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AstraZeneca manufactures potential Oxford University COVID-19 vaccine

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File Photo: The company logo of the pharmaceutical company AstraZeneca appears on the floor screen of the New York Stock Exchange (NYSE) on April 8, 2019 in New York, USA. REUTERS / Brendan McDermid / File Photo

(Reuters) -AstraZeneca will build a potential COVID-19 vaccine from Oxford University and distribute it worldwide, a British pharmaceutical company said Thursday.

More information on when the Cambridge-based company will start producing vaccines for COVID-19, a disease caused by the new coronavirus that has infected more than 3 million people and killed more than 215,000 people so far Didn’t reveal.

While there are more than 70 vaccines in development for coronaviruses, industry experts predict that vaccine development will take an average of 12-18 months.

“Our hope is that we can work together to accelerate the globalization of virus-fighting vaccines and protect people from the deadliest pandemics of our generation,” said Pascal Soriot, CEO. Stated in a statement.

The Jenner Institute and Oxford Vaccine Group are working on a vaccine called ChAdOx1 nCoV-19, which introduced a large production capacity earlier this month, allowing millions of doses before testing could prove effective. Was announced.

The team was able to administer the first volunteer in a vaccine trial last week, with an early read-out in May.

Report by Pushkara Alipaca of Bangalore. Edited by Aditya Soni

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