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Moderna expects to know if its coronavirus vaccine works by November, CEO says

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A syringe containing either the vaccine or a placebo is prepared for Tony Potts, a participant in a Phase 3 COVID-19 vaccine clinical trial sponsored by Moderna at Accel Research Sites on August 4, 2020 in DeLand, Florida.

Paul Hennessy | NurPhoto | Getty Images

Moderna should have enough data from its late-stage trial to know whether its coronavirus vaccine works in November, CEO Stephane Bancel said Thursday. 

The company could have enough data by October, but that’s unlikely, Bancel said during an interview on CNBC’s “Squawk Box.”

“If the infection rate in the country were to slow down in the country in the next weeks, it could potentially be pushed out in a worst case scenario in December,” he added.

This is a developing story. Please check back for updates. 

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