• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

3

Current price of oil as of June 23, 2026

1

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

3

Current price of oil as of June 23, 2026
HealthCOVID-19 vaccines

Pfizer says three COVID shots is ‘highly effective’ in children under 5

By
Riley Griffin
Riley Griffin
and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Riley Griffin
Riley Griffin
and
Bloomberg
Bloomberg
Down Arrow Button Icon
May 23, 2022, 10:31 AM ET
Add Fortune on Google for similar content.

Pfizer Inc. and BioNTech SE said their COVID vaccine was highly effective and prompted a strong immune response in children under age 5, based on early results from a trial that is likely to pave the way for infants and toddlers to finally get immunized.

A three-dose regimen was 80.3% effective in a preliminary finding based on 10 infections in children ages 6 months through 4 years old, the vaccine partners said in a statement on Monday. A formal analysis will be done once 21 children are infected, as the study was designed, and final efficacy data will be shared when available. 

The initial findings are likely to be welcome news to parents and health officials who are anxious to protect the youngest children as infections are on the rise and mitigation measures are dropped in many places. The lack of a vaccine for infants, toddlers and preschoolers for nearly a year and a half after shots first became available has created a conundrum for families who are trying to protect their young children while much of life has returned to normal. 

Pfizer and BioNTech expect to submit the necessary data to U.S. regulators this week to secure an emergency-use authorization for young children, after starting the process in February. They will ask other regulators around the world for clearance in the coming weeks, they said. 

Shares of Pfizer rose 1.1% at 10:09 a.m. in New York on Monday, while BioNTech’s American depository receipts were flat.

One-tenth dose

In the clinical trial, 1,678 children were given three shots of a 3 microgram dose of the vaccine, one-tenth the amount given to adults. They developed a strong immune response following the third dose, which was administered at least two months after the second shot, the companies said. The vaccine was well tolerated, with a safety profile similar to that of the placebo. Most side effects were mild or moderate.

The vaccine efficacy was determined by comparing the number of COVID cases among those who received the active immunization to those who got the placebo. Researchers determined it was 80.3% effective based on an analysis of 10 symptomatic Covid cases identified at least seven days after the third dose was given. 

Pfizer Chief Executive Officer Albert Bourla said the drugmaker is moving quickly to get the shots to young kids.

“We look forward to soon completing our submissions to regulators globally with the hope of making this vaccine available to younger children as quickly as possible,” he said in the statement.

Frustrated parents

Much to the frustration of parents, Pfizer and BioNTech’s pediatric trial had faced months of delays. The companies initially studied a two-dose regimen in children under 5 that wasn’t clearly effective against the highly-transmissible Omicron variant. At the request of US regulators, they shifted to study three shots instead, extending the amount of time it took to complete the trial.

In an analysis of select participants, the three-shot regimen prompted an immune response in children aged 6 months through 4 years after one month that was about as strong as two doses in those 16- to-24-years old, the companies said. 

Meanwhile, Moderna Inc. has said that a two-dose regimen of its vaccine in kids aged 6 months to 5 years was modestly effective without any serious safety concerns. It didn’t pass the 50% efficacy threshold regulators have typically looked for in approving COVID vaccines.

The U.S. Food and Drug Administration will convene an advisory committee meeting on June 15 to discuss the risks and benefits of the Moderna and Pfizer-BioNTech vaccines in the youngest children. The panel of experts will provide a recommendation as to whether or not they should be cleared for emergency use. One day prior, the FDA will convene a meeting to discuss Moderna’s emergency-use request for its vaccine in children ages 6 through 17 years old. 

Even if cleared, the pediatric vaccine campaign may be challenged by hesitant parents. Only 29% of children ages 5 through 11 have been fully vaccinated in the U.S. so far, according to data from the Centers for Disease Control and Prevention. Adolescent uptake is markedly better, though not yet on par with adults, with 59% of those ages 12 through 17 fully vaccinated. Demand for the shot among school-aged children has tapered off in recent months.

Sign up for the Fortune Features email list so you don’t miss our biggest features, exclusive interviews, and investigations.

About the Authors
By Riley Griffin
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Health

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Health

Helix Plus Lead
Healthmattresses
The Best Early 4th of July Mattress Sales of 2026: Saatva, Helix, and More
By Christina SnyderJune 24, 2026
3 hours ago
mg
CommentaryHealth
The ‘tech neck’ time bomb: why 43 million young Americans could cripple U.S. health care within a generation
By Michael GerlingJune 24, 2026
10 hours ago
UPS workers process boxes in a sorting facility.
North AmericaUPS
UPS is shelling out nearly $50 million on temperature-controlled facilities to meet the booming demand for GLP-1 deliveries
By Sasha RogelbergJune 23, 2026
1 day ago
dr
HealthCancer
The U.S. cut cancer deaths by 34% since 1991—but not in 458 rural counties
By Arthur Cosby and The ConversationJune 23, 2026
1 day ago
Woman hides from the sun in front of Big Ben in London
EconomyEurope
‘London isn’t just calling—it’s cooking.’ Europe’s largest economies face over $600 billion in heat-driven losses by 2030
By Tristan BoveJune 23, 2026
1 day ago
Doctor giving patient injection in volunteer clinic
HealthHealth
For the first time ever, no young women in England died of cervical cancer. In the U.S., RFK Jr.’s vaccine skepticism stalls HPV progress
By Catherina GioinoJune 23, 2026
1 day ago

Most Popular

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
Success
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
By Orianna Rosa RoyleJune 23, 2026
1 day ago
The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting
Economy
The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting
By Jacqueline MunisJune 24, 2026
14 hours ago
Current price of oil as of June 23, 2026
Personal Finance
Current price of oil as of June 23, 2026
By Joseph HostetlerJune 23, 2026
1 day ago
Current price of gold as of June 23, 2026
Personal Finance
Current price of gold as of June 23, 2026
By Danny BakstJune 23, 2026
1 day ago
Texas and Charlotte used to build huge McMansions—now they're copying the California design tricks they once mocked
Real Estate
Texas and Charlotte used to build huge McMansions—now they're copying the California design tricks they once mocked
By Sydney LakeJune 22, 2026
2 days ago
Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
Banking
Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
By Jim EdwardsJune 23, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.