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Covid vaccine fda approval. This virus weakened by genetic engineering is a type of virus called an adenovirus the same as those which cause common colds that has been taken from chimpanzees. A major breakthrough was announced earlier today regarding the search for a coronavirus vaccine when pharmaceutical firm pfizer announed its jab was found to be more than 90 per cent effective. The agreement part of the trump administrations vaccine program operation warp.
The pfizer vaccine is a mrna vaccine the same type as imperial college london researchers are trialling but different to the oxford adenovirus vaccine which uses a weakened version of the. Pfizer announced on july 22 that the us. The company announced monday that people who received its two shots during the companys final stage of clinical trials were less likely to.
Shares in pfizer were 6 higher in early trade while biontech which contributed the mrna technology on which the vaccine is based jumped 12. Adenovirus based covid 19 vaccine has been a concern for many scientists. Other leading vaccine developers also reacted.
Pfizer is now leading the coronavirus vaccine race. Agreed to buy 100 million doses of its vaccine for up to 195 billion. Astrazeneca which is expecting its first pivotal readout in december dropped 3 while novavax climbed 6.
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