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Read & Share: How Close Is The World To A Coronavirus Vaccine?
The rush to develop a COVID-19 vaccine is heating up with the CDC telling U.S. states to be ready to destribute (sic) one by early November while Russia is already aiming to bring its Sputnik V innoculation (sic) to the market this month. Scientists have warned that candidates that have not completed trials may make the pandemic worse, however. Great hopes have been pinned on a coronavirus vaccine candidate being developed by the University of Oxford that successfully triggered a strong immune response in trials involving 1,077 people last month. Yet, Phase III trials were halted on Wednesday after a participant came down with an unexplained illness. Pharmaceutical company AstraZeneca, which partners with the University of Oxford on the development of the vaccine, called the pause a “routine” procedure.
So far, the vaccine did not show any dangerous side effects but, 70 percent of participants in the trial experienced a headache or fever, which scientists said could be managed by paracetamol.
Scientific journal The Lancet had published hugely promising results of Phase I/II trials in July for the University of Oxford vaccine, and they have raised hopes that a safe, effective and accessible vaccine will be attainable to help end the pandemic. The trial provoked a T cell response within 14 days of vaccination and an antibody response within 28 days.
Quoted from Statista
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Mike Mercurio | mmercurio@offitkurman.com | 301-575-0332
Michael N. Mercurio is a leading attorney in the field of mergers and acquisitions (M&A). He serves as outside general counsel in buy-side and sell-side M&A, as well as in all business law and real estate law matters. As a strategic partner to firm clients, Mr. Mercurio regularly counsels entrepreneurial individuals and assorted entities on the many challenges, issues, and opportunities companies face throughout the business lifecycle—from start-up to eventual exit.
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