Apr 23, 2020

A coronavirus vaccine probably won’t be ready before the end of 2021, according to a Swiss pharmaceutical giant

Posted by in categories: biotech/medical, economics

Dozens of teams of researchers across the world are racing to develop a vaccine to stem the spread of coronavirus infections, bring down death rates, and allow countries to reopen their economies.

However, Severin Schwan, Roche’s chief executive, said he was skeptical that a vaccine could be fully tested, manufactured, and widely distributed within the next 12 to 18 months.

“I’m afraid that the most likely scenario is that we will not have a vaccine before the end of next year,” Schwan said on a Wednesday conference call with reporters, adding that an 18-month timeline is “very ambitious.”

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