8.42 ▲ 0.84% GGBR4 22.87 ▲ 1.73% ENEV3 26.87 ▲ 2.56% CPFE3 47.20 ▲ 1.97% CMIG4 11.29 ▲ 1.90% EQTL3 40.46 ▲ 2.40% LREN3 14.74 ▲ 4.17% VIVT3 35.44 ▲ 2.72% RAIL3 13.88 ▲ 0.95% KLABIN 17.50 ▲ 0.57% RAIA DROGASIL 18.74 ▲ 3.36% RDOR3 35.91 ▲ 2.16% HAPV3 10.57 ▲ 4.97% FLRY3 16.22 ▲ 2.98% SMTO3 15.97 ▼ 0.50% UGPA3 30.64 ▲ 1.79% VBBR3 32.62 ▲ 1.62% BBSE3 39.85 ▲ 1.45% BPAC11 57.07 ▲ 2.50% CURY3 33.76 ▲ 3.24% AERI3 2.08 ▲ 0.97% VIVARA 23.14 ▲ 2.48% COMPASS 25.05 ▲ 1.50% VAMOS 3.03 ▲ 2.36% SANB11 27.17 ▲ 3.50% ASAI3 8.77 ▲ 3.66% SBSP3 30.81 ▲ 2.70% WALMEX 49.28 ▲ 0.53% GMEXICO 197.05 ▲ 0.88% FEMSA 223.53 ▲ 0.52% CEMEX 21.97 ▲ 1.20% GFNORTE 188.10 ▲ 1.48% BIMBO 56.13 ▲ 0.05% TELEVISA 9.59 ▲ 0.95% AMX 22.99 ▲ 1.28% GAP 410.11 ▼ 0.49% ASUR 284.11 ▲ 0.18% OMA 234.43 ▼ 1.71% KOF 182.31 ▲ 0.82% GRUMA 285.31 ▲ 1.07% KIMBER 38.32 ▼ 0.44% SQM-B 67,502 ▼ 2.31% COPEC 6,037 ▲ 0.29% BSANTANDER 78.50 ▲ 1.29% FALABELLA 5,880 ▲ 0.49% ENELAM 84.51 ▲ 0.42% CENCOSUD 2,036 ▼ 1.01% CMPC 1,115 ▲ 1.85% BANCO CHILE 188.23 ▲ 0.66% LATAM AIR 26.16 ▼ 0.91% YPF 74,200 ▼ 2.08% GGAL 8,130 ▲ 3.17% PAMPA 5,135 ▼ 1.34% TXAR 663.00 ▼ 0.23% ALUAR 965.50 ▼ 0.31% TGS 9,500 ▲ 2.04% CEPU 2,310 ▼ 0.22% MIRGOR 17,250 ▲ 0.29% COME 45.64 ▲ 0.48% LOMA NEGRA 3,510 ▲ 0.36% BYMA 306.50 ▼ 1.05% TELECOM ARG 4,185 ▲ 1.58% ECOPETROL 15.44 ▲ 0.29% BANCOLOMBIA 82.82 ▲ 2.34% GRUPO AVAL 5.04 ▲ 0.40% CREDICORP 399.71 ▲ 1.99% SOUTHERN COPPER 174.75 ▲ 0.18% BUENAVENTURA 30.00 ▲ 1.52% MERCADOLIBRE 1,855 ▲ 2.63% NUBANK 13.82 ▲ 1.10% XP 16.93 ▲ 3.17% PAGSEGURO 9.28 ▲ 3.11% STONE 11.17 ▲ 1.92% GLOBANT 30.24 ▼ 3.36% TECNOGLASS 44.05 ▲ 2.11% GAP AIRPORT 234.43 ▼ 0.02% ASUR 284.11 ▲ 0.18% OMA AIRPORT 107.04 ▼ 1.19% AMX ADR 26.29 ▲ 1.72% FEMSA ADR 127.76 ▲ 0.60% CEMEX ADR 12.56 ▲ 1.50% PETROBRAS ADR 17.17 ▲ 0.82% VALE ADR 14.49 ▲ 1.86% ITAU ADR 8.54 ▲ 3.08% SANTANDER BR 5.37 ▲ 4.47% AMBEV ADR 3.09 ▲ 1.48% CSN 1.01 ▲ 5.27% GERDAU 4.49 ▲ 1.70% LATAM ADR 56.57 ▼ 0.82% BTC 63,978 ▲ 1.24% ETH 1,790 ▲ 2.61% SOL 78.09 ▲ 0.06% XRP 1.10 ▲ 0.88% BNB 573.24 ▲ 0.84% ADA 0.17 ▼ 0.07% DOGE 0.07 ▲ 1.57% AVAX 6.73 ▲ 0.70% LINK 7.92 ▲ 2.43% DOT 0.87 ▲ 5.81% LTC 44.73 ▲ 2.20% BCH 249.47 ▲ 4.92% TRX 0.33 ▼ 0.47% XLM 0.19 ▲ 1.26% HBAR 0.07 ▲ 0.57% NEAR 1.90 ▼ 1.12% ATOM 1.58 ▲ 1.82% AAVE 95.58 ▲ 4.74% SELIC 14.25% EMBRAER 84.73 ▲ 1.04% EMBRAER ADR 66.25 ▲ 1.08% JBS 11.89 ▲ 1.36% JBS BDR 60.61 ▲ 0.93% MBRF3 15.77 ▲ 2.34% MBRFY 3.03 ▲ 1.00% INTER 5.82 ▲ 1.84% EGX 52,312 ▲ 0.54% USD/ZAR 16.29 ▼ 0.12% USD/NGN 1,376 ▲ 0.08% NIKKEI 68,558 ▲ 1.20% CSI300 4,781 ▼ 1.96% HSI 24,175 ▲ 0.60% NIFTY 24,207 ▲ 1.02% KOSPI 7,476 ▲ 2.52% JCI 5,924 ▲ 0.20% USD/JPY 161.30 ▼ 0.65% USD/CNY 6.7644 ▼ 0.40% DAX 25,067 ▼ 0.20% CAC 8,339 ▲ 0.15% FTSE 10,497 ▲ 0.24% MIB 52,614 ▲ 0.44% IBEX 19,385 ▲ 0.32% STOXX 641.10 ▲ 0.04% EUR/USD 1.1442 ▲ 0.07% GBP/USD 1.3421 ▲ 0.13% SPX 7,556 ▲ 0.16% DJI 52,593 ▲ 0.20% NDX 29,741 ▲ 0.05% RUT 2,970 ▼ 0.76% TSX 35,267 ▲ 0.19% VIX 15.56 ▼ 1.77% USD/CAD 1.4133 ▼ 0.23% US10Y 4.5450 ▲ 0.13%
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Covid-19 Brazil

