Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
Wednesday 18 November 2020 12:34 pm  |  Updated:  Wednesday 18 November 2020 12:49 pm

Pfizer-Biontech coronavirus vaccine now 95 per cent effective

By: Poppy Wood

Add as a preferred source on Google

Pfizer and Biontech’s coronavirus vaccine has now proved 95 per cent effective and has met the safety criteria needed for emergency authorisation, the companies said today.

The two firms last week published preliminary data showing the vaccine offered 90 per cent protection against Covid-19.

But the jab has now met the same efficacy rate as Moderna’s vaccine, and both are expected to be approved before the end of the year.

“The study results mark an important step in this historic eight-month journey to bring forward a vaccine capable of helping to end this devastating pandemic,” said Pfizer chief executive Albert Bourla.

He added that the company has hit the required safety milestone for the vaccine and is now preparing data for submission.

The findings are based on two doses given to more than 41,000 people in trials across the globe. The drug was found to prevent 94 per cent of over-65s contracting coronavirus with “no serious safety concerns”.

Only two per cent of participants reported a headache, while and 3.7 per cent reported fatigue, the companies said.

The UK regulator, the Medicines and Healthcare products Regulatory Agency (MHRA), is poised to fast-track authorisation of the vaccine after the government ordered enough to vaccinate 20m people.

Health secretary Matt Hancock has said that the NHS will be ready to roll the vaccine out to the most vulnerable from 1 December if proven safe.

Read more

Regulator wins decade-long pricing tussle with Pfizer

Hikma reported a jump in profit for 2024

The government has spread its bets by ordering 355m doses of seven different coronavirus vaccines, with the hopes of returning the country to normality next year.

Kate Bingham, chair of the government’s Vaccine Taskforce, said the group was “pursuing a portfolio approach to obtaining vaccines for the UK across different vaccine formats, to maximise the chances of finding safe and effective vaccines.”

The UK’s top health officials last week set out the priority list for vaccination against coronavirus.

Professor Wei Shen Lim, chair of the committee, said the first phase of vaccine rollout would “prioritise the most vulnerable individuals in society, specifically people who are most likely to die from severe Covid-19 infection”. 

Interim current recommendations place care home residents and care home workers at the top of the priority list, followed by older age groups from 80-plus-year-olds, going down to 60-plus-year-olds, Professor Lim said.

“Then adults with underlying health conditions, then 50-plus-year-olds, going down the age bands.”

Professor Lim added: “If phase one is completed then we will have protected hopefully over 99 per cent of those individuals who are at risk of dying from Covid-19. 

“We have not decided yet on who else should be vaccinated beyond phase one. That’s not to say that they shouldn’t be vaccinated, but simply that we haven’t decided yet on prioritisation”.

Read more

NIKE, Inc. Announces Planned CFO Transition

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Related Topics

  • Coronavirus

Trending Articles

  • Exclusive: Big Four giant KPMG to cut more jobs

  • Music tycoon Simon Cowell sued by prominent City lawyer

  • Tesco ‘in talks’ to exit eastern Europe

  • The former African gold miner taking on the billionaire Issa brothers

  • Easyjet agrees to £5.7bn Apollo takeover

More from City PM

  • Regulator wins decade-long pricing tussle with Pfizer

    Legal
    Hikma reported a jump in profit for 2024
  • NIKE, Inc. Announces Planned CFO Transition

    Business Wire
  • LivaNova Appoints Anne Liddy as Chief Legal Officer

    Business Wire
  • Alphabet to join Dow Jones in rare index reshuffle

    Tech
    Googles modern Kings Cross headquarters showcasing innovative architecture in Londons dynamic tech district
  • Episode 95: Coral Eclipse Day at Sandown and Newmarket

    Sport
    Episode 95 podcast discussion on current events and business trends featuring industry experts and analysts.
  • Kendall blasts ‘unacceptably slow’ online safety laws as VPN loophole grows

    Tech
    Work and Pensions Secretary Liz Kendall is in charge of reforming the state pension and benefits system
  • Palantir to sue Khan over blocked Met police contract

    Legal
    The Mayor of London says he stands ready to help form a bid for the 2040 Olympic Games after City PM polling revealed widespread support for the plans.
  • Exclusive: Reynolds never met Thames Water investors before rejecting rescue deal

    Water
    Emma Reynolds speaking at a business conference podium, engaging audience with insights on industry trends and strategies.

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy · Facebook