Are we close to vaccine?
Team Veye | 16-Nov-2020
A couple of months back, many countries in the world had started experiencing a slow down in the spread of the coronavirus. As many nations, though inadvertently, lowered the guard, countries across Europe and also the USA saw a resurgence in COVID-19 cases.
Many countries are reporting far more cases every day than they were doing during the first wave. While it remains unclear whether more cases being identified were due to the increase in tests or otherwise, it has certainly put pressure on pharmaceutical companies to expedite the search for an effective vaccine for the virus.
In order to make life get back to normal, we need a vaccine. The vast majority of people are still vulnerable to coronavirus infection. It is only the restrictions on our lives that are preventing more people from dying.
Researchers worldwide are working around the clock to find a vaccine against SARS-CoV-2, the virus causing the COVID-19 pandemic. Pharmaceutical companies are starting to unveil medical advances in this battle against the coronavirus.
The massive efforts are indicating that a fast tracked medicine could be available anytime from the end of 2020 to the early months of 2021. As they progress, in the next few weeks, we may learn more about how well these vaccines and treatments work.
Sputnik V – formerly known as Gam-COVID-Vac and developed by the Gamaleya Research Institute in Moscow – was approved by the Ministry of Health of the Russian Federation on 11 August. But experts have raised considerable concern about the vaccine’s safety and efficacy is given it has not yet entered Phase 3 clinical trials.
Pfizer/BioNtech is the first pharmaceutical company to share data from the final stages of testing - known as a phase 3 trial. Pfizer believes it will be able to supply 50 million doses by the end of this year, and about 1.3 billion by the end of 2021.
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