China Coronavirus Vaccine By CanSino Seems To Be Working

China Coronavirus Vaccine By CanSino Seems To Be Working

A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index ... [+] in Hong Kong, Tuesday, July 21, 2020. Asian shares were mostly higher Tuesday as hopes rose about a vaccine being developed to fight the coronavirus pandemic. (AP Photo/Vincent Yu)





ASSOCIATED PRESS





If the market goes down, remember this headline.



China's attempt at making a vaccine to fight the SARS-CoV-2, better known as Covid-19, is moving along nicely with phase two trials showing an immune response in the majority of patients.



A randomized, double-blind, placebo-controlled, trial of the vaccine known as Ad5 was conducted in the coronavirus' home town of Wuhan, China. The vaccine was developed by CanSino Biologics. The company's shares rose 1.74% on Tuesday and are up 183% year-to-date.



Healthy adults aged 18 years or older and who were SARS-CoV-2 infection-free were eligible to participate in the test. Some 603 volunteers were randomly assigned to receive either the vaccine in different doses, or a placebo. They did not know which one they were getting. The injections were given in mid-April.





"The phase 2 trial adds further evidence on safety and immunogenicity in a