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COVID: Pfizer To Seek Emergency FDA Approval For COVID-19 Vaccine; Test Results 95% Effective, No Side Effects

SAN FRANCISCO (CBS SF/AP) -- With hospitalizations and new cases surging in the San Francisco Bay Area, there was new hope in the battle against the coronavirus Wednesday as Pfizer announced more encouraging interim results from its ongoing vaccine study suggesting the shots are 95% effective.

More importantly, the vaccine also appears to protect older people most at risk of dying from COVID-19.

The news comes as the Bay Area has backslid into more severe restrictions on businesses and lifestyle as new COVID cases have soared since Halloween.

The announcement, just a week after Pfizer first revealed promising preliminary results, comes as the company is preparing within days to formally ask U.S. regulators to allow emergency use of the vaccine.

Pfizer initially had estimated its vaccine, developed with German partner BioNTech, was more than 90% effective after 94 infections had been counted. With Wednesday's announcement, the company now has accumulated 170 infections in the study -- and said only eight of them occurred in volunteers who got the actual vaccine rather than a dummy shot. One of those eight developed severe disease, the company said.

The company has not yet released detailed data on its study, and results have not been analyzed by independent experts.

Pfizer said its vaccine was more than 94% effective in adults over age 65, though it is not clear how the company determined effectiveness in older adults, with only eight infections in the vaccinated group to analyze and no breakdown provided of those people's ages.

Earlier this week Moderna, Inc. announced that its experimental vaccine appears to be 94.5% effective after an interim analysis of its late-stage study.

Pfizer says it now has the data on the vaccine's safety needed to seek emergency authorization from the Food and Drug Administration.

The company didn't disclose safety details but said no serious vaccine side effects have been reported, with the most common problem being fatigue after the second vaccine dose, affecting about 4% of participants.

The study has enrolled nearly 44,000 people in the U.S. and five other countries. The trial will continue to collect safety and efficacy data on volunteers for two more years.

Pfizer and BioNTech said they expect to produce up to 50 million vaccine doses globally in 2020 and up to 1.3 billion doses in 2021.

U.S. officials have said they hope to have about 20 million vaccine doses each from Moderna and Pfizer available for distribution in late December. The first shots will be offered to vulnerable groups like medical and nursing home workers, and people with serious health conditions.

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