8.6 C
New York
Monday, July 26, 2021
Home World News Coronavirus vaccine possible in about a year, says EU agency

Coronavirus vaccine possible in about a year, says EU agency


A vaccine to counter the new coronavirus could be approved in about a year in an “optimistic” scenario, an agency that approves medicines for the European Union said on Thursday.

As the world rushes to develop a vaccine, the European Union, hard hit by COVID-19, fears it may not have sufficient supplies, especially if a vaccine were developed in the United States or China.

The European Medicines Agency, in communication with 33 developers, was doing all it could to speed up the approval process, the EMA’s head of vaccines, Marco Cavaleri, said. He was skeptical of claims any could be ready by September.

“For vaccines, since the development has to start from scratch … we might look from an optimistic side in a year from now, so beginning of 2021,” he told journalists.

He ruled out the possibility of skipping the third phase of a vaccine trial, which he said would be needed to be sure a vaccine was safe and effective.

Eyeing more than 100 treatments

The EMA is also looking at 115 different therapeutics, or treatments, for the coronavirus, which has caused nearly 300,000 deaths globally, according to World Health Organization data.

Cavaleri said some of those therapeutics could be approved in Europe as early as this summer, but he did not specify which.

A leading EU lawmaker said the European Union should circumvent pharmaceutical companies’ intellectual property rights if a vaccine were developed outside the bloc, a new sign of EU fears of lagging behind in the global race.

“If a vaccine is first developed outside Europe, we must do everything possible to ensure that the vaccine is actually available to all countries,” said Peter Liese, who is a prominent member of Germany’s Christian Democratic Union (CDU) party, the same as Chancellor Angela Merkel’s.

“We are counting on dialogue and co-operation, but we must also expect others to reject dialogue and co-operation. This is why we need a plan B,” said Liese.

The United States and China have been wary of supporting a global funding campaign promoted by the EU, which raised $8 billion US ($11.3 billion Cdn) this month to research, manufacture and distribute a possible vaccine and treatments for COVID-19.

Liese called on EU governments and the European Commission to consider a waiver under World Trade Organization rules that allows states to produce generic drugs without the consent of the pharmaceutical companies that have first developed them and still own intellectual rights.



Source link

Today news
Today News 1 runs four of the western GTA’s most influential media websites, offering news, food, lifestyle and entertainment coverage for millions to the Golden Horseshoe and GTA regions. The independently-run, online news source was founded in 2019 and specializes in everything from breaking news to food and restaurant, arts and entertainment and lifestyle coverage.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Eagle population flying high on P.E.I.

The flourishing bald eagle population on P.E.I. is being called a success story. At one point in the 1980s wildlife biologists could...

Oil, gas and esports: Fort McMurray’s college enters world of competitive gaming

Fort McMurray's Keyano College is delving into the world of esports, with a new diploma program and esports team.  Esports — which stands...

Major museum and art gallery shops duped by fake Indigenous carver

Until recently, gift shops in some of B.C.'s most famous museums and art galleries have sold wood carvings by an artist identified as...

These adventure cats bring joy to their owners — and social media followers

Canadians have embraced the outdoors in droves over the past year-and-a-half due to pandemic-related lockdowns — and their fluffy, tree-climbing, bird-watching feline companions have been tagging along....

Recent Comments