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Trump to unveil new vaccine effort

"I think we're going to have a vaccine by the end of the year, and I think distribution will take place nearly simultaneously because we've geared up the military", President Trump said as he prepared to board Marine One on Thursday afternoon.

Health experts have predicted that it could take a year or more to develop a vaccine for the novel coronavirus that has swept the globe and prompted wide-spread economic upheaval.

"Again, it is not exclusively vaccine based", he said. "It's risky. It's expensive, but we'll be saving massive amounts of time-saving years". Perna, a four-star General, will serve as chief operating officer overseeing logistics; Slaoui will be chief adviser to the panel.

"My administration is providing roughly $10 billion to support a medical research effort without parallel", the president said, comparing the effort with the Manhattan Project during World War 2 that led to the development of nuclear weapons.

Perna described his directive as a "Herculean task". "I also feel very confident that the team will be able to provide the results as directed".

Читайте также: London congestion charge returns with 30% price hike

"There's never been a vaccine project like this anywhere in the world", he said. "If we get it, we'll be working with them". "The big unknown is efficacy".

With Operation Warp Speed, President Trump is trying to push the development of a vaccine sooner than the 12-18 month timeframe.

"We are working together with many different countries, and again we have no ego", he said.

President Trump, speaking at a Rose Garden event, reiterated that he wants to see states move forward with reopening their economies.

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