Active Stocks
Thu Apr 18 2024 15:59:07
  1. Tata Steel share price
  2. 160.00 -0.03%
  1. Power Grid Corporation Of India share price
  2. 280.20 2.13%
  1. NTPC share price
  2. 351.40 -2.19%
  1. Infosys share price
  2. 1,420.55 0.41%
  1. Wipro share price
  2. 444.30 -0.96%
Business News/ News / World/  Coronavirus treatment: US govt to release guidelines for approval of COVID-19 vaccine
BackBack

Coronavirus treatment: US govt to release guidelines for approval of COVID-19 vaccine

Drugmakers to show 'clearly demonstrated' proof of vaccine's safety and effectiveness through a clinical study, at least 50% more effectiveness than a placebo
  • Experts say min 12 to 18 months to guarantee a safe and effective vaccine through clinical trials, over 100 vaccines tested worldwide
  • US FDA plans to release guidance outlining its conditions for approving a vaccine for the coronavirus (Photo: AP) (AP)Premium
    US FDA plans to release guidance outlining its conditions for approving a vaccine for the coronavirus (Photo: AP) (AP)

    USA : The US Food and Drug Administration plans to release guidance on Tuesday outlining its conditions for approving a vaccine for the coronavirus, the Wall Street Journal reported, citing a summary of the guidance.

    The agency would require drugmakers to show "clearly demonstrated" proof of a vaccine's safety and effectiveness through a clinical study, and at least 50% more effectiveness than a placebo, the report https://www.wsj.com/articles/fda-to-issue-guidance-on-covid-19-vaccine-approval-11593516090 said.

    There is currently no US approved treatment or vaccine for the respiratory illness that has claimed over 126,100 lives in the country, according to a Reuters tally.

    More than 100 vaccines are being tested worldwide against the virus, with only a handful in the human testing phase, including candidates from AstraZeneca Plc and Moderna Inc.

    Experts have suggested that it could take a minimum of 12 to 18 months to guarantee a safe and effective vaccine through clinical trials.

    The guidance is expected to be discussed by FDA Commissioner Stephen Hahn in an appearance before a Senate committee on Tuesday, the report said.

    Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

    This story has been published from a wire agency feed without modifications to the text.

    Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
    More Less
    Published: 30 Jun 2020, 09:11 PM IST
    Next Story footLogo
    Recommended For You
    Switch to the Mint app for fast and personalized news - Get App