Shares of Moderna rose by almost 20% after news of the vaccine

News

Shares of Moderna rose by almost 20% after news of the vaccine

19.11.2020 News

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%.

Other articles

  • The first batch of Pfizer COVID vaccine has arrived in Israel
    News

    The first batch of Pfizer COVID vaccine has arrived in Israel

    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 […]

  • Pfizer will deliver half of the planned number of vaccines in 2020
    News

    Pfizer will deliver half of the planned number of vaccines in 2020

    Shares of Pfizer and BioNTech fell 1.74% and 2% (respectively) on Thursday amid news that companies will deliver half of their planned number of vaccines against COVID-19 in 2020. On November 20, Pfizer and its German partner BioNTech applied to the FDA (US Food and Drug Administration) for permission to use their vaccine in an […]

  • US pharmaceutical giant Pfizer will open a new hub in Greece
    News

    US pharmaceutical giant Pfizer will open a new hub in Greece

    American Pfizer is one of the world’s largest pharmaceutical companies. Greek government spokesman Stelios Petsas stated it’s expanding its presence in Greece, creating 600 workplaces. Pfizer’s chairman is Greek Albert Burla. In recent months, the company has been developing a vaccine against coronavirus. A company hub opens in Thessaloniki. “Greece is attracting big investment and […]

  • Moderna vaccine will be tested on teenagers
    News

    Moderna vaccine will be tested on teenagers

    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 […]

  • Pfizer and BioNTech have applied for registration of the COVID-19 vaccine in Europe
    News

    Pfizer and BioNTech have applied for registration of the COVID-19 vaccine in Europe

    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 […]

  • Moderna has reported 100% efficiency of the vaccine against severe cases of COVID-19
    News

    Moderna has reported 100% efficiency of the vaccine against severe cases of COVID-19

    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%. […]

  • Britain intends to start vaccination against coronavirus in December
    News

    Britain intends to start vaccination against coronavirus in December

    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, […]

  • The Nikkei index has become the highest since 1991
    News

    The Nikkei index has become the highest since 1991

    Trading on Asia’s largest stock exchange on Asia on Tuesday opened another rise amid the continuing strengthening of indices in New York. This is evidenced by the data of stock trading on the website of the Tokyo Stock Exchange. The Nikkei index, which reflects fluctuations in the stock prices of 225 leading companies in the […]

Read also

Shares of Moderna rose by almost 20% after news of the vaccine
News

The Kernel agricultural holding has increased its sales by oil refining at third-party plants

The largest producer of oil Kernel increased its sales of sunflower oil for 7%, grain – felled  by 6% in the II quarter of the 2016 fiscal year.  Kernel, one of the largest Ukrainian agricultural groups, in the second quarter of fiscal year 2016, which began in July 2015, reduced its grain sales by 6% […]

Next
Shares of Moderna rose by almost 20% after news of the vaccine
News

Wizz Air can expand flights to Ukraine

The Hungarian-Polish low-cost airline has decided to return to the Ukrainian market. The Loukost Wizz Air is seriously considering the possibility of expanding its presence in the Ukrainian market. This was told by the CEO of the airline Jozsef Varadi in an interview to the  Polish portal fly4free.pl. “We see that the situation in Ukraine […]

Next
Shares of Moderna rose by almost 20% after news of the vaccine
News

Oracle is negotiating about buying TikTok

Newspaper Financial Times found that IT-Oracle Corporation wants to buy Chinese video service TikTok. About this edition with reference to sources wrote on August 18. Official information about negotiations in ByteDance (it owns TikTok), nor Oracle did not comment. According to sources of FT, the company also is negotiating with investors who own shares in […]

Next
Shares of Moderna rose by almost 20% after news of the vaccine
News

Merry Christmas!

Editorial office of the analytical business periodical LDaily congratulates readers and colleagues. Let this family winter holiday will bring warmth to your home, give the happiness and well-being to your family and loved ones. From the whole team of our magazine we wish you to leave behind all the troubles and sorrows. Start the year […]

Next
Shares of Moderna rose by almost 20% after news of the vaccine
News

PayPal has expanded its cryptocurrency service to all US users

PayPal Holdings has fulfilled its promise made last month by making its PayPal Cryptocurrency application available to all registered users in the United States. On October 21, the service was launched in test mode for a limited number of users. Commenting on the November 2 financial report, PayPal CEO Dan Shulman said that only 10% […]

Next
Shares of Moderna rose by almost 20% after news of the vaccine
News

State Service of Ukraine on Medicinal Products withdrew a batch of Pfizer’s hormonal drugs

