Merck Chief Patient Officer on challenges of finding COVID-19 vaccine

Julie Gerberding, Merck Chief Patient Officer and Former CDC Director joins Yahoo Finance’s On The Move to break down the company’s search for a coronavirus vaccine.

Video Transcript

JULIE HYMAN: Of course, we continue to track all of the developments with coronavirus here, and in particular yesterday, the news that Merck was making a couple of moves in terms of vaccine development-- both making an acquisition of a company that has a vaccine development candidate as well as having a nonprofit partnership to try to develop a vaccine candidate as well. We are joined now by Dr. Julie Gerberding. She is Merck's chief patient officer, and she's also a former director at the CDC. She's joining us now from Philadelphia. [INAUDIBLE] thank you so much for joining us.

So with all of these moves that Merck is making, it's very interesting to me all of-- not only all of the moves the Merck is making, but all of the drug-makers that seem to be in vaccine development-- sort of the simultaneous tracks that everyone is on in this race to find a vaccine. How much do you think that increases the chances that we will get one quicker? And will we eventually see many different vaccines on the market?

JULIE GERBERDING: Well, thank you. And let me just start by saying that from the very beginning of the recognition of this pandemic, Merck has been working furiously in our laboratories to try to understand what we can contribute to the development of vaccines and antivirals. And of course, that's happening in most of the companies in our sector. Having multiple shots on goal in a situation like this is great, and I don't think you've seen more collaboration across the industry in terms of how we are actually all pulling in the same direction to try to get something done quickly, but also something done that will truly be game-changing for the contour of this outbreak.

ANJALEE KHEMLANI: Dr. Gerberding, I know that your CEO yesterday was definitely talking about what the risks are of this compressed timeline that we're all facing and what the concerns are. So how is Merck going about this? You are using a recombinant vaccine, so it is a newer technology as well. What are some of those sort of ideas or obstacles that you're facing?

JULIE GERBERDING: I think one of the things that we thought a lot about inside the company is what really would ultimately produce the fastest, the safest, and the most predictable results. So we were really looking for a vaccine that, first of all, was feasible to create and manufacture, second, one that ideally could be effective with just a single dose, and third, above all, a vaccine that would be safe.