Scientist Xinhua Yan works in the lab at Moderna in Cambridge, Massachusetts, on Feb. 28, 2020. Moderna has developed the first experimental coronavirus medicine, but an approved treatment is more than a year away.Covid-19 vaccine candidate — the frontrunner in the American market — seemed to be generating an immune response in Phase 1 trial subjects. The company's stock valuation also surged, hitting $29 billion, an astonishing feat for a company that currently sells zero products.
Experts suggest we ought to take the early readout with a big grain of salt. Here are a few reasons why.The National Institute for Allergy and Infectious Diseases has partnered with Moderna on this vaccine. Scientists at NIAID made the vaccine's construct, or prototype, and the agency is running the Phase 1 trial. This week's Moderna readout came from the earliest of data from the NIAID-led Phase 1.
We don't know results from the other 37 trial participants. This doesn't mean that they didn't develop neutralizing antibodies. Testing for neutralizing antibodies is more time-consuming than other antibody tests and must be done in a biosecurity level 3 laboratory. Moderna disclosed the findings from eight subjects because that's all it had at that point. Still, it's a reason for caution.
STAT asked Moderna for information on the antibody levels it used as a comparator. The response: That will be disclosed in an eventual journal article from NIAID, which is part of the National Institutes of Health.
This is fraud and im sure DonalDuck is behind all these fraud..
You want good news or just perfect news? In that case the news media wouldn't have any news, except bad news.
it doesn't matter will it work or kill people as it's backed by Bill and Melinda Gates, and Bill will bribe FDA and else if needed as he did with Nigerian House of Reps.. $10 Million Bribe for Speedy Passage of Compulsory Coronavirus Vaccine Bill..
It produced just enough data to lift stonks 1000 points for a day... no medical data? Stonks up another 500 points tomorrow!! rigged
And then in a week we will get info about how the vaccine is doing great. is nothing more than a boiler room pump and dump factory
HerdBehaviour Ro = 99, Immunity 1
Doing by the seat of their pants no plan use the Americans as test subjects☠️☠️☠️☠️
So market manipulation? Same like remdisivir?
CNBC AND STAT news are both the same all Dem NETWORKS. SEC SHOULD investigate STAT NEWS AND MODERNA the way they release there news.
Saw this coming Cha Ching!!!
This is the absolute worst in Market manipulation. Somebody sold stock big time today and made a killing because of this article and content. Shame on you CNBC for printing this bullshit.
They are already in Phase 2 with 150 people so I don’t quite get this negative stance .Everything associated with this response has been sped up by rescinding regulations. This virus is that much worse than Seasonal Flu. So the usual paperwork isn’t going to be generated the same
STAT NEWS is a DEM own news and this was only to try to make stocks fall and put doubts in people mines . NO REASON to put out news like this when this company Moderna said more trials in June and July with more phases. IT WAS A PANIC move for reason. STAT NEWS LADY WAS wrong
Even if the volunteer are say 25 years of age and they are able to develop neutralizing antibody -- it's is still good news -- people can be injected with vaccine and lockdown can be eased
Shocking I tell you...simply shocking. Not to say anything about Moderna’s timing of the announcement (one hour before the stockmarket opened Monday morning).
There are no experts. A fake news crap pile from liberal hack John Henry. CNBC should be ashamed.
Everybody got FFFFed . yesterday one of the previous members of the board who currently works for the white house dumped 12 million worth of stock. I wonder why?
CNBC- sister Station of msnbc-all liberals talking down market and economy non stop- bring on liberal fed president who sucks at predicting economy- now predicting virus- a joke - bias is constant.
Lock her down!!
Anytime some positive news release cones out. STAT, owned by socialist John Henry, makes negative comments. More media propaganda and fear mongering from the liberals. So sad.
That’s expected COVID19
Told you, wait a bit till: »vaccine didn’t meet its primary endgoal », timing wise: just after november
Is there any kind of sanction for a media company and it's employees knowingly participating in a stock pump n dump scheme? Asking for 'the world' and JoeSquawk
come on guys only 15 min till close.... time for more negative slant on your usual gloom and doom coverage... soon to be followed by 'Markets in Turmoil' coverage...
Javid shah 💙💙👑👑 Javid shah 💙💙👑👑 Javid shah 💙💙👑👑 Javid shah 💙💙👑👑 (Iranian Hope)
Should have been yesterday news
👀 lecamille
Obvious to any scientist with a brain.
good job guys... pound that negative coverage right before close... never fails CNBC negative as always....
Why should facts get in the way of people buying stocks.
no news .. Moderna is a fraud
Apparently they produced enough critical data to move up & move forward w Phase 3 trials. So yeah, there's that. Listened to the interview w the Stat News reporter & didn't scare me off.
It was a Pump & Dump. Someone made a fortune on this scam. Hint.....It wasn't you.
Yeah i will not be getting a vaccine...
Wow. Just listened to the reporter from stat news who wrote the article question $mrna report. She sounded like a total idiot. If the stock declined based upon her reporting I’d buy buy buy. She said nothing and said it poorly.
Helen the STAT reporter who felt the need to rush the news out during market hours to tank the market is a real beauty. She was stuttering and stammering on air trying to backtrack . Sarah and Wilf let her off the hook with softballs
Oooops.
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