The vaccine, developed by biotechnology company Moderna, is effective in 94.5% of cases. This result was shown by the intermediate results of the third phase of clinical trials, the company said. On this news, Moderna shares went up.
In the pre-market, the company’s quoting rose by more than 18%, rising above $ 105 per share. For the company, this cost of quotations is an absolute maximum. Moderna has not traded above $ 100 apiece since its launch.
According to the company, testing of the vaccine was conducted with the participation of 30 thousand people. Of these, only 95 subjects became infected with coronavirus. At the same time, 90 cases occurred in the group that took placebo. Thus, of those who received the vaccine, only five became ill, and the disease was mild for all five people.
A week ago, the news about the success of its own vaccine was shared by the pharmaceutical giant Pfizer. According to the company, they are developing the vaccine together with the German BioNTech, and it shows an efficiency of 90%.
The results in both companies are still preliminary. If further research shows that their vaccines are safe, then both Moderna and Pfizer will request permission for its use in emergencies from the US Food and Drug Administration, writes Bloomberg. In a statement, Moderna said it could receive approval from regulators in the coming weeks.
A key advantage of Moderna is that it does not require storage at very low temperatures, unlike Pfizer. Moderna expects that the vaccine can be stored for 30 days at a standard temperature of + 2-8 °C and 60 days at -20 °C.
Companies that have suffered the most from the pandemic have responded positively to the news of the Moderna vaccine. For example, shares of Delta Air Lines are growing in the premarket by 5.5%, Boeing – by 4%.
The first batch of Pfizer coronavirus vaccine has been delivered to Israel. This was reported by The Jerusalem Post on Wednesday, December 9. “A DHL flight from Brussels carried more than 100,000 doses of the newly created vaccine and landed at Ben Gurion Airport in Tel Aviv around 9 a.m.,” the statement said. The doses […]
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The mRNA-1273 vaccine from the American company Moderna will be tested on three thousand children in six US states. CNN reported this on Wednesday, December 2. “Moderna has started inviting children over the age of 12 to try the vaccine” the statement said. It is noted that the study will involve volunteers aged 12-18 from […]
The American company Pfizer and the German BioNTech have applied to the European Medicines Agency for registration of their coronavirus vaccine. The announcement was published on the BioNTech website. “On Monday, November 30, Pfizer and BioNTech filed a formal application with the European Medicines Agency for a conditional authorization to use their COVID-19 candidate vaccine […]
Following the third phase of trials of its COVID-19 coronavirus vaccine, Moderna said the drug was generally well tolerated and no serious health problems were identified. According to the company, the effectiveness of its vaccine reaches 94.1%, and 100% for preventing severe coronavirus cases. Previously, the manufacturer estimated the effectiveness of its drug at 94.5%. […]
The British government hopes that in the coming weeks the relevant authorities of the country will register two vaccines against coronavirus. Boris Johnson, the Prime Minister announced it in an interview with Sky News on Monday, November 30. “So far, no vaccine has been approved for use by the Medicines and Medical Devices Agency. However, […]
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