As reported by the BBC, a brand new vaccine that provides protection against coronavirus is almost 95% effective, early data from American biotechnology company Moderna indicates.
The results come as biopharmaceutical company, Pfizer previously achieved similar results.
Both sets of results provide hope that a vaccine can help bring an end to the spread of COVID-19.
Per the BBC, both Moderna and Pfizer and their respective approaches to designing the drugs were extremely "innovative" and "experimental".
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According to the outlet, Moderna said it was a "great day" and aim to apply for approval to use the vaccine in the coming weeks.
"These are obviously very exciting results," said Dr. Anthony Fauci, who has served as the director of the National Institute of Allergy and Infectious Diseases since 1984."It's just as good as it gets - 94.5% is truly outstanding."
However, it should be noted that this is still early data.
This is a breaking story and may be updated as more information becomes clear