Thread by @business

There has been some promising news about a vaccine, and treatment for Covid-19. But what are the steps needed before one can be available for use?

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bloom.bg/2IXC4hj

The FDA's review process normally takes about six to 10 months. An emergency use authorization could change all that.

The FDA's advisory groups meets on Dec. 10. but we may get a hint in the days leading up the meeting, when it releases its staff report
bloomberg.com/news/articles/…

If emergency authorization is approved, Pfizer and federal and state government officials have been preparing to help distribute the vaccine within days. bloom.bg/398qH0C

But it's not just the FDA. The CDC also must make their own recommendations on who should get a vaccine first, with health-care workers expected to be the first to receive it.

Manufacturers will still need to apply for regular approval from the FDA bloom.bg/398qH0C

It's worth remembering too how much progress has been made. Michael Kinch, a vaccine specialist, said the collaboration to make a vaccine possible may well be "likened to the Apollo program" by future generations bloom.bg/3nOTTh8

Tackling Covid-19 is also a global battle, and G-20 leaders are also set to pledge that the world's biggest economies will dedicate themselves to financing equal access to Covid-19 testing, treatments and vaccines bloom.bg/36SimLS

U.S. President Donald Trump told his counterparts that any American who wants the vaccine will be able to get it, but stayed quiet on granting access to American vaccines by the rest of the world bloom.bg/399mGZR