Everything You Need To Know About The Coronavirus Vaccine
Reading Time: 2 minutes
Here’s everything we know, and we think you should know about the upcoming Coronavirus vaccine. When will it be released? How much is research costing? Which organizations are working on it? — All your burning questions ANSWERED.
35 Companies Working On Creating A Vaccine
That’s right. There are many companies across the world, working on a vaccine as we speak. However, only four have begun animal trials and are set to begin on human trials soon. Many research groups are currently looking at similarities between the different strains of the Coronavirus, once they find something that links them all, a vaccine can be produced.
First Human Trials Are Set To Begin This Spring
Coronaviruses have caused two epidemics in the past. ‘Sars’ in China and ‘Mers’ in the Middle East. Work did commence on creating a vaccine but was terminated once the viruses died down. Due to this new pandemic, vaccine company, Novavax is set to continue where they left off by commencing human trials this spring.
Oxford University Already Started Its Human Trials
It’s not just companies working on a vaccine to combat Coronavirus. Oxford University released a statement recently, saying they started human trials on healthy volunteers last Friday. Oxford University says that although the vaccine has been produced, it is not ready yet.
Although work is being done on creating a vaccine, that’s not to say that once it’s available for public use, that we are in the all-clear. We know there are several strains of the virus and top health officials have already warned of the virus returning in the Fall.
Cost Of Coronavirus Vaccine?
In the UK alone, six projects working on a vaccine will receive a share of £20 million. The UK is currently the biggest donor in the world in contributing to the global effort to combat the virus. PM Boris Johnson has announced that the UK will contribute £540 million, ensuring British scientists will ‘lead the global fight’.
When Will We Get The Vaccine?
Seen as development for a vaccine does take time, we can expect a vaccine around this time next year. One of the hardest tasks is mass producing the vaccine once it is given the all-clear.