US health officials: Drugmakers will start COVID-19 vaccine production by end of summer – CNBC

CNBC came out with the coronavirus (COVID-19) vaccine-related news, relying on the senior US health official, during the early Tuesday morning in Asia. The news suggests vaccine production by the end of summer.

Key quotes

US health officials and drugmakers expect to start producing potential coronavirus vaccine doses by the end of the summer, a senior administration official said Monday.

The U.S. is aiming to deliver 300 million doses of a vaccine for Covid-19 by early 2021. 

FX implications

Although the news should ideally help trigger the risk recovery, markets showed a little response during the generally inactive hours of the day.