World Bank wants $12 billion for virus vaccine in poor nations
In this file photo Dr. Nita Patel, Director of Antibody discovery and Vaccine development, lifts a vial with a potential coronavirus, COVID-19, vaccine at Novavax labs in Gaithersburg, Maryland on March 20, 2020, one of the labs developing a vaccine for the coronavirus, COVID-19. New York Governor Andrew Cuomo said September 24, 2020 his state will conduct its own verification of any federally approved vaccination, citing concerns that the vetting process is overly politicized. "Frankly, I'm not going to trust the federal government's opinion," the Democratic state leader told journalists.
AFP/ANDREW CABALLERO-REYNOLDS
World Bank wants $12 billion for virus vaccine in poor nations
(Agence France-Presse) - September 30, 2020 - 7:28am

WASHINGTON, United States — The World Bank on Tuesday said it has asked its board of directors to approve $12 billion to help poor countries purchase and distribute eventual vaccines against COVID-19.

The bank has already implemented emergency response programs in 111 countries and the extra money, if approved, would be aimed at low- and middle-income countries.

"An effective and safe COVID-19 vaccine is the most promising path forward for the world to reopen safely," a World Bank spokesman said.

"The global economy will not recover fully until people feel they can live, socialize, work and travel with confidence."

The funds would be dispursed over 12-18 months.

Covid-19 vaccines aren't commercially available yet but World Bank President David Malpass told French newspaper Le Figaro "the process of distributing a vaccine is complex" and it was important to anticipate the needs associated with it.

"We want the poorest countries to have access to it (a vaccine), and in these countries, we want the most vulnerable people and medical personnel to be vaccinated," he said.

Malpass said the Washington-based development lender has experience with immunization programs like those directed at polio and measles, as well as in managing crises like the Ebola outbreaks.

The World Bank has rolled out a record $45 billion in financial support between April and June as the global economy contracted amid the COVID-19 pandemic.

COVID-19 VACCINE NOVEL CORONAVIRUS WORLD BANK
As It Happens
LATEST UPDATE: October 27, 2020 - 9:45am

Pharma giants Sanofi and GSK said on July 29, 2020, that they have agreed to supply Britain with up to 60 million doses of a potential COVID-19 vaccine. The agreement covers a vaccine candidate developed by France's Sanofi in partnership with the UK's GSK and is subject to a "final contract."

This thread collects some of the major developments in the search for a vaccine to ease the new coronavirus pandemic. (Main photo by AFP/Joel Saget)

October 27, 2020 - 9:45am

Brazil is a top testing ground for vaccines against COVID-19, but its plans for vaccinating its own population have been plunged into chaos by a political war waged by President Jair Bolsonaro.

Hit hard by the new coronavirus, Brazil has been tapped to help test several of the leading vaccine candidates, giving it a potential edge in the race to secure access to an eventual shot.

That could be a welcome silver lining for the country of 212 million people, which has the second-highest COVID-19 death toll in the world, at more than 157,000.

But one promising test vaccine, developed by Chinese pharmaceutical firm Sinovac Biotech, has triggered the ire of the far-right president, who last week canceled his health minister's plan to buy 46 million doses. 

The vaccine's most visible proponent in Brazil is the governor of the large and wealthy state of Sao Paulo, Joao Doria, who also happens to be one of Bolsonaro's top opponents. — AFP

October 21, 2020 - 12:38pm

Brazil's health minister says the country would add the Chinese-made CoronaVac vaccine against COVID-19 to its national immunization program, despite a political and diplomatic row over whether to use it.

Health Minister Eduardo Pazuello says the federal government had reached a deal with Sao Paulo state, which is helping test and produce the vaccine, to buy 46 million doses to be administered starting in January.

"This vaccine will be Brazil's vaccine," in addition to another developed by Oxford University and pharmaceutical firm AstraZeneca, Pazuello says in a video meeting of the South American country's 27 governors. — AFP

October 7, 2020 - 3:41pm

The US Food and Drug Administration made public its guidance for issuing emergency approval for a COVID-19 vaccine on Tuesday, making it clear it wants to see follow-up two months after trial volunteers have their second dose.

It is therefore unlikely for President Donald Trump's administration to have a vaccine on the market before the November 3 election, something the president frequently says is on the cards.

"Data from Phase 3 studies should include a median follow-up duration of at least two months after completion of the full vaccination regimen to help provide adequate information to assess a vaccine's benefit-risk profile," the document said. — AFP

October 7, 2020 - 7:33am

The US Food and Drug Administration made public its guidance for issuing emergency approval for a COVID-19 vaccine on Tuesday, making it clear it wants to see follow-up two months after trial volunteers have their second dose.

It is therefore unlikely for US President Donald Trump's administration to have a vaccine on the market before the November 3 election, something the president frequently says is on the cards.

"Data from Phase 3 studies should include a median follow-up duration of at least two months after completion of the full vaccination regimen to help provide adequate information to assess a vaccine's benefit-risk profile," the document said.

The two companies that are furthest along in their vaccine trials, Moderna and Pfizer, both began their final stages at the end of July, and both require two separate injections 28 days apart. — AFP

September 30, 2020 - 8:10am

The World Bank says it has asked its board of directors to approve $12 billion to help poor countries purchase and distribute eventual vaccines against COVID-19.

The bank has already implemented emergency response programs in 111 countries and the extra money, if approved, would be aimed at low- and middle-income countries.

"An effective and safe COVID-19 vaccine is the most promising path forward for the world to reopen safely," a World Bank spokesman says. — AFP

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