1 00:00:00,000 --> 00:00:04,560 I think the PLA in China are the most 2 00:00:02,790 --> 00:00:06,299 advanced in their testing they're in the 3 00:00:04,560 --> 00:00:08,010 second phase of their clinical trial so 4 00:00:06,299 --> 00:00:10,410 such a they have a vaccine that they 5 00:00:08,010 --> 00:00:12,389 know is safe and they are there in a 6 00:00:10,410 --> 00:00:13,230 large second placed wrong about 500 7 00:00:12,389 --> 00:00:15,570 people in it 8 00:00:13,230 --> 00:00:17,580 which they're trying to work out whether 9 00:00:15,570 --> 00:00:19,260 it's efficacious and if it is then 10 00:00:17,580 --> 00:00:21,689 they'll go into a production a mass 11 00:00:19,260 --> 00:00:24,000 production phase and larger trials have 12 00:00:21,689 --> 00:00:26,460 a large number of people but it's very 13 00:00:24,000 --> 00:00:28,890 unlikely our government will buy that 14 00:00:26,460 --> 00:00:32,850 vaccine from China or accept it from 15 00:00:28,890 --> 00:00:34,680 China it is in a feature quite a 16 00:00:32,850 --> 00:00:37,680 negative feature of our response in 17 00:00:34,680 --> 00:00:42,329 Britain too this has been ignoring a lot 18 00:00:37,680 --> 00:00:44,820 of the lessons of other countries China 19 00:00:42,329 --> 00:00:46,710 but not only China also Korea on the 20 00:00:44,820 --> 00:00:48,120 basis that our science is superior but 21 00:00:46,710 --> 00:00:50,489 there's an underlying business reason as 22 00:00:48,120 --> 00:00:53,399 well that if we our large pharmaceutical 23 00:00:50,489 --> 00:00:55,530 industries produce a vaccine which is 24 00:00:53,399 --> 00:00:57,360 viable they'll make great deal of money 25 00:00:55,530 --> 00:01:00,870 domestically and internationally from 26 00:00:57,360 --> 00:01:02,640 from selling it so I think vaccines will 27 00:01:00,870 --> 00:01:04,439 be available I think the Chinese are 28 00:01:02,640 --> 00:01:06,240 likely to be there first but many other 29 00:01:04,439 --> 00:01:07,710 people around the world will produce 30 00:01:06,240 --> 00:01:09,810 probably independently and will probably 31 00:01:07,710 --> 00:01:12,299 have several vaccines on the market I 32 00:01:09,810 --> 00:01:14,070 imagine towards the end of this year but 33 00:01:12,299 --> 00:01:16,049 these things have an extended timeline 34 00:01:14,070 --> 00:01:18,210 and its heart in down exactly when it 35 00:01:16,049 --> 00:01:20,610 will be I have seen people for the 36 00:01:18,210 --> 00:01:22,020 reason that you know medicine the 37 00:01:20,610 --> 00:01:23,490 selling of medicines the pharmaceutical 38 00:01:22,020 --> 00:01:26,009 industry is such a multi-billion dollar 39 00:01:23,490 --> 00:01:28,619 industry people very distrustful and 40 00:01:26,009 --> 00:01:31,650 there's increasing kind of them feeling 41 00:01:28,619 --> 00:01:33,450 of an NT VAX campaign even around this 42 00:01:31,650 --> 00:01:36,479 issue but but I must stress that you 43 00:01:33,450 --> 00:01:39,360 know vaccines are effective that vaccine 44 00:01:36,479 --> 00:01:41,700 will protect millions of people who 45 00:01:39,360 --> 00:01:43,680 haven't had the corona virus but I think 46 00:01:41,700 --> 00:01:46,439 there's no way out of the fact that we 47 00:01:43,680 --> 00:01:49,619 need much better basic health measures 48 00:01:46,439 --> 00:01:51,450 of adequate testing adequate contact 49 00:01:49,619 --> 00:01:54,299 tracing and keeping those who have the 50 00:01:51,450 --> 00:01:57,030 virus protected and isolated from the 51 00:01:54,299 --> 00:02:00,329 community who don't put me down for a 52 00:01:57,030 --> 00:02:03,560 Chinese vaccine and include me in the 53 00:02:00,329 --> 00:02:05,830 demand for the nationalization of the 54 00:02:03,560 --> 00:02:08,970 pharmaceutical industry 55 00:02:05,830 --> 00:02:08,970 [Music]