SOME international pharmaceutical companies have announced that they are in Phase 3 testing of coronavirus vaccines. During this phase, thousands of people will be vaccinated and tested for its effectiveness and side effects. These companies develop different types of vaccines, some use a "genetic approach" in which the mis-mong genes of the coronavirus are used for immunity. Others use a "viral vector" where coronavirus genes are delivered to cells but do not multiply. There is a "whole virus" which uses a weaker type of virus to make a person immune. There is also protein-based and repurposed, where vaccines used for other diseases will try to fight the coronavirus. China National Biotec Group (CNBG), Sinovac, Sinopharma, CanSino Biologics and Wuhan Institute of Biological Products are already in phase 3 of testing for their respective vaccines. CNBG and Sinovac recently announced that they have added several countries for testing. Some of them are Serbia, Pakistan, Turkey and Bangladesh. Sputnik V of the Gamelaya Research Institute from Russia is still in phase 3, although President Vladimir Putin has announced that it has been approved by their country. According to reports, the Philippines is one of the countries where the clinical trial of the vaccine will be held from Russia, along with the United Arab Emirates and Saudi Arabia, India or Brazil. From America, the Moderna vaccine and the collaboration between AstraZenica and the University of Oxford are already in phase 3 of testing. It is rumored that the American government has given Moderna USD 1.5Billion for 100 million vaccines once it is proven effective and safe.
In Australia, the Murdoch Children’s Research Institute vaccine is also in the final stages of clinical trials. Meanwhile, the joint venture company BionTech of Germany, Pfizer of the USA and Fosun Pharma of China has conducted simultaneous phase 2 and 3 trials for their vaccine, and has already provided 30,000 volunteers from the USA, Argentina, Brazil and Germany . The U.S. government has also given companies $ 1.9 billion in exchange for 100 million vaccines and the option to get another 500 million dosages. So is the Japanese government, which has already rolled out 1.2 million vaccines. According to Pfizer, by October 2020 they will know if their vaccine is effective. The whole world is waiting to see which of these companies will be the first to say without a doubt, that their coronavirus vaccine is effective and safe and still continues to afflict people, and kill people. The Philippines is one of the countries most affected by the pandemic, when it comes to the number of people who tested positive for COVID-19 and its impact on the economy. The country has fallen into recession when we recorded a 16.5% decline in Gross Domestic Product (GDP), the biggest collapse since 1981. It was caused by the longest lockdown, which led to the closure of businesses, the loss of jobs. mango-gawa. Remittances from overseas Filipino workers also fell by 6.5% as thousands of workers lost their jobs abroad and were forced to return home. The unemployment rate is also record high with 17.7% or about 7 million Filipinos losing their income since the pandemic began. Currently, the number of COVID-19 positive cases continues to increase, and Metro Manila and some areas in the country are still quarantined, although some businesses are slowly recovering due to the economic opening. Others, on the other hand, have changed their business approach to keep up with the "new normal" and use digital, e-commerce and enhanced services. But what really changes everything is the long-awaited vaccine. By the time it becomes available to the public, it will alleviate people's fear of going out and socializing with others. People can travel again to different parts of the country, and the world. Kids can get out of the house again, get into school, be with friends. Businesses will rise again, and will be strengthened as they go through and fight the pandemic. I pray that this vaccine will be available soon