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The Pharmaceutical Industry’s Role in a COVID-19 Vaccine
The development of a vaccine to counteract the novel coronavirus causing COVID-19 is still in preliminary stages, but already there’s hope. Early data from drug maker Moderna suggests their newest candidate vaccine prompts an immune response by stimulating the body to produce neutralizing antibodies.
In the past, this type of antibody was shown to protect against severe acute respiratory syndrome (SARS), another coronavirus similar to the virus causing COVID-19.
“Currently, there is a lot of pressure on the pharmaceutical industry to accelerate vaccines and treatments that will not only improve hospital capacity but save lives and prevent the virus altogether,” says Dr. Lisa Kennedy, the chief health economist of Innopiphany. “We’re seeing history being made with the development of innovative solutions for COVID-19 virus -these will have wide-reaching and long-term impact, changing how drugs and vaccines are developed.”
The good news is that we’re seeing an unprecedented acceleration of treatments and vaccines exactly when we most need it. Generally, vaccine development takes an average of five years, but current efforts could produce a historical first compressing this time to 12-18 months. This accelerated pace is thanks to the persistent efforts of people working in pharmaceuticals, biotechnology, and medicine.
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