At last!!! It looks like a COVID vaccine is on the horizon that will change the world.
Pfizer just released incredible data -- preliminary though it is -- showing they've developed a vaccine that is MORE THAN 90% EFFECTIVE IN PREVENTING CORONAVIRUS INFECTIONS. That level of protection matches the effectiveness of the measles vaccine, which has effectively wiped out that disease.
Scientists were warning a vaccine might only be 55% effective ... maybe slightly higher, but we hadn't heard percentages like this before in the various trials.
The stock market reacted in spectacular fashion ... futures are up 1500 points, and it makes sense -- the pandemic has wiped out our economy, and this is the light at the end of the tunnel.
Dr. Albert Bourla, Pfizer's CEO, called the results a "great day for science and humanity."
The vaccine requires 2 doses, and the protection kicks in 28 days after the initial dose.
As for the size of the trial ... pretty impressive. There were 43,538 participants, and of those, there were 94 confirmed COVID infections.
Pfizer says by year's end it should have enough doses to immunize 15 million to 20 million people.
The Operation Warp Speed folks have promised Pfizer nearly $2 billion to deliver 100 million doses to Americans free of charge.
The news can't come fast enough -- 1.2 million people worldwide have died from COVID -- 240,000 in the U.S. alone.