Forbes - Moderna’s Vaccine Results

Plus: Here are the cities where all the ICU beds are full

The Covid-19 crisis continues to worsen in the U.S.as confirmed cases have surged past 11 million. But there was also a ray of hope today: biotech company Moderna announced preliminary data from its phase 3 clinical trials of its mRNA vaccine, which found that the vaccine was almost 95% effective at preventing Covid-19. The news comes on the heels of last week’s announcement from Pfizer, which found its mRNA vaccine to be about 90% effective. So what does this news mean? Former FDA Commissioner Scott Gottlieb said today that if the vaccines are as effective in real life as they were in clinical trials, the Covid-19 pandemic could end next year. But not everyone is so optimistic. WHO Director Dr. Tedros Ghebreyesus said in a video today that a vaccine alone will not be enough to end the pandemic, and countries will have to continue contact tracing and other public health measures for a long time to come.

Moderna's Covid-19 Vaccine

From technology to distribution, here’s everything you need to know about Moderna’s Covid-19 vaccine. 

President Trump has taken credit for both Pfizer and Moderna’s vaccine breakthroughs, saying history will remember him as the man who ended Covid-19. 

Moderna’s Covid-19 vaccine approval could add nearly $35 billion to its revenues. 

As vaccine prospects boom, here are the stocks that are surging the most. 

Business

Former Federal Reserve Bank Of New York President Bill Dudley says promising vaccine news means that more stimulus legislation is needed from Congress.

Here’s why billionaire Jeffrey Gundlach thinks U.S. stocks are way overvalued right now.

Science & Health

Experts say that a lack of cold chain infrastructure in Africa could make distributing a Covid-19 vaccine difficult. 

Though it’s still a rare event, the number of Covid-19 reinfection cases is slowly rising. 

A new study found that Covid-19 might have negative impacts on male fertility for patients with the virus. 

On The Upside

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