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Pfizer says its coronavirus vaccine is more than 90% effective

Pharmaceutical giant Pfizer announced Monday that its coronavirus vaccine trial was effective in preventing COVID-19 infections in 90% of previously uninfected people and did not produce any serious safety concerns.

Why it matters: Should the results bear out, it would potentially a huge breakthrough in the fight against the coronavirus pandemic.


  • Pfizer said it will go to the FDA by the end of the month for an emergency use authorization.

By the numbers: Pfizer, who developed the vaccine with German pharmaceutical company BioNTech, says that they have enrolled "43,538 participants to date, 38,955 of whom have received a second dose of the vaccine candidate as of Nov. 8, 2020."

  • "The trial is continuing to enroll and is expected to continue through the final analysis when a total of 164 confirmed COVID-19 cases have accrued."

Worth noting, per the N.Y. Times: The company "released only sparse details" from the trial, and scientists "have cautioned against hyping early results before long-term safety and efficacy data has been collected."

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4 board members of Texas power grid operator ERCOT resign

Four members of Texas' power grid operator resigned from their posts Tuesday after a winter storm led millions of homes to lose power across the state last week, according to a public filing.

Why it matters: Their resignations come days after Texas' public utility commission launched a probe to discover the "factors that combined with the devastating winter weather to disrupt the flow of power," throughout the state.

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Your guide to Congress' certification of Biden's win

There's no doubt about the outcome — Congress will ratify Joe Biden's election win and he'll be sworn in on Jan. 20 — but that won't stop today's political theater that may drag late into the night.

  • Here's our guide to watching the certification debate, with input from legislative aides, historians, election experts and Axios' Ursula Perano.
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