The U.S. Census Bureau added questions about long covid to its Household Pulse Survey last year, and the results suggest, according to a Brookings Institution analysis, that some 3 million Americans might be out of the workforce due to long covid. That’s 1.8 percent of the entire U.S. civilian labor force, representing $168 billion in lost annual earnings. The National Bureau of Economic Research found in a September study that in a typical week of the pandemic, 10 workers per 1,000 missed an entire week of work due to their own health problems, compared with six in an average week in the years before. That study estimated covid reduced the U.S. labor force by 500,000 people at an annual cost of $62 billion. Worldwide, a conservative estimate is that 10 percent of the documented 651 million covid cases might have long covid — that’s 65 million people.
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Normax Biomed Ltd (Normax) is based in Cork, Ireland, and London, England. Normax is in the business of mRNA vaccine Research, Development and Manufacturing. Normax has secured a €300,000,000 capital commitment from a $3.4Bn cornerstone institutional investor for development of mRNA Vaccines and Vax Factory Manufacturing for Transformative Social Impact on Infectious Disease and Pandemic Preparedness. Normax plans to drive down the cost of mRNA Vaccines to save more lives and to deliver sustainable returns for impact investors. Normax plans to deliver safe and effective mRNA vaccines at large scale for about $4 dollars per dose. Normax mRNA vaccine products in development include: (1) mRNA Vax Factory, (2) Universal Coronavirus mRNA Vaccine, (3) Tuberculosis mRNA Vaccine, (4) HIV mRNA Vaccine, (5) Malaria mRNA Vaccine, and (6) Disease-X mRNA Vaccine (e.g. within 100 days). Normax mission is to deliver competitive financial performance with transformative social impact. NOT AN OFFER TO INVEST.
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