Saturday , June 6 2020
Home / Project Syndicate / How to Develop a COVID-19 Vaccine for All

How to Develop a COVID-19 Vaccine for All

Summary:
Strong health systems, adequate testing capacity, and an effective, universally available vaccine will be key to protecting societies from COVID-19. But ensuring that no one is left behind requires not just unprecedented collective investment, but also a very different approach to innovation. LONDON – In the early weeks of 2020, it started to dawn on people that COVID-19 could be the long-dreaded but expected “Disease X” – a global pandemic caused by an unknown virus. Three months later, the majority of the world’s population is in lockdown, and it is clear that we are only as healthy as our neighbors – locally, nationally, and internationally. What the Stock Market Is Really Saying

Topics:
Mariana Mazzucato considers the following as important:

This could be interesting, too:

[email protected] (Cyril Morong) writes Today is Adam Smith’s Birthday

Equitable Growth writes Elevating economic research on racist violence and exclusion in the United States

FT Alphaville writes Let’s call Trump out, but let’s get our facts straight too

Emilie Openchowski writes Weekend reading: Black Lives Matter edition

Strong health systems, adequate testing capacity, and an effective, universally available vaccine will be key to protecting societies from COVID-19. But ensuring that no one is left behind requires not just unprecedented collective investment, but also a very different approach to innovation.

LONDON – In the early weeks of 2020, it started to dawn on people that COVID-19 could be the long-dreaded but expected “Disease X” – a global pandemic caused by an unknown virus. Three months later, the majority of the world’s population is in lockdown, and it is clear that we are only as healthy as our neighbors – locally, nationally, and internationally.

Strong health systems, adequate testing capacity, and an effective, universally available vaccine will be key to protecting societies from COVID-19. But ensuring that no one is left behind requires not just unprecedented collective investment, but also a very different approach.

Researchers at universities and companies around the world are racing to develop a vaccine. And current progress is encouraging: 73 vaccine candidates are actively being explored or are in preclinical development, while five already have entered clinical trials.

These massive efforts are possible only because of substantial public investment, including by the US National Institutes of Health and the Coalition for Epidemic Preparedness Innovations (CEPI). The latter, a publicly funded non-profit organization, was established after the 2014-16 West African Ebola epidemic to drive research and development of vaccines that could be deployed during disease outbreaks.

CEPI has so far received an extra $765 million of a targeted $2 billion in funding for COVID-19 vaccine development from multiple governments. The Biomedical Advanced Research and Development Authority, part of the US Department of Health and Human Services, has invested substantially in vaccine-development projects with Johnson & Johnson ($450 million) and Moderna ($483 million). And the European Union intends to mobilize further public funding to tackle the pandemic at an online pledging conference on May 4.

But investment alone is not enough. To succeed, the...

Leave a Reply

Your email address will not be published. Required fields are marked *