China showed off its coronavirus vaccines at a Beijing trade event. The vaccine was produced by Chinese companies Sinovac Biotech and Sinopharm.
While neither drug is on the market, experts hope that they are approved after Phase 3 trials continue through the end of 2020. China has faced criticism over its handling of the virus and hopes the vaccine will help paint a different picture.
Chinese President Xi Jinping said that any vaccine developed in the country would be a “global public good.” And the country’s Global Times tabloid reported that the price of the vaccines “will not be high.”
AstraZeneca, who partnered with the University of Oxford to develop a drug, said that had paused their vaccine trials after a patient fell mysteriously ill. There are numerous coronavirus vaccine trials in many countries around the world. As of September, about 10 are in Phase 3 trials.
Countries around the world have been decimated financially by the coronavirus, in addition to the high death tolls in many places.
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