US biotech company Moderna Inc confirmed in a statement that its experimental vaccine against the deadly Covid-19 is 94.5 percent effective.
Just this week, Pfizer also showed that their vaccine against the Covid-19 is more than 90 percent effective.
The United States could have two vaccines authorized for emergency use in December with as many as 60 million doses of vaccine available by end of 2020.
It’s projected that the two companies will have to produce more than 1 billion doses of the Covid-19 vaccine, more than needed for the country’s 330 million residents.
“We are going to have a vaccine that can stop Covid-19,” Moderna President Stephen Hoge said.