FDA - Food and Drug Administration

Dr. Stephen Hahn, the FDA Commissioner, said his agency was prepared to authorize a vaccine before Phase Three clinical trials were complete.

Despite lacking approval or revenue, its share price has continued to soar.

"This is what I've been looking to do for a long time," Trump told an unusually brief White House news conference.

In a Twitter post, Trump said the deep state "or whoever" at the FDA was making it very difficult for drug companies to enroll people in clinical trials to test vaccines.

The NBA and the players union combined to contribute more than $500,000 for the Yale research that led to the test.

A sample taken from the surface of frozen chicken wings imported into the southern city of Shenzhen from Brazil had tested positive for the novel coronavirus.

In June the US Food and Drug Administration granted fast-track designation to RLF-100 for treatment of respiratory distress in COVID-19.

“Vaccines are one of the great achievements of modern medicine."

The young Israeli company will now be shifting its focus towards receiving approval from the Israeli Health Ministry and starting marketing the technology for clinical use in Israel and the US.

Experts have said it could take 12 to 18 months for a vaccine to be developed.