Health
Moderna said the coronavirus vaccine is not ready until next spring
Moderna CEO Stephane Bancel said Wednesday, his company Coronavirus The vaccine is reportedly not ready for widespread public distribution until next spring. Pharmaceutical companies will also not seek urgent approval of vaccines for front-line healthcare professionals and other endangered individuals until November 25, he said. Financial Times..
At a health conference on Wednesday, Mr. Bansel said Moderna was not ready to seek approval from the Food and Drug Administration for vaccines used by the general public until at least late January. If the vaccine proves safe and effective, approval is unlikely until late March or early April.
“I think it’s late [first quarter],early [second quarter] Approval is a reasonable schedule based on what we know from the vaccine, “says Bansel.
A Modena spokesperson confirmed Bansel’s comments at the meeting, saying the company expects sufficient vaccine testing data to apply to the FDA for an emergency license by November 25.
The timeline is Moderna’s retreat. Earlier this month It also hits President Donald Trump’s claim that the vaccine could be ready in the coming weeks, which he repeated in a discussion with Joe Biden on Tuesday. , Or before the presidential election on November 3rd.
“We’re a few weeks away from the vaccine,” Trump said Tuesday night. First presidential debate With Biden. Mr. Trump’s statement responded to a question from moderator Chris Wallace about why he disagrees with the prediction by the director of the US Centers for Disease Control and Prevention that the vaccine will not be ready until next summer.
“I talked to Pfizer. I talked to all the people you have to talk to: Moderna, Johnson & Johnson, etc. They can go much faster than that,” Trump said. Said.
With news of the timeline revision, Moderna’s share price fell $ 4 to just over $ 70 per share. Moderna did not respond to requests for comment.
Although more than 170 potential therapies have been developed, seven potential coronavirus vaccines are currently undergoing late-stage testing. According to Deutsche Bank analysts, about one-third of vaccine candidates usually go through all three phases of the test.
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