On 3/30/20 at 1:24 PM EDTMore than a dozen Big Pharma and smaller biotech firms have begun working to develop drugs and vaccines in the fight against the novel coronavirus pandemic.
They've teamed up with Biomedical Advanced Research and Development Authority , a Health and Human Services agency, to co-invest $1 billion in vaccine research, develop and clinical testing.
Dr. Rhonda Flores looks at protein samples at Novavax labs in Rockville, Maryland on March 20 one of the labs developing a vaccine for the coronavirus, COVID-19.So far, only Moderna is in the clinical trial phase for a vaccine while Regeneron and Sanofi, Roche and Gilead Sciences are in the clinical trial phases for a treatment.
"You're going to be hearing over the next month or more about different drugs that are going to go into these randomized controlled trials," Dr. Anthony Fauci, the country's top infectious diseases expert at the National Institute of Health, said last week at the White House.
'Fauci has warned that it would likely be up to 18 months before a widespread vaccine would be available in mass quantities for the public.' Newsweek
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