Moderna’s experimental coronavirus vaccine was highly effective at preventing COVID-19, the Massachusetts biotech company said on Monday.
The vaccine was shown to be 94.5% effective in a preliminary analysis.
The announcement closely follows similar news from a rival vaccine program by Pfizer and BioNTech, which touted late-stage success a week ago.
The impact from these scientific successes won’t be immediate. Both vaccine candidates still need to secure regulatory approval, and initial supply will be extremely limited.
20 million Americans could receive a coronavirus vaccine in December, the top scientist involved in the US government's vaccine initiative said Friday.
Moncef Slaoui said 25 million to 30 million Americans could be immunized each month after that.
Jack Stoddard joined primary-care startup Eden Health as its executive chairman.
Before Eden, Stoddard served as the chief operating officer at Haven, the joint health venture created by JPMorgan, Berkshire Hathaway, and Amazon, and he was previously a top exec at the care navigation company Accolade.