New: European Medical Agency approves BioNtech/Pfizer vaccine following clinical trials among 40,000 participants, says vaccine meets safety, efficacy and quality standards
Exec dir Emer Cooke says EMA received data right up to the past few days from pharma companies which other regulators (UK + US) would not have received. EMA was "constantly" evaluating evidence + info was "more convincing than anticipated" hence bringing authorisation forward
EMA: no evidence yet that the new strain is susceptible to antibodies generated by vaccine, however there is evidence that the vaccine is capable of generating neutralising antibodies which can neutralise different variants with mutations within the receptor binding domain
Therefore "very likely" the vaccine will retain protection against this new variant
Emer Cooke: Moderna vaccine under evaluation, Jan 6 date for opinion, EMA looking at 47 vaccines under development
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After Michel Barnier's briefing of EU ambassadors this afternoon, here's where things stand:
2/ There is a basic deadline of Christmas Eve to get a deal. That will give the EU's legal services time to draw up a letter to send to the UK seeking provisional application of the treaty from Jan 1
3/ It's understood officials will need four days at a minimum to draft a letter seeking provisional application of the treaty (all this is on the basis that it is pretty much too late for the European Parliament to ratify the treaty on time for Jan 1)
Now that the UK has ruled out Provisional Application acc to @PippaCrerar, where were things at on the EU side with that?
2/ This morning the European Parliament ruled out ratifying any agreement before the Dec 31 deadline as there would not be enough time to scrutinise the text
3/ So, if we got a deal in the next day or two that would require a decision to go for Provisional Application on Jan 1, with the EP ratifying later.
Eleventh hour talks between the EU and UK on the final fisheries element of the post-Brexit free trade negotiations are said to be “extremely difficult”, sources have told @rtenews .
2/ It’s understood that member states are being appraised of the EU’s latest offer, which would see a 25pc cut in the value of the fish quotas caught by EU boats - including Irish vessels - in UK waters.
3/ According to one EU official, the offer made by the EU’s chief negotiator Michel Barnier would be worth €160 million to the British fisheries industry.
The UK has been pressing for more than double that, which would translate to some 60pc of the fish caught in UK waters.
@MichelBarnier has held one meeting this morning with sherpas from the 8 coastal states and another began at 1300 CET. He's essentially testing their room for manoeuvre on access and quota share but getting strong push back
2/ As a reminder, the EU starting position was that European fleets wd forego 15-18pc of the overall value of fish caught by EU boats in UK waters (€650m); the UK said that figure shd be closer to 80pc, although it has since come down to 60pc
3/ The EU proposed a 10 year phasing in period at the end of which there would be a review that would be tied to continued access to the overall single market. The UK proposed 3yrs after which all bets are off
The PM underlined that the negotiations were now in a serious situation. Time was very short and it now looked very likely that agreement would not be reached unless the EU position changed substantially.
2/ He said that we were making every effort to accommodate reasonable EU requests on the level playing field, but even though the gap had narrowed some fundamental areas remained difficult.
3/ On fisheries he stressed that the UK could not accept a situation where it was the only sovereign country in the world not to be able to control access to its own waters for an extended period and to be faced with fisheries quotas which hugely disadvantaged its own industry.
New: the European Parliament's announcement that it will not ratify any treaty before the end of December unless the deal is concluded by midnight on Sunday comes amid signals that, despite progress, a deal won't be concluded until early next week.
2/ This is because there are still some formidable hurdles in the way of closure on the level playing field issue, and they haven't even got into fisheries in a big way yet. And both sides say things there are "extremely difficult".
3/ Yesterday there were some signals that a deal could be done by the weekend, but the mood seems to have dipped somewhat.