Pfizer has released a statement saying their vaccine is 95% effective and they are seeking approval for distribution to the elder who are most at risk of dying from the virus.
Pfizer have not release any trial information from studies and the results have not been tested or analyzed by any independent experts.
The Canadian government has pre-ordered the vaccine from Pfizer along with other companies producing the vaccine.
Pfizer has stated that their vaccine is 94% effective for people over the age of 65, however it is not clear on how the company has determined this figure.
Also this week Moderna Inc. have released a statement that their vaccine is also 94% effective.
Their have been no serious side effects from the vaccine other than fatique after receiving the second dose of the vaccine. Over 44,000 people have been tested to date in the United States and other countries.
Pfizer plans on producing over 50 million doses this year and 1.3 billion doses in the year 2021.
The first vaccines offered will be to the elder and those who are at high risk of dying from the disease.