Story at a glance
- Morgan Stanley’s biotechnology analyst Matthew Harrison says 150,000 daily new cases are possible if the country does not get control of the virus.
- The prediction comes as the coronavirus has infected an average of 66,805 people per day in the U.S. over the past week, according to CNBC.
- Anthony Fauci, the nation’s top infectious disease expert, said Wednesday he doesn’t think COVID-19 will ever be fully eradicated but said it can be controlled.
As the United States surpasses 4 million confirmed coronavirus cases today and has recorded more than 143,000 deaths, the nation could reach 150,000 daily infections by fall, according to a Morgan Stanley biotechnology analyst.
“We update our scenarios to account for the higher sustained infection rate,” Morgan Stanley biotechnology analyst Matthew Harrison said Thursday according to CNBC.
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“Our bull [most optimistic] case reflects similar virus control to Europe while our base [most likely] case assumes a near-term plateau followed by increased spread in the fall. [About] 150,000 daily new cases are possible without better control of the virus,” Harrison projects.
While Harrison previously projected a second coronavirus wave in the fall with daily cases totaling 50,000, he adjusted his projection as outbreaks continue to worsen in states such as Florida, Texas, California and Arizona.
“Our assumption of a growing reproduction number, and consequently increasing daily cases, throughout the rest of the year is based on the fact that traditionally the spread of viruses is elevated in the fall compared to the summer primarily due to more people in enclosed spaces,” Harrison said according to CNBC.
The prediction comes as the coronavirus has infected an average of 66,805 people per day in the U.S. over the past week, according to CNBC. The U.S. reported a single-day record of 75,600 new cases last week.
On Wednesday, more than 1,100 new coronavirus deaths were reported across the U.S. for the first time since May. Texas alone reported a state-record of 197 new deaths.
Anthony Fauci, the nation’s top infectious disease expert, said Wednesday he doesn’t think COVID-19 will ever be fully eradicated but said it can be controlled.
“I don’t see this disappearing the way SARS 1 did,” Fauci during a livestreamed event.
“It is so efficient in its ability to transmit from human to human that I think we ultimately will get control of it. I don’t see us eradicating it,” Fauci said.
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