The Wall Street Journal - 21.03.2020 - 22.03.2020

(Joyce) #1

THE WALL STREET JOURNAL. **** Saturday/Sunday, March 21 - 22, 2020 |A


wrote there’s “a great deal of ruin in
a nation.” Especially a very great and
prosperous one with a brilliant sys-
tem and a creative citizenry.
And see this: We are surrounded
by nobility.
Mike Luckovich had a cartoon this
week of the Marines raising the flag
on Iwo Jima. Only it wasn’t Ma-
rines—it was a doctor, a scientist, a
nurse and a first responder anchor-
ing Old Glory in this rocky soil. It
was hokey and beautiful and true. In
the next few weeks and months
they’ll get us through and we should
thank them every way possible. That
includes everyone who can’t work at
home, the cops and firefighters, the
garbagemen and truckers, the people
who stock the shelves and man the
counters. A nurse told me Thursday
that hospital workers all see them-
selves as sitting ducks for infection,
but no one’s calling in sick. A jour-
nalist friend said maybe this will re-
order things and we’ll start to pay
people according to their real impor-
tance to society.
A personal note. As this is written
I have been sick for two weeks. It
started when I was finishing a column

on Rep. Jim Clyburn—I got a chill and
noticed the notepad on my knee was
warm. The next night more chills,
took my temperature: 101.
It may be a poorly timed ordinary
virus, one of the dozen floating out
there in America on any given day, or
it may be the more interesting one.
But everything you’ve heard about
the difficulty of getting a test is true.
“There are none,” said my doctor. If
he sent me to the emergency room, I
wouldn’t meet their criteria. You can
have every symptom, but if you an-
swer no to two questions, you won’t
be tested. The questions are: Have
you traveled internationally? Have
you recently been in contact with
someone who tested positive?
My doctor instructed me to go
home, self-quarantine, rest, report
back. A week in, the fever spiked up,
the headaches were joined by a
cough and sore throat, and I called
the local government number, where
they couldn’t connect me to anyone
who could help.
Everyone I dealt with was com-
passionate and overwhelmed. On
day 12 my doctor got word of test-
ing available at an urgent-care

T


his is a quick piece that
touches on where we are,
where we may be going,
and an attitude for the
journey.
The screenwriter Lawrence Kas-
dan once said the films of Akira Ku-
rosawa were distinguished by this
dynamic: The villain has arrived
while the hero is evolving. That’s
what made his films great, the
sense of an implacable bad guy en-
countering a good guy who is alive,
capable of changing, who is in fact
changing because of and in order to
beat back the bad guy and make
things safe again.


The villain is here in the form of
an illness. A lot of the heroes of this
story are evolving every day into
something we’ll look back on months
and years hence and say, “Wow,
LOOK what she did.” “What guts that
guy showed.” People are going to
pull from themselves things they
didn’t know were there.
But now, at this stage in the
drama, most of the heroes are also
busyabsorbing.Weareallofusev-
ery day trying to absorb the new re-
ality, give it time to settle into us.
It’s all so big. We are discovering
the illness as we experience it. We
don’t know its secrets, how long it
lasts, how long its incubation,


Everyone is thinking


through the reality of the


coronavirus pandemic and


how to rise to the occasion.


We Need Time to Absorb All This


whether you can be reinfected.
As for the economics: As the
month began we had functional full
employment. By the time it ends we
will not, not at all. In the past week
layoffs and let-gos have left state un-
employment claim websites crashing.
This is not “normal job disruption”;
it is a cascade. The Treasury secre-
tary reportedly said unemployment
could hit 20%.
The market gains of the Trump
era have been all but wiped out. In-
vestors are sellinggold.From this
paper’s editorial Thursday: “Ameri-
can commerce is shutting down right
before our eyes with no end in
sight.” Flights are empty, hotel occu-
pancy plummeting.
Where we are is a hard, bad place,
stupid to deny it. Where we’re going
looks to be difficult.
It’s a cliché to say we haven’t ever
had a moment like this (a plague, a
crash), but it’s true. As for New York,
twice in 20 years we’ve been ground
zero, epicenter of a national tragedy.
Will we get through it? Of course.
But it will change things, and change
us, as 9/11 did.
The governmental instinct is
right: stabilize things while every-
one’s absorbing. Whatever is done
will probably be an unholy mess. Do
it anyway and see where we are. In
the long term the best plan—the only
plan—is one that attempts to keep
people in their jobs. Meaning look to
European models on how to help
businesses hold on to their people.
There are a million warnings out
there on a million serious things. We
add one: Everything works—and will
continue to work—as long as we
have electricity. It’s what keeps the
lights on, the oxygen flowing, the in-
formation going. Everything is the
grid, the grid, the grid.
A general attitude for difficult
times? Trust in God first and always.
Talk to him.
Every time America’s in trouble I
remember Adam Smith’s words. He

