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Moderna CEO Says Its Coronavirus Vaccine Could Be Effective for Years


It's possible that two jabs of Moderna's (NASDAQ: MRNA) recently authorized coronavirus vaccine will be sufficient for long-term protection against the global health scourge. On Thursday, the company's CEO Stephane Bancel said at a healthcare industry event that this is a likely possibility, due to the durability of the antibodies the vaccine produces.

"The antibody decay generated by the vaccine in humans goes down very slowly," he said in remarks quoted by Reuters. "We believe there will be protection potentially for a couple of years." He didn't offer a more specific time forecast.

He did add that, "The nightmare scenario that was described in the media in the spring with a vaccine only working a month or two is, I think, out of the window."

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Source Fool.com

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