Australian scientists claim they have already developed a coronavirus vaccine, but it could take months before it is ready to be rolled out.
Three scientists from the University of Queensland, in Brisbane, believe they have created a vaccine that could immunize against COVID-19.
Dr Keith Chappell, who has completed post-doctoral studies on the stabilisation of viral proteins, told The Australian: ‘In terms of getting a vaccine that we think will work, we think we are already there.’
He has been rushing to develop a safe vaccine alongside colleagues Paul Young and Trent Munro since January.
His team experimented with 250 different formulations before settling on a candidate vaccine virus named S-Spike.
The S-Spike jab is currently being tested on laboratory mice and could see a progression to human trials by June.
They believe the vaccine is on track to be available by the end of the year.
Dr Chappell explained that developing the injection properly would take a long time.
‘Getting a vaccine that’s available for seven billion people on the planet means … we have to move to scale and that’s a very different proposition,’ he said.
He also said the scientists had to be cautious about any commercial risk and refused to jeopardise the safety or efficiency of the vaccine.
The team said that the next step was figuring out how to get the drug into production, which could cost between $20million to $30million.