Moderna to ask the FDA to greenlight its coronavirus vaccine
Source: Washington Post
Biotechnology company Moderna, one of the leaders in the race for a coronavirus vaccine, announced it would file Monday for regulatory clearance a critical milestone that brings the United States a step closer to having two coronavirus vaccines before the end of the year.
Modernas vaccine was 94 percent effective at preventing illness in a 30,000-person clinical trial, the company said a performance that exceeds expectations and is on par with the best childhood vaccines. All 30 cases of severe covid-19, the illness caused by the virus, were in a group that received a placebo.
The application will arrive as public health experts gird for a blitz of coronavirus cases seeded by holiday travels and gatherings a surge coming so soon that no vaccine can blunt it. But Modernas filing marks the fourth Monday in a row with good news about the vaccine effort and means the United States could have enough vaccine to treat 20 million people by years end, between doses of Modernas vaccine and those of another candidate that is about a week ahead from Pfizer and German firm BioNTech. The Food and Drug Administration could authorize the vaccines for emergency use by mid- to late December.
You dont want to get ahead of yourself and claim any victories, but this has the makings of a very, very important positive impact on ending this outbreak, said Anthony S. Fauci, director of the National Institute of Allergy and Infectious Diseases. A vaccine that is highly efficacious, if taken by a very, very high percentage of people, could potentially crush this outbreak similar to what was done with outbreaks of measles and polio and smallpox and other diseases.
Read more: https://www.washingtonpost.com/health/2020/11/30/moderna-covid-vaccine-fda-approval/
mobeau69
(11,033 posts)bucolic_frolic
(42,478 posts)The timing is calculated. And while it's good news, it gives people false security and feeds the Devil-may-care insouciance of anti-mask hordes. We are already paying a price for carelessness. They now say we have the ventilators, so far, but we don't have the personnel everywhere they're needed.
Our economy is devastated and shrinking, businesses are closing, the tax writeoffs and fiscal shortfalls will be legendary. Self-sufficiency and home gigging are the new normal, even envied. Economic contraction ahead. And where is the stock market? Liftoff from all-time highs. These incongruities will be reconciled. My well-sifted gurus tell me so. I don't mean Jim Cramer and Peter Schiff.
BumRushDaShow
(126,616 posts)I had heard that all the stocks futures were down and the suggestion was that there might be a sell-off to cash in on some profits today.
I expect this stock to go up however and in pre-market, it is up almost $15/share at post time - https://www.google.com/finance/quote/MRNA:NASDAQ
Initech
(99,881 posts)PSPS
(13,484 posts)The phrase "developed COVID-19 symptoms" is applied to those who apparently benefited from this. However, that implies they were still infected. Just reducing or eliminating symptoms, while desirable, wouldn't prevent other side effects like lung, heart and neurological damage.
scipan
(2,281 posts)I want all their data so the scientists I trust can give a really informed opinion on it. Not these marketing releases.