Moderna Will Likely Announce Efficacy of COVID-19 Vaccine in November – CEO

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The CEO of Moderna, the first company to conduct large-scale human trials of a COVID-19 vaccine candidate in the US, says the firm will likely have enough data to announce in November whether its novel coronavirus vaccine is sufficiently effective for broader use.

CEO Stephane Bancel revealed during a Thursday interview on CNBC’s “Squawk Box” that Moderna anticipates a “base plan for efficacy” to be released in November, as the company has been saying for “many months.”

“If the infection rate in the country were to slow down in the next weeks, it could potentially be pushed out in a worst-case scenario in December,” he added.

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