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Business Nov 17, 2020
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Here’s what’s happening with the coronavirus in California and beyond. You may occasionally receive promotional content from the Los Angeles Times. Folks, let’s start off your week of coronavirus news on a good note: Initial data on the COVID-19 vaccine developed by Moderna shows that it appears to be 94.5% effective in a major clinical trial.
That announcement follows similar news last week from drug giant Pfizer, which said its experimental vaccine looks to be 90% effective. Both companies are on track to seek authorization for emergency use in the United States within a matter of weeks. “That should give us all hope that actually a vaccine is going to be able to stop this pandemic and hopefully get us back to our lives,” said Moderna president Dr. Stephen Hoge.
The fact that two companies are seeing similarly successful results so far is a “really important milestone,” he added. Indeed, it will take more than one company to meet the demand for COVID-19 vaccines. Coronavirus cases passed 11 million in the U.S. over the weekend, with 1 million of them logged in just the last week . More […]
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