storefront on First Avenue. When I
called I was connected to a woman
in Long Island. She asked for my
symptoms. Then: Have you traveled
internationally? Have you had re-
cent contact with anyone who’s in-
fected? No and no. She said, “It’s
OK, I’m sure they’ll accept you.” I
could hear her click “send.” She
paused and said, “I’m so sorry, you
don’t meet the criteria.” By now we
had made friends, and she was dis-
appointed for me.
I said, “Let’s think together.
Twelve days sick, almost all the
symptoms, part of an endangered de-
mographic.” Silence. Then a brain-
storm. At this point Ihaveknown a
person who’s tested positive; I saw
him a while back; no one has defined
“recently” because no one knows the
incubation period.
I said: Can we do the interview
again? She said, “Let’s go.”
She went down the list of ques-
tions, and when she said, “Have you
recently had contact.. .,” I said, “I
believe I can say yes.”
She said, “Allright.” Silence as I
listened to her tap the keys. “You
meet the criteria,” she said, with the
sweetest excitement.
And so Tuesday night I made my
way (mask, gloves) to the urgent-
care storefront, where I was tested
by a garrulous physician’s assistant
who said his office, or New York
health authorities, or the Centers for
Disease Control and Prevention, will
get back to me with results in three
to seven days. (Yikes.)
At this point I suppose it’s aca-
demic. If it’s positive, they’ll tell me
to continue what I’m doing. But if
hospitalized it would save time—pre-
sumably I wouldn’t have to be tested
again. Also it would be nice to think
I wasn’t just home sick, I was home
developing fighting Irish antibodies
spoiling for a fight.
I just want to get out and help in
some way. Isn’t that what you feel?
We all just want to pitch in.

A sign of the times in the Brooklyn borough of New York City on Friday.

ANDREW KELLY/REUTERS

DECLARATIONS
By Peggy Noonan

OPINION


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The History of Pfizer and Penicillin, and Lessons for Coronavirus


O


ften lost in election-cycle di-
atribes against Big Pharma—
which come from all sides—
is the power of industry to come
together in times of crisis and save
lives.
Stories of battlefield heroism
during World War II are well
known. Lesser known, but relevant
for today’s fight against the novel
coronavirus, is the story of Pfizer’s
Jasper Kane and John McKeen.
Kane and McKeen pioneered the
mass production of penicillin. Their
breakthrough, together with others
made by scientists and engineers at
the nation’s industrial labs, helped
reduce the death rate from diseases
in the U.S. military to 0.6 per 1,
in World War II from 14.1 per 1,
in World War I. That 96% reduction
translated into 200,000 lives
spared.
There are lessons for today.
First, calls by political candidates
to make future Covid-19 vaccines
free run contrary to the national
interest. Low prices for vaccines
and anti-infectives have clipped
revenue for startups and led many
to file for bankruptcy. Investment
has plummeted, leaving the U.S. un-
prepared to fight off bad bugs.
In times of crisis, however,
American industry has shown a
willingness to invest, as biopharma-
ceutical companies around the
country are doing today. In the
1930s, Pfizer was a small Brooklyn-
based chemical company known
mostly for making vitamins and the
citric acid used in Coca-Cola. In Oc-
tober 1941, President Franklin D.
Roosevelt convened academic and
industry leaders, including Jasper
Kane, in Washington. Their charge:
Solve the penicillin production
problem.
Alexander Fleming’s discovery
in 1928 that a penicillin mold
killed bacteria lay dormant for a
decade because he couldn’t isolate
the active ingredient and make
enough of it for testing. In 1939 a


