Anthony Fauci told CBS News Wednesday it's "possible to shave a couple of months off" his earlier projection that it would take 12–18 months until a novel coronavirus vaccine would be widely available. But he cautioned he didn't want to over-promise and it's "premature" to discuss vaccine trials' data "except to say there have been no glitches."

The big picture: The top U.S. infectious disease expert said the timetable for reopening economies would vary. "The success or failure of that rolling re-entry program ... would be the capability of being able to test, identify, isolate, get someone who is infected out of circulation and do a degree of contact tracing," he said.

"The absolute thing that you would need is to be able to respond and contain whatever rebound you get so that you don't wind up in a situation where you have another escalation."
— Fauci on CBS

Of note: Of note: Per Axios' Bob Herman, Moderna is testing its vaccine in humans, but it won't be widely available for at least 12 months and very possibly a lot longer — and that's if it's found to be safe and effective.

  • However, Moderna CEO Stéphane Bancel told Goldman Sachs its vaccine could possibly be used for emergency use for "some people, possibly including health care professionals, in the fall of 2020," and the company is scaling up production capacity to millions of doses per month, Herman notes.

Go deeper: What's next in the race for a coronavirus treatment

Editor's note: This story has been updated to clarify the timeframe for Moderna's vaccine.

Go deeper

Updated 36 mins ago - Health

World coronavirus updates

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Axios Visuals

France reported more than 2,500 new COVID-19 cases in 24 hours — the largest single-day number since May. French officials said the situation was "clearly worsening," per France 24.

By the numbers: Over 745,600 people have died of the novel coronavirus globally and over 20.4 million have tested positive, per Johns Hopkins. Almost 12.7 million have recovered from the virus.

Biden campaign raises $26 million in 24 hours after announcing Harris as running mate

Joe Biden and Kamala Harris. Photo: Olivier Douliery/AFP via Getty Images

Joe Biden's campaign announced on Wednesday that it raised $26 million in the 24 hours after revealing Sen. Kamala Harris as his vice presidential pick.

Why it matters: The cash influx signals that Harris has helped the Democratic presidential campaign pick up steam. Nearly 150,000 contributors were first-time donors, according to the campaign statement.

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Global: Total confirmed cases as of 7 p.m. ET: 20,456,016 — Total deaths: 745,600— Total recoveries: 12,663,206Map.
  2. U.S.: Total confirmed cases as of 7 p.m. ET: 5,190,948 — Total deaths: 165,883 — Total recoveries: 1,714,960 — Total tests: 63,252,257Map.
  3. Politics: Pelosi says Mnuchin told her White House is "not budging" on stimulus position.
  4. Business: U.S. already feeling effects of ending unemployment benefits.
  5. Public health: America's two-sided COVID-19 response America is flying blind on its coronavirus response.
  6. Education: New Jersey governor allows schools to reopenGallup: America's confidence in public school system jumps to highest level since 2004.