In the United States, more than 1.48 lakh have died and nearly 43 lakh people tested positive for the novel coronavirus infection.
Amid the surging COVID-19 cases, US President Donald Trump has said that his administration will announce good news regarding therapeutics developed for the novel coronavirus infection within the next two weeks.
"With respect to therapeutics, I can tell you that I think over the next couple of weeks, we will have some really, very good things to say," Trump told reporters on July 27. Trump’s administration will have "some announcements" on that over the next two weeks, reported ANI.
Trump’s comment came on the day the world's biggest COVID-19 vaccine study got underway with the first of 30,000 planned volunteers helping to test shots created by the US government -- one of several candidates in the final stretch of the global vaccine race.
Track this LIVE blog for latest updates on the coronavirus pandemic
The trial of the vaccine, developed by the National Institutes of Health and Moderna Inc, is one of the first late-stage studies supported by the Trump administration's effort to speed development of measures against the novel coronavirus, adding to hope that an effective vaccine will help end the pandemic.
Moderna, which has never brought a vaccine to market, has received nearly $1 billion from the US government, which is helping bankroll several vaccine candidates under its Operation Warp Speed program.
More than 6.53 lakh people have died of COVID-19 globally and over 1.64 crore tested positive for the disease. In the US alone, more than 1.48 lakh Americans have died and nearly 43 lakh people tested positive for the novel coronavirus, according to Johns Hopkins University data.
Click here for Moneycontrol's full coverage of the COVID-19 pandemic