German health minister encouraged by Pfizer Coronavirus vaccine data

German Health Minister Jens Spahn holds a conference on COVID-19 pandemic in Berlin, Germany

Data from Pfizer PFE.N and its partner BioNTech BNTX.O on their experimental COVID-19 vaccine are encouraging, Germany’s health minister said on Monday.

“If this should prove true … then it would be a good signal because it shows that this vaccine makes a difference,” Spahn told a news conference. “This is encouraging.”

The two companies earlier on Monday became the first drugmakers to release successful trial data, saying their vaccine was shown to be more than 90% effective, a major victory in the fight against the pandemic.

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