STAT’s remarkable Helen Branswell writes there is a one-word exit strategy for the devastating Covid-19 pandemic, which is crippling economies around the world: vaccines.
She writes that political leaders and captains of industry know preventing Covid-19 infections is the only way to get the global economy back on its feet, said Richard Hatchett, CEO of an organization tailor-made to help spur the critical work of making vaccines. They also know, he said, that vaccine development will not be cheap.
Hatchett heads CEPI — the Oslo, Norway-based Coalition for Epidemic Preparedness Innovations. By the third week of January, CEPI had already signed funding agreements with three groups racing to develop vaccines. Since then, its portfolio has grown to eight, with more on the way.