Moderna Claims COVID-19 Vaccine 94.5% Effective, an Industrial Info Market Brief

Recent reports from Moderna claim the company's experimental vaccine is 94.5% effective in preventing COVID-19, similar to results reported by Pfizer and BioNTech for their own vaccine. The positive finding was based on 95 cases of COVID-19, 90 of which were in study volunteers who received a placebo, versus five that occurred among those given Moderna's vaccine.