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Pfizer says its coronavirus vaccine is 90 per cent effective in ongoing large-scale trials

Pfizer said its experimental vaccine was more than 90 per cent effective in preventing COVID-19 based on initial data from a large study, a major victory in the fight against a pandemic that has killed over 1 million people.

 

A vaccine jointly developed by Pfizer and BioNTech was 90 per cent effective in preventing COVID-19 infections in ongoing Phase 3 trials, the companies announced on Monday.

The news came as soaring coronavirus cases across the world have forced millions of people back into lockdown, causing further damage to ravaged economies.

European stock markets and oil prices jumped on the announcement.

Outgoing US President Donald Trump was among the first to react, writing on Twitter: “STOCK MARKET UP BIG, VACCINE COMING SOON. REPORT 90% EFFECTIVE. SUCH GREAT NEWS!”

The scientific community reacted positively, with top US expert Anthony Fauci describing the results as “extraordinary.”

World Health Organization director Tedros Adhanom Ghebreyesus hailed the news as “encouraging” shortly after warning that the world “might be tired of Covid-19. But it is not tired of us.”

But others pointed out that no information had yet been disclosed about the ages of the participants in the trial.

“If a vaccine is to reduce severe disease and death, and thus enable the population at large to return to their normal day-to-day lives, it will need to be effective in older and elderly members of our society,” said Eleanor Riley, professor of immunology and infectious diseases at the University of Edinburgh.

According to preliminary findings, protection in patients from a wide variety of ethnic backgrounds was achieved seven days after the second of two vaccine doses, and 28 days after the first.

The companies said they expect to supply up to 50 million vaccine doses globally in 2020, and up to 1.3 billion in 2021.

 

 

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