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Dow jones index chart. Drugmaker pfizer inc pfen said on tuesday it does not yet have data from the late stage trial of the covid 19 vaccine it is developing with germanys biontech se 22uayf and provided a. Thats no longer the case as the first. Here are four reasons for.
A competing covid 19 vaccine made by cambridge mass based moderna uses a similar approach though that company has yet to announce results from its phase 3 trial as pfizer did monday. A n experimental covid 19 vaccine being developed by the drug giant pfizer and the biotech firm biontech spurred immune responses in healthy patients but also caused fever and other side effects. Pfizer said early data of almost 44000 participants in a phase 3 clinical trial shows the vaccine is more than 90 percent effective in preventing covid 19.
But embedded in the announcement is broader good news for covid 19 vaccine development. And so far there appears to be no. Yet another type of genetic vaccine for covid 19 was developed by inovio pharmaceuticals of plymouth meeting consisting of dna not rna.
And biontech se protects most people from covid 19 according to a study whose early findings sent stock prices surging and were hailed by the top us. Still the early results are encouraging for the pfizer biontech partnership. Pfizer and biontech nasdaqbntx are on the cusp of producing phase 3 data that could show their coronavirus vaccine bnt162 protects participants from developing covid 19 better than placebo.
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