Stocks rose Wednesday on promising new COVID-19 vaccine data from Moderna Therapeutics, although much of the optimism is outpacing the science.

Axios Re:Cap digs into what Moderna said, what it didn't say, and what comes next in the vaccine race with Richard Besser, former acting director of the CDC and current CEO of the Robert Wood Johnson Foundation.

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Sep 20, 2020 - Health

Trump's health secretary asserts control over all new rules

HHS Secretary Alex Azar and President Donald Trump. Photo: Mandel Ngan/AFP via Getty Images

Health and Human Services Secretary Alex Azar wrote a memo this week giving him authority over all new rules and banning any of the health agencies, including the FDA, from signing any new rules "regarding the nation’s foods, medicines, medical devices and other products," the New York Times reports.

Why it matters: The story further underscores reporting that health and scientific agencies are undergoing a deep politicization as the Trump administration races to develop a coronavirus vaccine, as Axios' Caitlin Owens has reported. Peter Lurie, a former associate commissioner of the FDA, told the Times that the Azar memo amounted to a "power grab."

Updated 11 hours ago - Health

World coronavirus updates

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Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Axios Visuals

A coalition of 156 countries agreed Monday to a "landmark" agreement aimed at the fair distribution of COVID-19 vaccines around the globe, the World Health Organization announced Monday.

The big picture: 64 higher-income countries, including European Union members, are among the signatories to the deal, known as "COVAX." The U.S. is not participating in the scheme.

Updated Sep 20, 2020 - Health

7 states set single-day coronavirus case records last week

Data: Compiled by Axios; Map: Danielle Alberti/Axios

Seven states set new highs last week for coronavirus infections recorded in a single day, according to the COVID Tracking Project and state health departments. Wisconsin and Nebraska surpassed records set the previous week.

Why it matters: Problem spots are sticking in the Midwest, although the U.S. is moving in the right direction overall after massive infection spikes this summer.

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