group led by Howard Florey at Ox-
ford University revived Fleming’s
work with some spectacular evi-
dence: The first person to receive
penicillin, an Oxford policeman
with a serious infection, recovered
in 24 hours. But Florey’s supply
ran out, and the policeman died a
few weeks later.
The U.S. supply was similarly
limited. In March 1942, half the na-
tion’s stock was used to treat a sin-
gle patient suffering from blood
poisoning. Kane and McKeen came
up with the idea of using deep-tank
fermentation to make bulk penicil-
lin, a process they had used for cit-
ric acid.
Working out of an old ice factory
near Pfizer’s offices in the Wil-
liamsburg neighborhood, they built
a commercial-grade manufacturing
plant in four months. A year later,
every Allied soldier who landed on
the beaches of Normandy on D-Day
carried the antibiotic in a penicil-
lin-injection kit. Nearly all of it
came from Pfizer.
The lesson for industry is that

civic duty comes first, rewards
come second. Based on its success
with penicillin, Pfizer transformed
from manufacturing vitamins to de-
veloping new therapeutic drugs.
That path led to its global expan-
sion and forms the core of its $
billion business today.

Modern scientists have tools
that were inconceivable years ago.
The novel coronavirus’s DNA was
sequenced within weeks. Companies
are moving at blazing speed to de-
velop new vaccines. Philanthropists
are funding therapeutic accelera-
tors. This is all reason for opti-
mism. Public-private partnerships
have the potential to save lives and
reduce damage to the economy.

What’s missing? A strong scien-
tific leader in Washington who can
clear the hurdles scientists and
companies will face in developing
a Covid-19 treatment or vaccine.
That effort must be spearheaded
by a person—a “scientist gen-
eral”—who is respected by both
academia and industry and experi-
enced in working with, rather than
against, Washington.
There’s a precedent. In June
1940, the former dean of engineer-
ing at the Massachusetts Institute
of Technology talked his way into a
meeting with President Roosevelt.
It took FDR only 10 minutes to de-
cide to give Vannevar Bush the au-
thority to unite scientists from in-
dustry, academia and federal
agencies in a singular push to pre-
pare the nation for war. The re-
sults: microwave radar, jet-powered
aircraft, long-range radio naviga-
tion (forerunner of the Global Posi-
tioning System), blood-plasma
transfusion, the antimalarial drug
chloroquine and penicillin. Bush
brought together Pfizer, Howard

Florey and ultimately more than
300 labs and 6,000 scientists to
win a race against time with mil-
lions of lives at stake.
A handful of scientific leaders
today seem to have been born to
play a similar role. Biologist Eric
Lander is a mathematician and ge-
neticist who is president of the
Broad Institute of MIT and former
co-chairman of the President’s
Council of Science Advisers under
President Obama. Sue Hellman is a
former head of research at Genen-
tech and president of the Gates
Foundation. Either would do justice
to Vannevar Bush’s legacy.
Whomever the president ap-
points, the need for a strong scien-
tist general is urgent. The clock is
ticking, and millions of lives are
again at stake.

Mr. Bahcall is a physicist, a for-
mer biotech CEO and author of
“Loonshots: How to Nurture the
Crazy Ideas That Win Wars, Cure
Diseases, and Transform Indus-
tries.”

By Safi Bahcall


A ‘scientist general’ to
coordinate private and
public efforts can lead
the medical response.

