“We’re on track to have the world’s first safe, effective coronavirus vaccine by the end of this year.”— Vice President Mike PenceMostly True. The race to develop a vaccine is well underway, but it is uncertain whether it will produce results by the end of the year. Some researchers working on vaccine candidates have said getting data this year will be a real feat. Asked about that remark, a Treasury Department spokesman said that Mr. Mnuchin believes vaccine approval is wholly up to the Food and Drug Administration. And a vaccine approval is also only the first step.

Source: New York Times August 27, 2020 00:11 UTC