The New Covid 'Omicron' Variant Has the Globe Freaking Out

Global health authorities are scrambling to collect information about a new coronavirus variant discovered in South Africa that appears to both be extremely contagious and possess an “unusual constellation” of mutations that could challenge the effectiveness of available vaccines.

The emergence of the variant has already roiled financial markets and led many nations to impose travel restrictions. Sajid Javid, the U.K.’s health minister is saying the new variant “is of huge international concern.” In the United States, Dr. Anthony Fauci calling news about the variant “a red flag.” Here’s what you need to know:

What’s the New Variant Called?

The World Health Organization on Friday met about the new strain and named it the “omicron variant,” keeping with the greek letter system that gave us the “delta variant” earlier this year. Previously, it had been known as the “the South African variant” because it was first identified in that country and is spreading actively there.

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Why Is the New Variant So Concerning?

The variant appears to have at least 50 mutations, including as many as 10 on the spike protein that plays a key role in the virus’ ability to enter human cells. Andy Slavitt, who served as the Biden administration’s Senior Advisor for Covid Response, tweets that the new variant’s “mutation profile” is driving concerns among scientists that “neither prior immunity nor a vaccine will be effective — or as effective— at preventing spread & infection.”

Is It More Contagious?

It’s hard to discern whether it’s more contagious than others, but the evidence suggest the new variant is highly contagious. Tulio de Oliveira directs the Centre for Epidemic Response & Innovation in South Africa. He calls B.1.1.529 a “variant of great concern” and tweeted yesterday that: “B.1.1.529 seems to spread very quick!” noting that the variant now “dominates all infections following a devastating Delta wave in South Africa.”

Has the Variant Spread Outside of South Africa?

Yes. The variant has already been detected in neighboring Botswana as well as in Israel, Belgium, and Hong Kong. The variant was detected in several travelers, either during routine pre-journey testing or post-arrival quarantine. Of concern, several of the travelers were fully vaccinated.

How Are Countries Responding?

The European Union has blocked fights from South Africa in an attempt to slow the variant’s spread. Global markets are down nearly two percent in Friday trading.

When Will We Know More?

According to Slavitt, the world will have to live with uncertainty for a while: “It will take 2 weeks or so to test in a lab whether the mRNA vaccines are effective,” he tweets, “and if so, how effective they are.”

What’s the Worst Case Scenario?

If the new variant is found to evade the current vaccines, the shots may have to be re-engineered. Slavitt tweets that both Pfizer and Moderna can likely come up with new vaccine formulations in as little as 100 days — but that bottlenecks in approvals, manufacturing and distribution mean targeted new drugs would likely not be available until next summer.

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