Well, it’s complicated by definitions. We know that vaccines were never 100% effective against an infection even before delta arrived. In the trials of Pfizer Inc.-BioNTech SE and Moderna Inc. vaccines, for example, we saw efficacy over 90%, meaning very few people tested positive for the virus. What was critical, though, was that vaccinated people in these trials were 100% protected against severe disease or hospitalization. The delta variant, as we will discuss below, has some characteristics that give it a better chance of causing an infection, which means it escapes the initial shield provided by antibodies. But vaccinated people are still at a far lower risk of developing severe disease, or if they do, their symptoms resolve more quickly. However, let’s not be under any illusions — people will still die from Covid-19 even if they are vaccinated, but in far lower numbers than if they were not.