Moderna Says Coronavirus Vaccine Won’t be Ready Before November Presidential Elections

FILE PHOTO: A sign marks the headquarters of Moderna Therapeutics, which is developing a vaccine against the coronavirus disease (COVID-19), in Cambridge, Massachusetts, U.S., May 18, 2020. REUTERS/Brian Snyder

Moderna Inc said on Wednesday it will not be ready to apply for emergency approval for its potential COVID-19 vaccine before the U.S. presidential elections in November, the Financial Times reported.

The company’s chief executive officer, Stéphane Bancel, told FT that he did not expect to have full approval to distribute the drug to all sections of the U.S. population until next spring. (on.ft.com/36h2LXD)

Moderna did not immediately respond to Reuters request for comment.

SOURCE: Reuters