Here Are the Only 2 Coronavirus Vaccines That Could Meet the FDA’s Authorization Guidelines by Year-End @themotleyfool #stocks $PFE $MRNA $BNTX $JNJ $AZN

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The effort to develop a coronavirus vaccine has been impressive. Over 190 coronavirus vaccine candidates are in some stage of testing, according to the World Health Organization. Of those, 42 are being evaluated in clinical studies, and 10 have reached late-stage clinical trials.
While these numbers are remarkable, most of these experimental vaccines aren’t close to being ready for Americans to receive. There are only two coronavirus vaccines that could possibly meet the U.S. Food and Drug Administration Emergency Use Authorization guidelines by the end of 2020. 

Image source: Getty Images.

Tight guidelines
Normally, vaccines must undergo a lengthy review process to secure FDA approval. However, the FDA can allow unapproved vaccines to be used in an emergency, such as in the event of an emerging infectious disease. The COVID-19 pandemic qualifies as a biological threat for which the FDA can grant emergency use authorization. 
While the EUA process isn’t as stringent as a full FDA approval, the agency still wants to ensure that vaccines used to treat Americans meet safety and efficacy thresholds. Earlier this month, the FDA released rules for the biopharmaceutical industry to follow when seeking EUA for coronavirus vaccines.
The FDA stated that it “does not expect to be …

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