Coronavirus vaccine won’t be available this year as per most of the American healthcare experts. It would be too optimistic to have a COVID-19 vaccine that can be used in 2020, as per Dr. Fauci and several other sources. There are currently 60 vaccine trials taking place and even if they proceed without any trouble, the earliest we can have a cure ready will be 2021.
— Reuters (@Reuters) May 14, 2020
Boston-based PanAgora Asset Management has analyzed the various medical research data on the development of the Coronavirus vaccine and predicted that there are zero chances of a successful vaccine in 2020. It will take time as the COVID-19 vaccine trial is a complicated process and it has to be deemed safe for everyone before implementation.
AI Predictions for Coronavirus Vaccine Development
PanAgora has used artificial intelligence machine learning for its biotechnology industry model to asses the drug trials which will become an effective vaccine for Coronavirus in the future. “It doesn’t look much promising and there won’t be any vaccine this year based on the latest data,” confirmed George Mussalli, who is the CEO of PanAgora institute.
Although, Mussalli agrees that there is definite progress in the COVID-19 vaccine development process. The researchers are getting closer to develop a Coronavirus vaccine and by the fall or end of this year, the doctors will have at least toolkits that can cure corona patients.
Dr. Fauci on COVID-19 Vaccine and Blood Test
Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases (NIAID), has told the US Senate that Coronavirus vaccine will be ready by 2021. It will take a year and a half to have a vaccine that can be safely used, as per Dr. Fauci.
The work on novel coronavirus vaccine is done at the fastest rate but any drug has to go through multiple trials before it can be used safely on people. Dr. Fauci also claims that the United States researchers are very close to developing a blood test kit that can be easily used to detect COVID-19 cases in clinics and hospitals.