US, China and other rich nations chase COVID-19 vaccine paydays

Developing countries at the back of the queue face costly vaccine imports

20200803 Coronavirus vaccine

Wealthy countries are buying up massive doses of expensive and so far unproven candidate vaccines against COVID-19 in the hope of containing domestic outbreaks.  © Reuters

NORIYUKI TAKADA, Nikkei staff writer

TOKYO -- As COVID-19 continues its devastating global rampage, countries are competing fiercely to secure vaccine supplies once they become available.

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