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Derek Lowe gives a good overview of how different kinds of vaccines work here: https://blogs.sciencemag.org/pipeline/archives/2020/04/15/co...

The short answer is that there is a bunch of different types of vaccines, and each type has different constraints on their production. Someone who makes an mRNA vaccine isn't going to be able to easily switch to making a live attenuated vaccine instead, for example. Also, first does not necessarily mean best: again, with so many approaches, a vaccine using a different approach can have wildly different side-effects and risk factors. So being second (or even, say, tenth) isn't necessarily a loss.

That said, there are so many projects pushing forward that many of them are bound to fail early. Given the history of cooperation already in this crisis, some of those companies who find their coronavirus vaccine efforts going up in smoke may well choose to help scale out other, more successful efforts--or instead help by taking on more of the current vaccine production efforts, as polio and the flu aren't going away just because coronavirus is here.



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