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Podcast: Moderna's chief medical officer on its blockbuster vaccine news

Moderna Therapeutics today reported a 94.5% efficacy for its COVID-19 vaccine, which doesn't need to be stored at the same ultra-cold temperatures as does a similar vaccine developed by Pfizer. It also said short-term safety concerns, such as headaches and injection site soreness, self-resolved within days, and that it could have 20 million doses available by year-end.

Axios Re:Cap speaks with Moderna chief medical officer Tal Zaks about the new data, distribution, politics, and how it was preparing for this moment even before COVID-19 was discovered.

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TV star's party takes poll lead ahead of Bulgaria's election

Sunday's snap parliamentary elections in Bulgaria pit the man who has dominated the Balkan country's politics for a decade against an insurgent party led by a popular TV host.

The big picture: Former longtime Prime Minister Boyko Borissov failed to form a government after an inconclusive election in April, which followed massive protests last year over corruption and Borissov's alleged mafia ties.

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U.S. warns firms operating in Xinjiang are at "high risk" of violating forced labor laws

The State Department and several other federal agencies issued an updated advisory on Tuesday warning that businesses with supply chains and investments in the Chinese province of Xinjiang run a "high risk" of violating U.S. laws on forced labor.

Why it matters: The Biden administration is moving aggressively to ensure that American businesses, many of which use supply chains deeply intertwined with the Chinese economy, are not complicit in the genocide of Uyghurs and other Muslim minorities.

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