The “Genotropin” drug, series MO5229, is forbidden to realization, storage  and using according to the information received by The State Service of Ukraine on Medicinal Products from the regulatory body field of quality control of medicines in Denmark. The State Service of Ukraine on Medicinal Products published on its website the Order ?577-2.0.1 / 2.0 / […]

Next
Shares of Moderna rose by almost 20% after news of the vaccine
News

Alibaba invests in the largest hypermarket operator in China

The largest Chinese Internet company Alibaba Group Holding Ltd. will acquire from Auchan Retail International shares of the largest Chinese hypermarket operator Sun Art Retail Group for $ 3.6 billion, according to the press release from Alibaba. “Alibaba is investing $ 28 billion ($ 3.6 billion) to acquire … 70.94% of Auchan Retail’s stake in […]

Next
Shares of Moderna rose by almost 20% after news of the vaccine
News

TikTok has sued the Trump administration due to the ban on activities in the United States

TikTok and one of its employees sued the administration of US President Donald Trump on Monday, because of his decree of a banning video service transactions in the United States, calling it a reason to incite anti-Chinese rhetoric as he seeks to win the election. TikTok Company of Culver City, California, and its Chinese parent […]

Next
Shares of Moderna rose by almost 20% after news of the vaccine
News

Wells Fargo Reported Worse-than-expected Losses and Reduced Dividend

Today Wells Fargo, the fourth-largest U.S. bank, reported record losses of $2.4 billion in the second quarter, which was even worse than the bank management and Wall Street analysts expected. For the three months by June 30, Wells Fargo’s loss was $0.66. This is $0.46 worse than analysts’ forecast of $0.20 loss per share. One […]

Next
Shares of Moderna rose by almost 20% after news of the vaccine
News

Foxtrot rebranded TM Bravis

The network “Foxtrot” noted that the logo of the Bravis trademark must match the level of the top brands in consumer electronics, for increased demand among consumers. Such  decision was taken to increase the competitiveness of domestic producers of electronics. In such a way the company decided to make changes and update the Bravis brand, […]

Next
Shares of Moderna rose by almost 20% after news of the vaccine
News

Visa will start making payments in cryptocurrency

The Visa payment system will allow the use of the USD Coin stablecoin for settlements in its network, the company said in a press release. The payment system has launched a pilot project in conjunction with the cryptocurrency platform Crypto.com and plans to offer the opportunity to conduct transactions with this cryptocurrency to partners in […]

Next
Shares of Moderna rose by almost 20% after news of the vaccine
News

Eli Lilly and Regeneron have requested the permission for the emergency use of drugs from COVID-19

Eli Lilly and Regeneron have applied to the Food and Drug Administration (FDA) for the permission to use emergency coronavirus drugs. Eli Lilly conducted clinical trials with the placebo group, as a result of which the drug has proven its antiviral action. Regeneron did not provide the research data, but the company’s drug was widely […]

Next
Shares of Moderna rose by almost 20% after news of the vaccine
News

Prada restructures business because of low sales

The famous Italian fashion house Prada has decided to make adjustments  of the management of its business  because of the fact that the company’s sales began to fall. General Director of Prada Patrizio Bertelli  is going to re-equip production and hold a business restructuring. At the end of 2013 the company’s revenues declined, while management […]

Next
Shares of Moderna rose by almost 20% after news of the vaccine
News

The Court upends in the dispute of owners of the Sky Mall shopping center

The London Court of International Arbitration upends  the long-term dispute between the Arricano Real Estate and Stockman Interhold in respect of ownership of the Sky Mall shopping center. For a long time the conflict over the asset has been one of the most high-profile cases and negative in the sphere of development of Ukraine. May […]

Next
Shares of Moderna rose by almost 20% after news of the vaccine
News

Christmas toys from Ukraine sold for $ 4,5mln

Within 10 months of last year, Ukraine had supplied toy glass products (90.6%) in 25 countries, including most EU countries, amounting to $ 4,5mln. It is reported on the Facebook page of  Natalia Mykolska – Deputy Minister of Economic Development and Trade of Ukraine. On the EU market it has sold 62.3% of Christmas decorations. […]

Next
Shares of Moderna rose by almost 20% after news of the vaccine
News

Shares of Zoom and other IT companies crashed on news of successful testing of the vaccine from COVID-19

Shares of Zoom and other companies, which rose amid the pandemic and lockdown, fell in trading on Monday. The reason was the announcement of two biotechnology companies about the successful testing of a promising vaccine, writes CNBC. Shares of the Zoom video conferencing service fell 17.4% by the end of the trading day. Amazon and […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com