Global stock markets were higher today as optimism around a potential COVID-19 vaccine boosted risk assets. Here are 5 updates on covid vaccine:1) US-based Pfizer and Germany’s BioNTech are seen among the frontrunners in the race to develop a coronavirus vaccine, alongside Moderna Inc. and AstraZeneca Plc-Oxford University. Pfizer Inc CEO said they have a 60% chance of knowing the efficacy of its still experimental vaccine by the end of October. "It's more than 60% that we will know if the product works or not by the end of October. 4) Meanwhile, AstraZeneca on Saturday said that it has resumed British clinical trials of its COVID-19 vaccine that it is jointly developing with Oxford University after getting the green light from safety watchdogs.

Source: Mint September 14, 2020 05:03 UTC