JonDouglas
Senior Member
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Business Insider: CureVac's COVID-19 shot just failed in a large trial, a major setback for the Gates-backed biotech.
A COVID-19 vaccine candidate developed by the German biotech CureVac failed in a critical late-stage study, the company said Wednesday.
It's the first failure of a major vaccine candidate in a final-stage trial. CureVac said an interim analysis showed the shot was 47% effective, falling short of the study's goals and the minimum bar for what US regulators find approvable.
The development is a setback to the world's immunization efforts, as European officials had previously reached deals to acquire up to 405 million doses of the shot.
Despite the disappointing result, CureVac CEO Franz-Werner Haas said the company plans to go "full speed for the final readout." The trial is still ongoing and the final vaccine efficacy figure may vary as more COVID-19 cases are tallied.
More at source.