Oxford University coronavirus vaccine to begin human trials on Thursday as U.K. throws everything at vital breakthrough – MarketWatch

A coronavirus vaccine being developed by Oxford University will enter human trials as early as this Thursday, according to the U.K.s health secretary.

The U.K. government will provide 20 million ($24 million) to the universitys team and a further 22.5 million to Imperial College, where scientists are also working on a vaccine. Scientists at Oxford have previously said the aim is to produce a million doses of the vaccine by September.

Secretary of State for Health and Social Care Matt Hancock praised both teams for making rapid progress and said the U.K. will throw everything weve got at developing a vaccine.

He also said the government would invest in manufacturing capabilities so that if either vaccine was successful it could be available for British people as soon as humanly possible.

We are going to back them to the hilt and give them every resource that they need to get the best possible chance of success as soon as possible. The upside of being the first country in the world to develop a successful vaccine is so huge that I am throwing everything at it.

Read:These 21 companies are working on coronavirus treatments or vaccines

However, he insisted vaccine development was a process of trial and error and trial again.

The Oxford University project, a collaboration between the universitys Jenner Institute and Oxford Vaccine Group, opened recruitment for the clinical trial for healthy adults between 18 and 55 at the end of March, having begun research on a vaccine against the coronavirus-borne disease COVID-19 in February. Trials will now begin as soon as this Thursday, the health secretary revealed in the governments daily briefing on Tuesday.

Praising the team, Hancock said reaching this stage in normal times would take years.

Also:GSK, Sanofi to team up on COVID-19 vaccine

Speaking at the end of March, Adrian Hill, director of Oxford Universitys Jenner Institute, said: The Oxford team had exceptional experience of a rapid vaccine response, such as to the Ebola outbreak in West Africa in 2014. This is an even greater challenge.

Vaccines are being designed from scratch and progressed at an unprecedented rate. The upcoming trial will be critical for assessing the feasibility of vaccination against COVID-19 and could lead to early deployment.

Read on:Hydroxychloroquine as treatment for COVID-19 shows no benefit and more deaths in VA study

Read more from the original source:

Oxford University coronavirus vaccine to begin human trials on Thursday as U.K. throws everything at vital breakthrough - MarketWatch