China says coronavirus vaccine may be ready this year

China says it is preparing coronavirus vaccine that may appear in the market at the end of this year or beginning of next year.

China’s State-owned Assets Supervision and Administration Commission said the inactivated vaccine is being researched and developed by Sinopharm’s subsidiary company, Wuhan Institute of Biological Products and Beijing Institute of Biological Products.

Related: Heres why the WHO says a coronavirus vaccine is 18 months away

China Economic Net reported that so far, over two thousand people have received vaccines injections and data show that both of its safety and effectiveness have been fully verified.


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