Coronavirus Vaccine Slowly Coming Into Focus

Anthony Fauci, the nation’s top infectious disease doctor, on Friday said that he is “cautiously optimistic” a COVID-19 vaccine will be ready by the end of 2020 and widely distributed to Americans in the following year.

“There's never a guarantee that you're going to get a safe and effective vaccine, but from everything we've seen now in the animal data, as well as the early human data, we feel cautiously optimistic that we will have a vaccine by the end of this year and as we go into 2021,” Fauci...

U.S. listed shares of Sanofi SNY, -0.90% gained 0.8% in premarket trading on Friday after it said the U.S. government will pay up to $2.1 billion for the COVID-19 vaccine candidate it is developing with GlaxoSmithKline GSK, -0.22%. The GSK stock listed in the U.S. was up 1.2% before the market opened. The funding, part of Operation Warp Speed, will be used to support ongoing clinical development and manufacturing of the experimental candidate, with at least 100 million doses promised to the U.S. The U.S. government has already said it...