• 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
CommentaryCoronavirus

Coronavirus shows how we need vaccines before, not after, an outbreak

By
Seth Berkley
Seth Berkley
Down Arrow Button Icon
By
Seth Berkley
Seth Berkley
Down Arrow Button Icon
February 29, 2020, 8:00 AM ET
Add Fortune on Google for similar content.

As the number of people infected with the coronavirus (which causes the coronavirus disease 2019, or COVID-19) continues to rise, the full extent and severity of this outbreak still remains unclear. Will it continue to escalate into an even more deadly global pandemic, or will it burn itself out and prove to be more of a severe dress rehearsal for the next really big one? 

Whatever the outcome, this outbreak has shown once again that we are not prepared for this kind of global threat. Even if a coronavirus vaccine were available today, demand would almost certainly outstrip supply, so who would get access to it? Those most at risk or those who can most afford it? If we truly want vaccines to play a role in preventing major global pandemics, then we need to invest more in their development before outbreaks occur.

This is particularly the case with influenza. With flu the fear is that one day a strain will emerge so virulent that it will be capable of causing an outbreak on the scale of—or worse than—the 1918 Spanish flu pandemic, which infected more than a quarter of the world’s population, killing between 50 and 100 million people. 

Such virus strains are rare, but it is an evolutionary certainty that one will emerge again at some point. They are far more likely than, say, a nuclear war, which governments spend tens of billions of dollars preparing for. If the speed at which this coronavirus has spread is anything to go by, then the need for a universal flu vaccine has never been greater.

That is not to say that the threat posed by flu is not well understood. For nearly 70 years the Global Influenza Surveillance and Response System has existed to monitor new strains as they emerge and identify those most likely to spread and cause human suffering in the coming flu season. Because of this—in stark contrast to coronaviruses—outbreaks of flu can be largely anticipated so vaccines can be made available in a timely fashion. In the event of a potential pandemic strain emerging, this global vaccine manufacturing infrastructure would be used to rapidly produce global supplies of a pandemic flu vaccine.

That’s the theory at least. But given that seasonal flu still causes severe illness in 3-5 million people and respiratory deaths in 290,000-650,000 people annually, what does this say about our ability to actually prevent a pandemic?

First there is the issue of capacity. One of the key features of Spanish flu was that unlike seasonal flu strains, which tend to mainly kill elderly people, infants, and other high-risk groups, it also killed healthy young adults. Given that seasonal flu vaccines quantities are manufactured mainly with high-risk groups in mind, even with an aggressive scaling-up of manufacturing, it is questionable whether sufficient quantities of vaccine could be produced at short notice to protect a much larger population. In other words, it is unlikely we would have enough.

Taking this into consideration, then there is the issue of access. Between 2004 and 2015, only 5% of flu vaccine supply reached the World Health Organization’s Africa, Eastern Mediterranean, and Southeast Asia regions, which collectively make up 50% of the world’s population. The cost of providing an annual vaccine to populations, year over year, and the logistics required to deliver it is partly to blame for this. In low- and middle-income countries, where funds are scarce and competing threats to health are many, influenza vaccination can easily slip down the list of public health priorities.

Yet these same countries bear a disproportionate share of the global flu disease burden, the size of which remains uncertain because most of these countries have insufficient public health infrastructure to track the disease accurately. This can drastically hinder the ability to detect and respond to viral outbreaks, leaving people even more vulnerable. With Africa’s first case of COVID-19 in Egypt confirmed earlier this month, and Nigeria becoming the first country in sub-Saharan Africa to have a confirmed case this week, there are now concerns of a broader undetected spread of the virus elsewhere on the continent.

But another reason why so few influenza vaccine doses reach poorer countries is that access to available vaccines is not equal to all countries and can often come down to purchasing power. In the event of a pandemic flu and the inevitable vaccine supply constraints that will follow, poorer countries are least likely to get access to a vaccine. This is precisely what happened in 2009 with the H1N1 swine flu pandemic, where wealthy countries placed large advanced orders, effectively buying virtually all the vaccine doses manufacturers could supply.

