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Coronavirus Update: Moderna CEO Eyes December for Government Approval for Vaccine Candidate

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According to Johns Hopkins, There are over 40.5 million cases of the virus worldwide, with over 1.1 million deaths.

The U.S. has surpassed 8.1 million cases with 220,000 deaths.

Per the COVID-19 Tracking Project, there were 57,148 new cases reported Monday, which is higher than the 48,922 cases reported the day earlier. 1.2 million new tests were reported. And 456 deaths were reported yesterday, which is higher than the 393 deaths reported the day prior.

Moderna  (MRNA) - Get Free Report CEO Stephane Bancel said that the U.S. government could authorize emergency use of the company's experimental Covid-19 vaccine in December if Moderna gets positive interim results in November from a large clinical trial, The Wall Street Journal reported.

Speaking Monday at the Journal’s annual Tech Live conference, he said, however, that if sufficient interim results from the trial take longer to get, government approval of the vaccine may not occur until early next year.

Moderna has been a front-runner, along with Pfizer and its partner BioNTech, in the race to develop a Covid-19 vaccine.

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You can follow Katherine Ross on Twitter at @byKatherineRoss.

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