President Joe Biden will end the twin national emergencies for addressing COVID-19 on May 11, as most of the world gets closer to normalcy nearly three years after the emergencies were first declared, the Associated Press reported. The emergencies, which have been repeatedly extended by Biden since he took office in January 2021, were set to expire in the coming months. Republicans have refused for months to meet Biden’s request for billions of dollars to extend COVID vaccines and testing. That’s despite the fact that more than 500 people in the U.S. still die of COVID every day. The company said revenue for the company’s COVID vaccine Comirnaty is expected to drop 64% and revenue for its COVID treatment Paxlovid is expected to fall 58%.

Source: New York Times January 31, 2023 19:51 UTC