The development of a universal flu vaccine, one which protects against every influenza virus—including novel strains with pandemic potential—is the only real solution to these challenges and our best shot at preventing a pandemic. By making it available to everyone through existing routine childhood immunization programs, the need to produce large volumes of vaccine at short notice in an emergency situation would be precluded, as would some issues relating to inequitable access to vaccines. And by ensuring everyone is protected, we stand a much better chance of preventing pandemics before they occur.

But while a universal influenza vaccine has been on the agenda for many years, there is still a need for greater scientific understanding of the virus, how the human immune system responds to it, and what characteristics makes it more virulent. Similarly, research efforts and funding for a universal vaccine remain fragmented, with a lack of a clear goal-oriented coordination. All of this creates barriers that are now hindering the development of a universal vaccine. 

The Sabin Vaccine Institute and the Aspen Institute have proposed the creation of an independent entity to coordinate initiatives to overcome the obstacles to developing a universal vaccine, such as funding to encourage more data and asset sharing among involved entities, as well as to incentivize original research and collaboration among scientists, vaccinologists, and product developers. The entity would also work to build support—both within the universal vaccine research community and with the broader public—for more rapidly achieving the end goal. 

But none of this will be possible without bold and coordinated action on a global scale, building on the strong and innovative scientific foundations and uniting the efforts of governments, industry, and philanthropy. That needs to happen now. Because if COVID-19 has highlighted anything, it is that waiting until an outbreak occurs before developing a vaccine costs lives.

Seth Berkley is CEO of Gavi, the Vaccine Alliance.

Update (March 2, 2020): We updated the headline to better represent the coronavirus outbreak in the U.S.

More opinion in Fortune:

—What companies can do to make work better for black employees
—How Democrats’ impeachment campaign helped Trump
—Being a CEO is more tenuous than ever. How I survived 30 years at Aflac
—How Warren Buffett built Berkshire Hathaway
—Are the Houston Astros irredeemable cheaters? Or are they all of us?

Listen to our audio briefing,
Fortune 500 Daily

About the Author
By Seth Berkley
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Commentary

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
  • Pinterest icon

Latest in Commentary

Sumeet Agrawal is VP of Product Management (Data, AI Governance & Context Engineering for Agentic Systems) at Salesforce.
CommentaryAI agents
Salesforce VP on the leaky AI pipeline: why cheaper tokens won’t fix enterprise AI
By Sumeet AgrawalJuly 20, 2026
17 hours ago
japan
CommentaryJapan
Japan’s monetary conundrum — why the yen hit a 40-year low as interest rates hit a 31-year high
By Steve H. Hanke and John GreenwoodJuly 20, 2026
19 hours ago
ryan
CommentaryLeadership
I’ve interviewed 700 leaders. The ones outsourcing their thinking to AI lose their best people first
By Ryan HawkJuly 20, 2026
20 hours ago
ranch
CommentaryWorld Cup
Ranch dressing is quietly doing America’s diplomacy for it
By David BohigianJuly 19, 2026
2 days ago
jt
CommentaryRetirement
Gen X built their whole identity on never needing help. Retirement is the one door they can’t unlock alone
By Jeanne ThompsonJuly 19, 2026
2 days ago
biden
CommentaryLeadership
Ginsburg and Biden’s blind spot: when leaders don’t know when to leave
By Michael SonnenfeldtJuly 19, 2026
2 days ago

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
13 hours 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
18 hours 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
2 days ago
Warren Buffett says his $147 billion investing career was an accident: ‘I may be one of the 10 luckiest in the world’
Future of Work
Warren Buffett says his $147 billion investing career was an accident: ‘I may be one of the 10 luckiest in the world’
By Sarah GlodekJuly 20, 2026
1 day ago
Current price of silver as of Monday, July 20, 2026
Personal Finance
Current price of silver as of Monday, July 20, 2026
By Joseph HostetlerJuly 20, 2026
21 hours ago
It’s not just Taco Bell lettuce and possible glass in Pillsbury rolls: Food and drink recall events reached a 6-year year-over-year high
Retail
It’s not just Taco Bell lettuce and possible glass in Pillsbury rolls: Food and drink recall events reached a 6-year year-over-year high
By Sasha RogelbergJuly 20, 2026
21 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.