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        <title><![CDATA[Bill Gates says Pfizer has best shot at early COVID-19 vaccine]]></title>
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            <media:title type="html">Bill Gates says Pfizer has best shot at early COVID-19 vaccine</media:title>
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        <content:encoded><![CDATA[<p>Bill Gates says Pfizer has the best chance of seeking emergency approval for a coronavirus vaccine by next month even though he thinks such an aggressive timeline is unlikely.</p><p>&#8220;The only vaccine that if everything went perfectly, might seek the emergency use license by the end of October, would be Pfizer,&#8221; the billionaire tech tycoon-turned-philanthropist <strong>told CNBC</strong> in an interview published Tuesday.</p><p>Pfizer&#8217;s vaccine is one of three currently going through so-called Phase 3 clinical trials in the US, crucial late-stage studies aimed at proving whether the inoculations are safe and effective.&nbsp;CEO Albert Bourla said this week that the New York-based drugmaker will <strong>likely know by the end of next month</strong> whether its experimental COVID-19 shot actually works.</p><p><span >Gates — a Microsoft co-founder who is the world&#8217;s second-richest person with a net worth of $122.9 billion — noted that Pfizer&#8217;s shot produced &#8220;good antibody levels&#8221; in the first two stages of clinical testing. </span></p><p><span >But he nevertheless doubts that any candidate will try to have a vaccine approved in the US by the end of October, according to CNBC.</span></p><p>&#8220;I do think once you get into, say, December or January, the chances are that at least two or three will (seek approval) — if the effectiveness is there,&#8221; Gates told the network.</p><p>Gates also noted that Pfizer and eight other drugmakers have pledged not to seek emergency authorization or approval for their vaccines <strong>until they&#8217;re proven safe and effective</strong>. The companies made the joint pledge last week amid reports that the Trump administration would try to fast-track the approval process.</p><p>&#8220;The good news is that the leading vaccine companies today said that they won’t apply even for the emergency use license until they have a proof of efficacy,&#8221; Gates said in the CNBC interview. &#8220;We also have to go through all the safety steps so that people feel like they want to participate in taking this vaccine.&#8221;</p><p>Pfizer was one of 15 life sciences companies that <strong>partnered</strong> with the Bill &amp; Melinda Gates Foundation in March to speed up the development and delivery of COVID-19 vaccines, diagnostics and treatments.</p><p>The foundation&#8217;s Strategic Investment Fund has also <strong>invested</strong> in Pfizer and other pharmaceutical firms involved in the vaccine race, including Merck, Sanofi and Pfizer partner BioNTech, according to its website.</p>]]></content:encoded>
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