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Pfizer announces success in developing 1st COVID-19 vaccine, says 90% effective

Nov. 9: In an optimistic note, Pfizer and German partner BioNTech SE are the first drugmakers to release successful data from a large-scale clinical trial of a coronavirus vaccine. “Our vaccine candidate was found to be more than 90 pc effective in preventing COVID-19 in participants without evidence of prior SARS-CoV-2 infection in the first interim efficacy analysis,” the companies said, of the success of their mRNA-based vaccine candidate, BNT162b2, against SARS-CoV-2.

Today is a great day for science and humanity. 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. 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, said Dr Albert Bourla, Pfizer Chairman and CEO.

If authorised, the number of doses will initially be limited and many questions remain, including how long the vaccine will provide protection. However, the news provides hope that other COVID-19 vaccines in development may also prove effective. Full data from this trial still need to undergo peer-review by other researchers and scientific publications.

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