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12/08/2020

COVID-19 vaccines are in the pipeline. Scammers won’t be far behind.

FTC

Reports about the release of COVID-19 vaccines by the end of the year are promising, but plans for distribution are still being worked out.

Here’s what we know right now: Two vaccine manufacturers (Pfizer/BioNTech and Moderna) have submitted applications for Emergency Use Authorization to the Food and Drug Administration (FDA). The FDA could complete its review of these applications by the third or fourth week of December 2020. Additional vaccine manufacturers are expected to apply for FDA authorization in 2021. The Advisory Committee on Immunization Practices (ACIP), an independent group of experts convened by the Centers for Disease Control and Prevention (CDC), has already recommended that health care workers and residents of long-term care facilities should receive the first available doses. As additional data is available, more vaccines are authorized by the FDA, and vaccine production increases, ACIP will continue to update its recommendations.

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