We have a vaccine!

PUBLISHED MON, NOV 9 20206:45 AM EST UPDATED 3 MIN AGO

KEY POINTS

  • Dr. Albert Bourla, chairman and CEO of Pfizer, hailed the trial results as a “great day for science and humanity.”
  • Pfizer and BioNTech said the case split between vaccinated individuals and those who received a placebo indicated a vaccine efficacy rate of above 90% at seven days after the second dose.
  • It means that protection from Covid-19 is achieved 28 days after the initial vaccination, which consists of a two-dose schedule.

Pfizer and BioNTech announced Monday their coronavirus vaccine was more than 90% effective in preventing Covid-19 among those without evidence of prior infection, hailing the development as “a great day for science and humanity.”

“I think we can see light at the end of the tunnel,” Pfizer Chairman and CEO Dr. Albert Bourla told CNBC’s Meg Tirell on “Squawk Box.” “I believe this is likely the most significant medical advance in the last 100 years, if you count the impact this will have in public health, global economy.”

The announcement comes as drugmakers and research centers scramble to deliver a safe and effective vaccine to help bring an end to the coronavirus pandemic that has claimed over 1.2 million lives worldwide.

Scientists are hoping for a coronavirus vaccine that is at least 75% effective, while White House coronavirus advisor Dr. Anthony Fauci has said one that is 50% or 60% effective would be acceptable.

U.S. stock futures skyrocketed as investors cheered the news. Futures on the Dow Jones Industrial Average surged 1,492 points, implying an opening gain of more than 1,470 points. Airline and cruise company stocks jumped in premarket trading — with some stocks rising by 20% and 30%. Both industries have been particularly impacted by the global health crisis as travel restrictions and a resurgence in outbreaks that continue to hurt demand. 

Pfizer’s results were based on the first interim efficacy analysis conducted by an external and independent Data Monitoring Committee from the phase three clinical study. The independent group of experts oversees U.S. clinical trials to ensure the safety of participants.

The analysis evaluated 94 confirmed Covid-19 infections among the trial’s 43,538 participants. Pfizer and the U.S. pharmaceutical giant’s German biotech partner said the case split between vaccinated individuals and those who received a placebo indicated a vaccine efficacy rate of above 90% at seven days after the second dose.

It means that protection from Covid-19 is achieved 28 days after the initial vaccination, which consists of a two-dose schedule. The final vaccine efficacy percentage may vary, however, as safety and additional data continue to be collected.

“The first set of results from our Phase 3 COVID-19 vaccine trial provides the initial evidence of our vaccine’s ability to prevent COVID-19,” Bourla said in a statement.

A health care worker holds an injection syringe of the phase 3 vaccine trial, developed against the novel coronavirus (COVID-19) pandemic by the U.S. Pfizer and German BioNTech company, at the Ankara University Ibni Sina Hospital in Ankara, Turkey on Octo

A health care worker holds an injection syringe of the phase 3 vaccine trial, developed against the novel coronavirus (COVID-19) pandemic by the U.S. Pfizer and German BioNTech company, at the Ankara University Ibni Sina Hospital in Ankara, Turkey on October 27, 2020.Dogukan Keskinkilic | Anadolu Agency | Getty Images

“We are reaching this critical milestone in our vaccine development program at a time when the world needs it most with infection rates setting new records, hospitals nearing over-capacity and economies struggling to reopen,” Bourla continued.

“With today’s news, we are a significant step closer to providing people around the world with a much-needed breakthrough to help bring an end to this global health crisis. We look forward to sharing additional efficacy and safety data generated from thousands of participants in the coming weeks.”

Vaccine race

Roughly 42% of the trial’s global participants had racially and ethnically diverse backgrounds, Pfizer and BioNTech said, adding that there haven’t been any serious safety concerns reported yet.

The companies said they planned to submit for emergency use authorization to the U.S. Food and Drug Administration soon after they have two months of data, which is currently on track for the third week of November.

Based on current projections, Pfizer and BioNTech expect to produce up to 50 million vaccine doses in 2020, and up to 1.3 billion doses in 2021. The vaccine requires two doses per person. In July, the companies reached a nearly $2 billion agreement with the U.S. government to supply 100 million doses.

Plans to deliver hundreds of millions of coronavirus vaccines around the world raises questions about logistics and distribution in part because of the need to store and transport them in supercooled containers.

The company reportedly plans to load these suitcase-sized boxes from distribution sites in Kalamzoo, Michigan, and Puurs, Belgium, onto as many as two dozen trucks per day, allowing for the daily transit of roughly 7.6 million doses to nearby airports.

The companies said they plan to submit data from the full phase three trial, which began on July 27, for scientific peer-review publication.

U.S. officials and scientists are hopeful a vaccine to prevent Covid-19 will be ready in the first half of 2021 — 12 to 18 months since Chinese scientists first identified the coronavirus and mapped its genetic sequence.

It’s a record-breaking time frame for a process that normally takes about a decade for an effective and safe vaccine. The fastest-ever vaccine development, mumps, took more than four years and was licensed in 1967.

A more than 90% effective coronavirus vaccine would be roughly on par with one dose of a measles vaccination, which is about 93% effective, according to the Centers for Disease Control and Prevention.

Comparatively, the CDC says a vaccine for influenza reduces the risk of flu illness by between 40% to 60% among the overall population.

— CNBC’s Berkeley Lovelace Jr. contributed to this report.

7 comments

  • This looks very promising. Even a normal annual flu shot is only effective about 50 – 60%. This is over 90%. We are rounding the turn :))

    Liked by 4 people

    • Strange that they came up with it just when Trump (through fraud) eventually lost the election. All Deep State crap. We will break Biden’s ass. ZERO BIPARTISAN COOPERATION WITH TERRORISTS! 😎💪

      Liked by 3 people

      • “It’s a record-breaking time frame for a process that normally takes about a decade for an effective and safe vaccine. The fastest-ever vaccine development, mumps, took more than four years and was licensed in 1967.”

        You would never hear this sort of story before the election. Even now I see the Manager of this vaccine push isn’t even mentioned in the article. As I said, the US media won the election.

        Liked by 3 people

        • The EU will impose new tariffs on US imports. Meaning they are no longer sure Biden won the election! 😂

          Liked by 3 people

        • Yes, very true. The filthy left-leaning media got what they wanted. They reported on every sliver of dirt on Trump and totally ignored even the filthiest crap on Biden. They led the way and the millions of Biden fan sheep simply followed them. Kinda reminds me of the Pied Piper…

          Liked by 2 people

  • I’m surprised RT haven’t got an article about this vaccine. With their website having wall to wall coverage of everything going on in the US for the past week, how could they fail to miss it.

    Liked by 4 people

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.