90% EFFECTIVE, BASED ON INITIAL DATA: News erupted on Monday (November 9, 2020) about the first reading of Phase-3 trial data of the candidate COVID-19 vaccine from Pfizer Inc. The New York-based pharma giant announced that its experimental vaccine was more than 90 per cent effective in preventing COVID, based on an interim data analysis. Pfizer earlier announced its price for the vaccine at $19.50 based on an advanced US government contract, contingent on the vaccine proving effective in clinical trials.