Moderna Says Vaccine Remains Effective for Six Months

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Moderna Says Vaccine Remains Effective for Six Months
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Moderna said that its vaccine remains more than 90% effective for at least six months, but added that people who received it will likely need a booster shot before the winter to keep strong protection against newer variants of the coronavirus

Moderna Inc. said Thursday that its vaccine remains more than 90% effective for at least six months, but added that people who received it will likely need a third dose before the winter to keep strong protection against newer variants of the coronavirus.

The company, based in Cambridge, Mass., has been studying what form of booster shot could provide the best ongoing protection. In a Phase 2 study, a third shot of the original formulation, as well as shots with vaccine candidates with adjusted designs, all showed robust antibody responses against Covid-19 variants of concern, Moderna said.

“We are pleased that our COVID-19 vaccine is showing durable efficacy of 93% through six months, but recognize that the Delta variant is a significant new threat so we must remain vigilant,” Chief Executive Stéphane Bancel said. In the second quarter, Moderna posted a profit of $6.46 a share, a rise from a loss of 31 cents a share in last year’s second quarter. Analysts had been forecasting earnings of $5.96 a share, according to FactSet.

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