Dr. Scott Gottlieb told CNBC on Monday that the devastating coronavirus pandemic could "effectively" be ended next year, following promising developments around Moderna's Covid-19 vaccine.

The Massachusetts-based biotech company on Monday announced that its coronavirus vaccine was 94.5% effective in preventing Covid-19, based on preliminary data from its phase-three trial. The news comes one week after Pfizer and its German partner BioNTech said an interim analysis showed their vaccine was more than 90% effective in preventing Covid-19 among trial participants who had not previously been infected.

"If these full data sets hold, when the full data comes out, we may have two highly effective vaccines against Covid," Gottlieb, a board member of Pfizer, said on "Squawk Box." 

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