REPORT: Pfizer and BioNTech declare the COVID-19 vaccine is over 90% efficient

It’s considered a “great day for humanity” Pfizer has reportedly discovered a vaccine to fight against COVID-19 this is over 90% effective. Initial test results are available from and so far from Pfizer and its German partner BioNTech SE didn’t find any obvious security problems.

If the US approves the emergency use of the COVID-19 vaccine this month pending full trial results, it could be approved and regulated as early as December. Once approved, all Americans (insured or uninsured) would get this vaccine for free.

According to Reuters, Pfizer and BioNTech signed a $ 1.95 billion deal with the US earlier this year for 100 million doses of vaccine. Also delivery agreements with the European Union, the United Kingdom, Canada and Japan.

“Today is a great day for science and humanity,” said Pfizers Chairman and CEO. Albert Bourlasaid in a statement. “We are reaching this critical milestone in our vaccine development program at a time when the world needs it most, as infection rates are breaking new records, hospitals are on the verge of overcapacity, and economies are struggling to reopen.”

Elected President Joe Biden weighed on the “excellent” news but said people will need to continue wearing face masks, social distancing and other safety measures well into 2021. Read on below.

Statement from President-elect Biden on Pfizer’s vaccination progress: pic.twitter.com/eOiLZnqO8N

– Biden-Harris Presidential Transition (@ Transition46) November 9, 2020

Source: Reuters

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