Special Report: Countries, companies risk billions in race for coronavirus vaccine

“The crisis in the world is so big that each of us will have to take maximum risk now to put this disease to a stop,” said Paul Stoffels, chief scientific officer at Johnson & Johnson , which has partnered with the U.S. government on a $1 billion investment to speed development and production of its still-unproven vaccine. Historically, just 6% of vaccine candidates end up making it to market, often after a years-long process that doesn’t draw big investments until testing shows a product is likely to work. Drug companies and the governments and investors that finance …read more

Source:: Yahoo Finance

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