As COVID-19 cases continue to steadily rise, the U.S. government awarded $1.4 billion to drive the development of new vaccines and therapies.
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00:00 The US government awarded more than $1.4 billion to start the development of new vaccines and therapies to fight COVID-19.
00:10 Meanwhile, here in New York City, health officials are saying that last week they saw a daily average of 672 cases.
00:18 As COVID-19 cases continue to steadily rise, the US government awarding $1.4 billion to drive development of new COVID-19 vaccines and therapies.
00:31 We're preparing for this fall's vaccine season because we know the respiratory viruses that are out there are going to hit.
00:38 And we're already beginning to see an increase in the number of COVID cases.
00:42 US Secretary of Health and Human Services Xavier Becerra making the announcement Tuesday, saying Americans could soon be able to get a new vaccine and booster.
00:53 We're already getting ready to roll out our fall vaccine to help Americans stay safe and be prepared for whatever's next.
01:01 Latest data published by the CDC showing that during the week of August 12, 12,613 people were hospitalized across the US, up more than 21% from the week before.
01:19 During the same week, 251 deaths were reported.
01:23 CDC advisory professor of medicine at Vanderbilt University, William Schaffner, telling Scripps News the people most vulnerable should keep their guard up.
01:33 The government funding announced Tuesday includes $300 million to drug manufacturer Regeneron to use in the development and testing of a new preventive antibody,
01:44 expected to help protect people who don't respond well to vaccines.
01:48 Four companies will receive $1 billion to lead clinical trials of COVID-19 vaccines.
01:55 In New York, I'm Maxwell Tercios, Scripps News.