Germany’s CureVac jab shows only 48% effectiveness against Covid-19 in final stage of trial, driving stock plunge

German biotech

German biotech firm CureVac said its coronavirus vaccine showed just 48% efficacy against Covid-19 following its final analysis, marking only a slight improvement on the company’s last trial while sending its stock value tumbling.

CureVac announced the second- and third-phase trial results for its CVnCoV vaccine on Wednesday, in its final analysis for a 40,000-subject study that drew participants from 10 countries across Europe and Latin America. 

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