A working coronavirus vaccine finally looks in sight. Following an announcement from Pfizer/BioNTech which showed their large-scale trials of the vaccine was 90% effective.
The high percentage of effectiveness is even more compelling given regulators said they would approve a vaccine if it were just 50% effective. 90% effectiveness puts it beyond expectations and gives the world a strong glimmer of hope in its fight against coronavirus.
The company also said there were no serious side-effects detected with the vaccine.
Dr Albert Bourla, Pfizer chairman and CEO said:
Today is a great day for science and humanity. The first set of results from our phase 3 Covid-19 vaccine trial provides the initial evidence of our vaccine’s ability to prevent Covid-19.
We are reaching this critical milestone in our vaccine development program at a time when the world needs it most with infection rates setting new records, hospitals nearing over-capacity and economies struggling to reopen
The phase 3 trials of the vaccine have involved more than 43,000 people. The findings of the trials will no doubt excite public health officials and politicians alike and puts a potential end of the Covid-19 pandemic on the horizon.
Pfizer has plans to manufacture 100 million of these vaccines this year and 1.3 billion by the end 2021.
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