Moderna Announces Its COVID-19 Vaccine Is 94% Effective

On Monday, the drug company Moderna announced that its COVID-19 vaccine that it has been busy working on has an effective rate of 94.5% in their trials, allowing them to join Pfizer in the race for a  coronavirus vaccine.Both companies are expected to apply to the Food and Drug Administration (FDA) to receive an “emergency use” authorization to vaccinate around 20 million first responders, as well as the elderly in nursing homes, considering these groups are some of the highest at risk for contracting the disease that has killed about 1.2 million internationally.With 11 million infected and 24…

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HEDGE accordingly