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3/28, 1:14 AM (Source: TeleTrader)
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Sanofi to create COVID-19 vaccine within 18 months - CEO

Sanofi S.A. CEO Paul Hudson asserted on Friday that French pharmaceutical company is making great efforts to develop a COVID-19 vaccine within the next 18 months and put a stop on the coronavirus pandemic.

"Ordinarily it takes 10 years to invent a vaccine, because you’ve got to give it to a lot of healthy people on a massive scale," Hudson said in an interview for CNBC, insisting the company is doing everything possible to speed up the process.

Earlier in the day, Sanofi announced it has joined efforts with therapeutics company Translate Bio in creating a vaccine for the virus.

Breaking the News / BJ