Pfizer’s coronavirus vaccine candidate enters first phase of US trials

The start of the US trial follows the first jabs administered in Germany last week

Pfizer - Pfizer’s coronavirus vaccine candidate enters first phase of US trials

Pfizer Inc. (NYSE:PFE) and BioNTech (NASDAQ:BNTX) announced the first US participants were administered their Covid-19 vaccine candidate.

The trials involve up to 360 healthy subjects into two cohorts, 18-55 and 65-85 years of age.

READ: Coronavirus: what’s happening in the labs of pharma companies worldwide

Another cohort of participants received a jab in Germany last week.

The phase 1/2 of the study determine the safety, immunogenicity and optimal dose level of four vaccine candidates in a single, continuous study.

“The short, less than four-month timeframe in which we’ve been able to move from pre-clinical studies to human testing is extraordinary and further demonstrates our commitment to dedicating our best-in-class resources, from the lab to manufacturing and beyond, in the battle against COVID-19,” said Albert Bourla, chairman and chief executive of Pfizer.

Shares in Pfizer were flat at US$79.93 in pre-market trading.

Quick facts: Pfizer

Price: 38.06 USD

Market: NYSE
Market Cap: $211.49 billion

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