COMPANY NEWS IN BRIEF

Moderna analysing Covid-19 vaccine data Moderna Inc said on Wednesday that it has enough data to begin its first planned interim analysis from the late-stage trial of its experimental Covid-19 vaccine, a potential step toward establishing the vaccine's efficacy.Moderna did not say when it plans to release data on how effective the vaccine is, but the information is being prepared for submission to the trial's independent data safety monitoring board, which will look at the results and make a recommendation.The company said in a press release that it has seen a significant increase in the number of Covid-19 cases among the participants in its trial, which includes individuals who received a placebo, as infection rates have surged around the United States.Due to the spike in cases, the analysis will cover substantially more than 53 cases, which had been the targeted trigger point for the analysis.Earlier in the day, Anthony Fauci, the top US infectious disease expert, said the company could have data from an anywhere between "a couple of days" to "a little more than a week."- Nampa/ReutersMercedes-Benz Berlin boss to join TeslaThe head of the Berlin engine plant run by Mercedes-Benz has defected to rival Tesla, German union IG Metall said on Wednesday, calling on employees to protest over his departure.IG Metall declined to name the head of the plant, which has been run by Rene Reif, one the most experienced manufacturing executives at Mercedes-Benz who helped expand manufacturing capacity for Daimler in China.Reif used to be head of engineering and manufacturing at Beijing Benz Automotive Co. Daimler's Chinese joint venture, which has a manufacturing capacity of around 480 000 cars and started building the electric Mercedes-Benz EQC last year.Tesla declined to comment on whether it had found a new manager for a Gigafactory being built on the outskirts of Berlin but the electric carmaker is on a global manufacturing expansion push, building or expanding new factories in Texas, Germany and China.Last month, a source told Reuters that a Tesla manager who oversaw the construction of the electric carmaker's Gruenheide plant, had left his position. - Nampa/Reuters

COMPANY NEWS IN BRIEF

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Republikein 2025-12-16

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COMPANY NEWS IN BRIEF

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