December 2, 2020
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37:23
5:11Now PlayingPfizer Inc. and BioNTech SE’s coronavirus vaccine was cleared for use by the U.K. on Wednesday after trial data indicated it works well at preventing Covid-19. Their shot, as well as one from Moderna Inc.— both based on new technology — are on the verge of gaining similar approval in the U.S. and Europe.
Other inoculations in the works from AstraZeneca Plc and the University of Oxford, Novavax Inc. and Johnson & Johnson are in the late stage of trials, with approval likely within months.
This is extraordinary. These vaccines appear to have been developed at breakneck speed. How is this possible when it typically takes years to develop an effective inoculation?
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