Moderna CEO sees ‘high probability’ of success with Covid-19 vaccine

Recent history suggests a new vaccine entering human clinical trials has about a 1-in-3 chance of getting FDA approval. Stephane Bancel, chief executive of Moderna, pegs the chances of his company’s novel coronavirus vaccine at closer to 80% to 90%.

“We know our platform,” Bancel said in a recent interview. “It works on MERS, Zika and CMV and so on. When you have the right sequenc

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Article URL : https://www.cnbc.com/2020/06/17/moderna-ceo-sees-high-probability-of-success-with-covid-19-vaccine.html