Sinovac Covid Shot’s Efficacy Uncertain Despite Brazil, Turkey Results

By · December 25, 2020 · 3 min read

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RIO DE JANEIRO, BRAZIL – With trials of Sinovac Biotech Ltd.’s coronavirus vaccine in Brazil and Turkey suggesting the shot has a protection rate on either side of 90%, there is still no final assessment on exactly how effective it is in protecting people against Covid-19.

Sinovac is finalizing results of phase III trials carried out in Brazil, Turkey, Indonesia and Chile, according to a person familiar with the trials. Those tests are relatively independent from each other and conducted according to different protocols, rather than subject to unified norms that typically govern such trials, said the person, who asked not to be identified because the data isn’t public.

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With trials of Sinovac Biotech Ltd.’s coronavirus vaccine in Brazil and Turkey suggesting the shot has a protection rate on either side of 90%, there is still no final assessment on exactly how effective it is in protecting people against Covid-19.
With trials of Sinovac Biotech Ltd.’s coronavirus vaccine in Brazil and Turkey, there is still no final assessment on exactly how effective it is in protecting people against Covid-19. (Photo internet reproduction)
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Researchers in Brazil earlier this week delayed releasing complete information on Sinovac’s vaccine, saying only that it was found to be more than 50% effective. São Paulo state Health Secretary Jean Gorinchteyn offered more specific guidance on Thursday, December 24th, saying the vaccine “didn’t reach 90%” efficacy, which would make it less successful than those developed by Pfizer Inc. and Moderna Inc.

“We don’t know how much more than 50% it was, whether it was 60%, 70% or 80%, but it’s at levels that allow us to reduce the impact of the disease on our population,” Gorinchteyn said in an interview with Brazil’s CBN Radio. “We knew that the effectiveness would never reach 90%.”

Turkey Trial

Adding to the confusion, Turkey said a trial of Sinovac’s vaccine taking place in its country showed an estimated efficacy rate of 91.25%. That trial, however, is based on only 29 cases, which is considered insufficient to draw a definitive conclusion on the shot’s effectiveness, according to the person familiar with the trials. The trial will continue to collect Covid-19 cases to get a more finalized reading, the person said.

A Sinovac spokesman declined to comment on questions about the vaccine’s efficacy.

The delay in the announcement of definitive results has created confusion over the effectiveness of Sinovac’s shot. Chinese developers have been slow compared with their western peers in releasing efficacy data, risking an erosion of confidence in these candidates as the world puts a laser focus on which vaccines are most successful in fighting the pandemic.

The reason Brazil hasn’t yet disclosed complete efficacy numbers is because Sinovac and its partners are reviewing all the Covid-19 cases found among participants, the person said. The Brazil trial has yielded more than 170 cases, but Sinovac needs to verify them to see whether they all meet the criteria set out by the Chinese drug regulator.

Regulators from China and Brazil, as well as Sinovac and its partners are still in the process of analyzing data from the Brazil trial, according to the source. Ultimately, Sinovac hopes to see unified standards to ensure equal comparisons across different trial sites, the person said. The protocol for the Brazil trial says Covid-19 cases are diagnosed in line with guidance from the U.S. Food and Drug Administration.

The late-stage trial of Sinovac’s vaccine in Brazil, involving about 13,000 participants, suggested the shot is “safe and effective,” authorities at the Butantan Institute and the state of São Paulo said earlier in the week.

Sinovac is betting on a successful vaccine to inoculate more people around the world and save lives, especially in developing countries like Brazil that will have limited access to the Pfizer and Moderna shots. Sinovac’s shot is potentially better suited to developing countries because it can be kept at normal refrigerator temperatures, while vaccines from Pfizer and Moderna require deep-freeze conditions for storage and transportation.

The Sinovac vaccine has been at the center of a political dispute between São Paulo Governor Joao Doria and President Jair Bolsonaro, who says a vaccine from China can’t be trusted. Bolsonaro again cast doubt on the effectiveness of the Sinovac vaccine in a Christmas Eve address broadcast on Facebook.

“I want to make it very clear that the label of this vaccine will be ‘we are not responsible for any side effect.’ Responsibility is yours,” he said.

Pfizer and Moderna’s shots, meanwhile, have been shown to reduce symptomatic cases by well over 90%.

Source: Bloomberg

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