Franz-Werner Haas, CureVac CEO (AP Images)

Cure­Vac spins a ma­jor set­back on their mR­NA Covid vac­cine in­to an ad­van­tage in the mar­ket wars to come

Af­ter strug­gling — and large­ly fail­ing — to make a case for their dis­ap­point­ing Covid-19 vac­cine, Cure­Vac is throw­ing in the tow­el and tak­ing a shot at com­ing up with some­thing vi­able for the glob­al mar­ket when coun­tries shift from pan­dem­ic to en­dem­ic vac­ci­na­tion cam­paigns.

Tues­day morn­ing the Ger­man mR­NA play­er — ac­com­pa­nied by a rep­re­sen­ta­tive of Glax­o­SmithK­line, which is al­lied on the work — ripped the ban­dage off a fes­ter­ing wound and re­treat­ed from an mR­NA vac­cine that fell short of the 50% pro­tec­tion mark, drop­ping their ap­pli­ca­tion for au­tho­riza­tion in Eu­rope and ax­ing a con­tract to de­liv­er more than 400 mil­lion dos­es of the jab.

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