Coronavirus Update: 'We Are Racing Against The Virus, Not America,' Says China’s Vaccine Frontrunner

Plus: New Antibody-Focused Adagio Launched

Plus new biotech company Adagio Therapeutics has been launched with a $50m series A financing to advance its coronavirus antibodies as therapeutics and prophylactics.    

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Lima, Peru: the South American country's 341,000 confirmed cases to date make it the fifth worst-affected worldwide.

The head of China’s state-controlled Sinopharm Group Co. Ltd. has said its vaccine program is showing signs of good safety and efficacy as its Phase III trials progress – and has stressed that it is in a race against COVID-19, not the United States.

Yang Xiaoming, president of China National Pharmaceutical Group (Sinopharm), made the comments in an interview with China’s news outlet Global Times and also expressed confidence that its vaccine

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