What Victory Looks Like in the Coronavirus War


A telling moment
came on CNBC
Thursday. A host
gently shushed the
learned Jim Grant,
editor of Grant’s
Interest Rate Ob-
server, saying dis-
cussion of trade-
offs was not
encouraged.
On TV, deliver-
ing up unpleasant choices is bad for
the brand. Unfortunately policy dis-
cussion is about trade-offs, espe-
cially in the hardest of circum-
stances. Fortunately, the dam would
break on CNBC a day later, thanks in
part to an editorial in this paper.
In our coronavirus quandary, the
cure may not only be worse than
the disease. The cure is likely no

cure at all. We might hold off an ex-
pected surge in coronavirus cases
for two or three weeks with the
kind of extraordinarily destructive
economic lockdowns seen in Califor-
nia, New York and elsewhere. But
unless warmer weather is coming to
our rescue, Americans probably
won’t accept the social devastation
that would be inflicted by a five-
month or 18-month campaign of vi-
rus suppression of the sort pro-
moted, variously, by the U.K.’s
Imperial College London, Germany’s
Robert Koch Institute and other
public-health think tanks.
Mandatory social distancing
might well break down. (Look for
speakeasies to re-emerge in New
York and other shut-in cities.) The
government might well face a
choice of coercion or seeing its au-
thority collapse. I’m not being
alarmist.
This is a lesson the World
Health Organization’s Bruce Ayl-
ward brought back from Wuhan.
People with flulike symptoms had
to be isolated in dormitories, hos-
pitals and stadiums. Asking them
to self-isolate voluntarily didn’t
work. “After a couple of days peo-
ple get bored, go out for a walk
and go shopping and get other
people infected.”
And he was talking about people
who knew they were sick. We would
be asking apparently healthy Ameri-
cans to surrender much of what
makes life interesting and meaning-
ful for an indefinite period.
Bad decision making, as shown in
research, often begins with reduc-
ing a complex problem to the single
variable with the biggest emotional
wallop. That’s what’s happening
here. All of us sense the oppro-
brium and disgrace that would de-

scend on our elites if Italy-like
scenes of a health-care system
meltdown played out on our TVs.
But we may get the bad result any-
way and worse if we overtax the
willingness of Americans to isolate
themselves indefinitely.
We also may be underestimating
their ability to adopt effective vol-
untary distancing even as they pro-
ceed with their economic lives. Each
of us knows our own situation in a
way no top-down directive can. This
is a virtue to leverage.

I respect those experts who say
we should suppress the virus until a
vaccine arrives in 18 months or two
years even at the cost of a global
depression. Their job is to save
lives, while the larger trade-offs are
the province of voters and elected
officials.
When experts predict that 70% of
people will get the virus, they are
estimating at what point the virus
no longer finds enough uninfected
people to sustain its transmission in
aworld where behavioral change is
not restricting its access to fresh
hosts.
The epidemic stops. People who
aren’t yet infected but susceptible
are spared (at least this time). We
can make this work for us. We want
three curves: a flattened curve for
the elderly, a steeper one for the
young, and a third curve showing
the virus’s infectivity being reduced

by isolating those who test positive
and by encouraging everybody else
to take care with their sneezes,
hand-washing, etc.
Inconveniently for my argument,
the U.K., a pioneer of such thinking,
is now shifting to an accept-a-de-
pression-and-wait-for-a-vaccine ap-
proach. The medical experts and
their priorities are hard to resist.
Resisting their wisdom doesn’t come
naturally in such a situation.
Happily, I have confidence in the
American people to let their leaders
know when the mandatory shut-
downs no longer are doing it for
them. Strange to say, I have confi-
dence in our political class to sense
where the social fulcrum lies. A
reader emails that Donald Trump
could declare victory at the end of
15 days, say the blow on the health-
care system has been cushioned,
and urge Americans, super-
cautiously, to resume normal life.
This idea sounds better than wait-
ing for spontaneous mass defections
from the ambitions of the epidemi-
ologists to undermine the authority
of the government.
Because—make no mistake—
there are things worse than the cor-
onavirus. You think our politics are
irrational now? You haven’t seen
anything. The 1918 flu was far
worse medically than what we’re
about to experience, slaughtering
even young people with strong im-
mune systems. Yet we can end up a
far more damaged society as a re-
sult of the 2020 coronavirus. The
America of 1918 won a world war
and launched technological and
commercial revolutions that created
the modern world. We may not be
saying anything as flattering about
the America of 2020 if we handle
this badly.

We can try to stop time
until a vaccine is ready,
but the result might be
identical to defeat.

BUSINESS
WORLD
By Holman W.
Jenkins, Jr.

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