Covid-19 vaccine will take two years, Novartis CEO says

Novartis sold its vaccine business in 2015 to GlaxoSmithKline, one of many companies around the world now racing to make a drug.

Some companies are already testing vaccine candidates on humans.

[pullquote]“If everything goes as we hope, it will take 24 months before we have a vaccine.”[/pullquote]

“The results of the first clinical studies on the vaccine candidates should be available in autumn,” Novartis CEO Vas Narasimhan told German newspaper Frankfurter Allgemeine Zeitung (FAZ).

“If everything goes as we hope, it will take 24 months before we have a vaccine.”

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But experts have said no vaccine is expected to be ready for use until at least 2021, as they must be widely tested in humans before being administered to hundreds of millions, if not billions, of people to prevent infection.

Narasimhan, who headed development at Novartis’s vaccine business before the Basel-based company concluded it was too small to keep and should be unloaded, said producing enough vaccine for the world would also be a challenge.

He said building a new factory usually took three or four years.

“That’s way too long,” he said.

“We have to use the existing production network to produce large quantities quickly.”