CORONA VIRUS – HOPE RISES FOR A VACCINE AMID RISING DEATHS

- February 20, 2020

NEW CORONAVIRUS CASES SOAR, DEATHS RISE

“We have an algorithm which we designed, and we put the DNA sequence into our algorithm and came up with the vaccine in that short amount of time,” Inovio’s research and development director Dr. Trevor Smith told KVUE.

China has reported 254 new daily deaths and a spike in new daily virus cases of 15,152, after new methodology was applied in the hardest-hit province of Hubei as to how cases are categorized.

CORONAVIRUS TREATMENT MAY COME FROM AN UNEXPECTED PLACE

Inovio’s vaccine for COVID-19, as health officials have named the virus, could be ready as early as this summer. Inovio’s stock jumped to $5.32 a share a few days after the company announced it was selected to work on a coronavirus vaccine. Shares are now at $3.34, back to where they were a month ago. The American company is partnering with Beijing Advaccine, a Chinese company, to work on the vaccine.

“Inovio’s participation in this developing effort is based on the ideal suitability of its DNA medicine platform to rapidly develop vaccines against emerging viruses with pandemic potential, proven vaccine development capabilities, and a strong track record of rapidly generating promising countermeasures against previous pandemic threats,” the company said in a statement on Jan. 30. “Inovio was the first to advance its vaccine (INO-4700) against MERS-CoV, a related coronavirus, into evaluation in humans.”

Another U.S. company, Maryland-based Novavax, is aiming to make a coronavirus vaccine in as little as three months, although such vaccines can take years to develop. The company made an Ebola vaccine in 90 days.

SOURCE: https://finance.yahoo.com/news/california-lab-says-discovered-coronavirus-123356925.html

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CORONAVIRUS MAPPED: THE LATEST FIGURES AS THE OUTBREAK SPREADS 

The humanitarian costs of the coronavirus outbreak have continued to mount, with nearly 60,000 people infected in China alone, where the outbreak originated. The number of people who have been confirmed to have died as a result of the virus has now reached 1,384.  It has hit a growing list of companies by sapping consumer demand in key regions and disrupting supply chains. Chinese stocks, the travel sector and energy funds have also been hit.

SOURCE:   Steve Bernard and Cale Tilford (Financial Times)

Written by Medicals