Trial for a Coronavirus Vaccine to Start on Monday
The COVID-19 pandemic is getting worse, both in the U.S. and worldwide. According to the World Health Organization (WHO), as of March 15, there are more than 153,000 confirmed cases of the rapidly spreading disease in the world and more than 5,700 deaths. Many states in the U.S. are now taking drastic measures to mitigate the spread of the disease, such as closing public schools and banning large gatherings.
Fortunately, several biotech companies are racing to develop a vaccine or a treatment for the novel coronavirus. According to an unnamed government official, clinical trials for a potential vaccine for COVID-19 will start on March 16. The U.S. National Institutes of Health (NIH) is funding the trial, and the vaccine in question was developed by Moderna (NASDAQ: MRNA) in collaboration with the NIH. The trial will involve 45 volunteers, each of which will receive shots with different doses of the vaccine. The goal of this trial is to ensure that the vaccine doesn't cause significant adverse side effects.
Source Fool.com