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To: rimshot who wrote (163)11/16/2020 10:06:43 AM
From: rimshot  Respond to of 1118
 
Moderna Inc. said Monday that its COVID-19 vaccine candidate met its primary endpoint in a Phase 3 trial,
demonstrating 94.5% efficacy and requires only standard refrigeration ,
a far higher efficacy rate than originally expected

Cambridge, Mass.–based Moderna MRNA, 6.46% said it plans to submit
an emergency-use-authorization application with the U.S. Food and Drug Administration
for the vaccine, which is named mRNA-1273, in the coming weeks and expects
it to be based on the final analysis of 151 cases and a median follow-up of more than two months.

The FDA has said it would require a coronavirus vaccine to be at least 50% effective to win approval.
The Phase 3 trial enrolled more than 30,000 participants in the U.S. and is being conducted
with the National Institute of Allergy and Infectious Diseases, part of the National Institutes of Health,
and the Biomedical Advanced Research and Development Authority,
part of the Office of the Assistant Secretary for Preparedness and Response at the
U.S. Department of Health and Human Services.