16 November, 2020

Second COVID-19 vaccine found to be 95% effective


Biotech company Moderna has announced that, according to preliminary data, its COVID-19 vaccine is 94.5 per cent effective at preventing the disease.

On Monday, Moderna said the results were found following an analysis of its clinical trial of the vaccine.

“This positive interim analysis from our Phase 3 study has given us the first clinical validation that our vaccine can prevent COVID-19 disease, including severe disease,” said Stephane Bancel, Moderna’s CEO, according to several reports.

Last week, the world rejoiced at the news that Pfizer reported an effectiveness rate of 90 per cent at preventing the disease. It is working on the COVID-19 vaccine with BioNTech.

Moderna’s trial involves 30,000 test subjects, half of which were given two doses of the experimental vaccine, two weeks apart. The remaining half were given a placebo.

The company then analysed the first 95 people among those test subjects who reported they were COVID-19 positive. Of the 95, 90 came from the half who received a placebo, while only five cases were among those who received the vaccine.

While the results have elicited hope that the world can see the back of COVID-19, like in the Pfizer trial, the data is still considered preliminary and a number of questions remain.

All News

View All

12 June, 2024

Malta Business Bureau Congratulates Newly Elected MEPs...

...

Learn More
24 May, 2024

Only 36% of local family businesses base their decisions on research a...

...

Learn More
11 May, 2024

The Malta Chamber acknowledges Deputy Prime Minister Chris Fearne's Re...

...

Learn More
08 May, 2024

Employer Bodies Call for an Urgent MCESD Meeting...

...

Learn More

All News

View All

Chamber News

12 June, 2024

Malta Business Bureau Congratulates Newly Elected MEPs...

...

Learn More

Chamber News

28 May, 2024

Business session on labour & skills shortages highlights importanc...

...

Learn More

Chamber News

24 May, 2024

Only 36% of local family businesses base their decisions on research a...

...

Learn More

Chamber News

11 May, 2024

The Malta Chamber acknowledges Deputy Prime Minister Chris Fearne's Re...

...

Learn More

upcoming events

View All

Upcoming Events

19 June, 2024

Launch of The EU Business Hub - Japan and the Republic of Korea

...

Learn More

Upcoming Events

25 June, 2024

Secure your Green Future - Funding Opportunities for Sustainable Initiatives

...

Learn More

Upcoming Events

27 June, 2024

Empowerpreneur Workshop 3 - Achieving the Dream through the Team

...

Learn More

Upcoming Events

04 July, 2024

Virtual Q&A with Jobsplus (Session 1)

...

Learn More

upcoming events

View All

19 Jun
upcoming event 19 June, 2024, 10:00 AM

Launch of The EU Business Hub - Japan and the Republic of Korea

Learn More
25 Jun
upcoming event 25 June, 2024, 10:00 AM

Secure your Green Future - Funding Opportunities for Sustainable Initiatives

Learn More
27 Jun
upcoming event 27 June, 2024, 06:00 PM

Empowerpreneur Workshop 3 - Achieving the Dream through the Team

Learn More
04 Jul
upcoming event 04 July, 2024, 08:15 AM

Virtual Q&A with Jobsplus (Session 1)

Learn More
09 Jul
upcoming event 09 July, 2024, 08:15 AM

Virtual Q&A with Jobsplus (Session 2)

Learn More