expresspharmaJuly 15, 2020
Tag: COVID-19 , U.S. , Vaccine
Drugmakers partnered with the U.S. government are on track to begin actively manufacturing a vaccine for COVID-19 by the end of the summer, a senior administration official said.
“If you say exactly when will literally the vaccine materials be in production and manufacturing, it is probably four to six weeks away, but we will be actively manufacturing by the end of summer,” the official said.
He added that the administration is already working with companies to equip and outfit manufacturing facilities and acquire raw materials.
The Trump administration has helped finance the development of four COVID-19 vaccines so far though its Operation Warp Speed Program.
So far, the U.S. government has given grants ranging from several hundred million dollars to over $1 billion to companies including Johnson & Johnson, Moderna Inc, AstraZeneca Plc and Novovax Inc.
It has also signed a $450 million contract with last month with Regeneron Pharmaceuticals Inc to help it supply therapies for patients who are sick with the virus.
The “slate is not closed” for additional funding agreements and the administration plans to announce more in the future, the senior administration official said.
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