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Possible Price Tag for US COVID-19 Vaccine Revealed

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A colorized scanning electron micrograph of a cell heavily infected with SARS-CoV-2 virus particles, isolated from a patient sample

As of now, there are more than 155 vaccine candidates in different stages of clinical trials and 26 of them have reached the human trails phase.

A Moderna spokesman said the company was in discussions with governments about potential supply of the vaccine, called mRNA-1273, but did not provide any details on pricing "given the confidential nature of the discussions and contracts".

The same outcome did not occur when the University of Oxford's vaccine was tested on monkeys, though that vaccine did prevent the virus from entering the animals' lungs and making them very sick. There are many other companies racing to come out with a vaccine as the US grapples with a surge in Covid-19 cases.

On Tuesday, Dmitriev said: "The Ministry of Health in Russian Federation is following all necessary strict procedures".

Dozens of vaccine trials are underway around the world and a small number are in large-scale efficacy trials, but most developers have cautioned that much work remains before their vaccines can be approved.

Ms Golikova's remarks follow a CNN interview with the head of Russia's sovereign welfare fund that bankrolls research and development for the coronavirus vaccine at the Gamalei Institute of Epidemiology and Microbiology.

In recorded comments provided to CNN, Alexander Ginsburg, the director of the project, said he has already injected himself with the vaccine.

Stressing that the drug is being fast-tracked through approval because of the global pandemic and Russia's own severe coronavirus problem as the country now has more than 800,000 confirmed cases, Dmitriev said: "Our scientists focused not on being the first but on protecting people".

Mainz-based BioNTech and Pfizer received approval from Germany's regulatory authority to start their first round of human clinical trials in April.

CEPI stands for the Coalition for Epidemic Preparedness Innovations that coordinates the development of vaccines.

Russian Federation has over 800,000 confirmed cases of COVID-19, the fourth-most in the world. Half will receive saltwater injections as a placebo, Walsh said.

Although, Gloriani said she thinks the approved vaccine won't be available in the Philippines until early 2021.

Despite the relatively quick progress of vaccine developers, some groups have expressed worry that poor countries won't have access to the vaccine, which are being developed in richer countries like the United States.

The federal government has agreed to pay $1.95 billion to buy 100 million doses of Pfizer's vaccine by the end of this year if the study shows it is safe and effective.

Earlier this month, the Kremlin denied allegations Russian spies hacked into American, Canadian and British research labs to steal vaccine development secrets.

The Gamaleya vaccine is expected to get conditional registration in August, meaning it will still need to conduct trials on another 1,600 people, Deputy Prime Minister Tatyana Golikova said in a televised meeting of officials with President Vladimir Putin yesterday.

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