Across global Drugmakers are racing to develop a cure for the contagion that has so far killed 365,000 people as on date
 
More than 100 vaccines for the virus are being developed globally, but only a handful have made it to the crucial and final human clinical trial stage, with Chinese scientists leading the way.
 
In total, five vaccines developed by Chinese companies are being tested on humans, the most in any country. Beijing has mobilized its health authorities, drug regulators and research institutes to work around the clock with local companies to come up with the world’s first successful one for Covid-19.
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candidate vaccines top 10 WHO 1725bee06c6 original ratio
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The vaccine, jointly developed by the Beijing Institute of Biological Products and China National Biotec Group Co., has completed phase II testing and may be ready for the market at the end of this year or early next year, said the report.
 
A front-running COVID-19 vaccine candidate being developed in China is expected to be available as soon as the end of this year, according to a report published in the official Wechat account of the State-owned Assets Supervision and Administration Commission.
 
The production line for the vaccine will be fully disinfected and closed in preparation for output to start Saturday, and will have a full manufacturing capacity of 100 million-120 million vaccines each year.
 
President Xi Jinping has promised to share any successful vaccine globally, but Chinese companies still face challenges.
 
Phase III testing needs to be done in a place where the coronavirus is still spreading rapidly, and China’s cases have dwindled to a handful each day.
 
Also, an effective vaccine needs massive production capabilities in order to meet global distribution demands.
 
The vaccine candidate from Beijing Institute of Biological Products and China National Biotec Group employs a killed version of the novel coronavirus that can still trigger an immune response.
 
Such inactivated vaccines have been developed for many years to protect populations from diseases including polio and hepatitis.
 
While inactivated vaccines may be slower to develop initially, their familiar path to mass production might allow them to overtake shots made by newer, cutting-edge approaches.
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