SoftBank says it has tested 44,000 people for Covid-19 antibodies in Japan

SoftBank says it has tested 44,000 people for Covid-19 antibodies in Japan

To fight someone else possible “We need several tests to ensure the safety of the waves, our employees and the community, so we can find an exit strategy as quickly as possible,” SoftBank founder and CEO Masayoshi said during the live event last Tuesday. He warned that a vaccine for the virus may not be mass produced until “mid of next year.”

SoftBank (SFTBY) In a statement Tuesday, he tested that 191 of 44,066 people tested for Covid-19 antibodies were positive. Among SoftBank employees, only 0.04% of employees working in SoftBank’s mobile operator retail stores were tested positively, a series of Recent was surprising. The rate of positive tests among people working in the Japanese firm’s office and call centers was slightly higher, if not much: about 0.2% and 0.4% respectively.
Son said that he decided to use antibody tests because it could be done safely, broadly and quickly. But some experts note that there are still so many unknown about the accuracy of the available antibody tests and the nature of the virus itself.

Currently, dozens of tests are being used or developed in the U.S., For example, few are quite correct. This means that they are unable to detect an active virus and thus can give a false sense of security.

In China, a study % Of diagnostic tests found that the number of false negatives given was about 40%.
Other experts have warned that relying on antibody tests can cause new problems, including people trying to discriminate at work or intentionally become infected, so they can return to work earlier. A doctor worries about CNN “Playing Russian roulette. “
Still, other Japanese companies said they would offer an antibody test when they reopen. The gym operator, Rizap, said he would offer 6,500 free tests to employees, trainers and gym members. And Suntory (STBFY) CEO Takeshi Niinami told CNN that more antibody tests are needed to ensure that people are safe to continue working.
Meanwhile, his son has been worried about the coronavirus pandemic for months. Japanese billionaire ended years of silence on Twitter in early March with a shipment “It’s been a long time since I tweeted. I am concerned about the condition of the new coronavirus.”
Payment doubled for SoftBank Vision Fund boss when company reported record losses

Until then, the outbreak was already hurting the Son’s business. The collapse in travel and lockout restrictions around the world were disastrous for many initiatives backed by the $ 100 billion Vision Fund. The fund has suffered around $ 18 billion in operating losses for the fiscal year ending in March and led SoftBank to its worst annual loss to date.

The pandemic has hardened the Japanese economy as the country began to lock up to prevent the spread of the disease. Japanese government prepared a stimulus package It is worth 234 trillion yen ($ 2.2 trillion) – an astonishing amount, accounting for almost 40% of the annual output of the world’s third-largest economy.
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