As the coronavirus outbreak that causes COVID-19 escalates, biopharma companies and government agents are working quickly to develop and test a vaccine, although most estimates are it will take 12 to 18 months before it could get to market. As of March 5, 2020, California has declared a state of emergency, several Asian and Middle Eastern countries are restricting travel and the global stock markets are struggling with the uncertainty. The Dow Jones industrial average dropped more than 700 points Thursday morning.
