• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

2

‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

3

'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic

1

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

2

‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

3

'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
Coronavirus

Scientists are racing to develop a coronavirus vaccine, but it could take years to reach the market

By
Naomi Xu Elegant
Naomi Xu Elegant
Down Arrow Button Icon
By
Naomi Xu Elegant
Naomi Xu Elegant
Down Arrow Button Icon
January 29, 2020, 5:07 AM ET
Add Fortune on Google for similar content.

Government scientists and pharmaceutical companies in Australia, China, and the U.S. are racing to develop a vaccine for the novel coronavirus that has infected over 6,000 people worldwide and killed more than 130.

But even if researchers come up with a vaccine—which a team in Hong Kong said it has already done—the drug would need to pass rounds of animal testing, human clinical trials, and regulatory approval before it can be released on the market, a process that will take several months at minimum and possibly up to several years.

A race against time

The chief scientific officer for Johnson & Johnson told CNBC on Monday that “dozens of scientists” at the pharma giant are working on a vaccine for the virus, and said the company is “pretty confident” it can produce one.

The Coalition for Epidemic Preparedness Innovations (CEPI), a public-private organization launched in 2017 to develop epidemic-preventing vaccines, announced last week it would fund work at two U.S. pharmaceutical companies, Moderna Therapeutics and Inovio Pharmaceuticals, along with the University of Queensland and the U.S. National Institute of Allergy and Infectious Diseases, to develop vaccines for the novel coronavirus, known as 2019-nCoV.

“Everybody is trying to move as quickly as possible,” said Jacqueline Shea, chief operating officer at Inovio, to the New York Times.

The new virus, which health officials suspect broke out at a now-shuttered wet market in Wuhan, is a member of the coronavirus family, which encompasses the common cold as well as rarer and more lethal viruses like severe acute respiratory syndrome (SARS) virus and Middle East respiratory syndrome (MERS) virus.

Existing data from the SARS and MERS outbreaks and familiarity with the spike protein characteristic of coronaviruses may help scientists develop a vaccine for 2019-nCoV. The experimental vaccine created by the University of Hong Kong (HKU) researchers, for example, was produced by modifying part of the existing flu vaccine.

But even if scientists come up with a vaccine, clinical trials and regulatory approval will likely push back the drug’s release date by a year or more. The HKU team did not give a specific time frame but said that animal testing could take months and human clinical trials could take “at least one year even if expedited.”

The Johnson & Johnson executive estimated it would take eight to 12 months for the company to reach the human clinical trial stage.

During the SARS outbreak—which killed almost 800 people and infected over 8,000 globally—scientists also set to work on creating a vaccine, a project slowed by the Chinese government’s initial concealment of the epidemic.

The scientists eventually created a SARS vaccine, but it was never released. By the time it reached the human trial stage, which took about 20 months, public health officials had contained the outbreak. A vaccine for MERS is still in development and has only been tested on animals so far.

“Uncharted territory”

“I think we are [in] uncharted territory in terms of a timeline, especially vis-a-vis regulatory approval, which under normal circumstances would take years,” said Edward Hammond, a Texas-based biotechnology researcher who has studied pandemic influenza preparedness.

“In the U.S. context at least, in order to have anything with formal approvals within a couple years, [government officials] will have to invoke emergency provisions.” Hammond added.

For any vaccine to be fast-tracked through regulatory channels, the U.S. government would have to declare a public health emergency, which would allow for an emergency use authorization of medical products from the Food and Drug Administration, according to FDA guidelines on the subject.

The Centers for Disease Control and Prevention said on Wednesday that the virus is “not currently spreading” in the U.S., and “the immediate risk in the U.S. is considered low.” The U.S. on Wednesday had five confirmed coronavirus cases.

As of Jan. 29, the number of recorded cases of the novel coronavirus surpassed 6,000. The majority of them are in China, where an additional 20,000 people are being observed for possible coronavirus infection.

Outside of China, countries across the globe have reported cases of the virus, including 14 in Thailand, seven in Japan, and four in France. Germany on Tuesday reported the first known case of human-to-human transmission of the virus. Taiwan and Vietnam have since reported human-to-human transmitted infections.

More must-read stories from Fortune:

—Europe may be next in Trump’s trade war offensive
—Berlin’s ‘ghost’ airport might finally open, billions over budget and 8 years late
—The long ocean voyage that helped find the flaws in GPS
—Mysterious GPS outages are wracking the shipping industry
—Into the ‘crucible’: How the government responds when GPS goes down

Catch up with Data Sheet, Fortune’s daily digest on the business of tech.

About the Author
By Naomi Xu Elegant
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in International

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Most Popular

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
Success
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
By Sasha RogelbergJuly 20, 2026
1 day ago
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
Success
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
By Sydney LakeJuly 20, 2026
2 days ago
'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
AI
'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
By Jason MaJuly 18, 2026
3 days ago
OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation
Cybersecurity
OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation
By Jeremy Kahn and Emily ForliniJuly 21, 2026
6 hours ago
Jamie Dimon won't put more of his own money into the long end of the bond market right now—thanks to the $39 trillion national debt
Economy
Jamie Dimon won't put more of his own money into the long end of the bond market right now—thanks to the $39 trillion national debt
By Eleanor PringleJuly 21, 2026
15 hours ago
Current price of oil as of July 21, 2026
Personal Finance
Current price of oil as of July 21, 2026
By Joseph HostetlerJuly 21, 2026
15 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.