IBOV 175,334.46 ▲ 0.74% IPSA 10,964.11 ▲ 0.12% IPC MEX 67,183.26 ▲ 1.20% MERVAL 3,305,316 ▲ 0.65% COLCAP 2,282.91 ▲ 0.37% BVL PERÚ 57,237.60 — — USD/BRL5.11▼ 0.05% USD/MXN17.46▲ 0.05% USD/CLP939.74▼ 0.97% USD/COP3,205▼ 0.36% USD/PEN3.40▼ 0.02% USD/ARS1,497▼ 0.03% USD/UYU40.15▲ 1.29% USD/PYG6,020▲ 1.46% USD/BOB11.32▲ 3.54% USD/DOP58.07▲ 0.90% USD/CRC449.99▲ 1.60% USD/GTQ7.62▲ 2.19% USD/HNL26.75▲ 1.51% USD/NIO36.62▲ 0.69% USD/VES740.95▼ 0.05% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.26% USD/TTD6.75▲ 1.35% EUR/BRL5.81▲ 0.50% BRENT 85.36 ▼ 3.40% WTI 80.36 ▼ 2.72% IRON ORE 161.91 — — COPPER 6.34 ▲ 0.02% GOLD 4,044 ▼ 0.76% SILVER 57.78 ▼ 1.18% SOY 1,209 — 0.00% CORN 475.25 ▲ 5.20% WHEAT 654.50 ▼ 0.83% COFFEE 312.35 ▼ 3.76% SUGAR 14.60 ▲ 0.14% ORANGE JUICE 141.40 ▼ 0.25% COTTON 79.94 ▲ 0.76% COCOA 5,298 ▼ 1.45% BEEF 218.30 ▼ 3.86% CATTLE 331.28 ▼ 4.07% LITHIUM 68.63 ▲ 1.21% PETR4 41.01 ▼ 2.84% VALE3 75.69 ▲ 0.60% ITUB4 42.69 ▲ 1.40% BBDC4 18.71 ▲ 1.24% ABEV3 15.86 ▲ 1.41% BBAS3 20.50 ▲ 0.74% B3SA3 15.72 ▲ 1.81% WEGE3 46.40 ▲ 0.89% PRIO3 55.71 ▼ 5.29% SUZB3 41.87 ▲ 0.07% RENT3 37.72 ▲ 2.25% AZZA3 17.11 ▲ 2.76% CSAN3 3.95 ▲ 3.95% RAIZ4 0.26 — 0.00% PCAR3 2.74 ▼ 1.79% GMAT3 3.83 ▲ 1.06% PSSA3 54.29 ▼ 0.89% CVCB3 1.36 ▲ 1.49% POSI3 3.52 ▼ 0.85% SLCE3 13.38 ▼ 1.91% NATU3 8.49 ▲ 1.31% BRKM5 6.08 ▼ 0.33% RANI3 7.93 ▼ 0.25% CSNA3 5.71 ▲ 6.53% CMIN3 5.80 ▲ 1.93% USIM5 8.61 ▲ 1.53% GGBR4 24.48 ▲ 0.91% ENEV3 25.47 ▲ 2.29% CPFE3 44.75 ▼ 0.75% CMIG4 11.17 ▲ 1.73% EQTL3 38.80 ▲ 1.20% LREN3 13.73 ▲ 3.47% VIVT3 36.11 ▲ 2.26% RAIL3 13.80 ▲ 1.69% KLABIN 17.68 ▲ 0.91% RAIA DROGASIL 18.17 ▲ 1.06% RDOR3 33.60 ▲ 0.66% HAPV3 10.19 ▲ 2.72% FLRY3 16.53 ▲ 1.66% SMTO3 14.67 ▼ 2.52% UGPA3 32.09 ▼ 1.90% VBBR3 34.50 ▼ 1.71% BBSE3 40.54 ▼ 2.29% BPAC11 55.55 ▲ 1.61% CURY3 30.39 ▲ 3.54% AERI3 2.05 ▲ 0.49% VIVARA 22.01 ▲ 2.75% COMPASS 25.30 ▲ 2.18% VAMOS 3.17 ▲ 0.63% SANB11 27.36 ▲ 3.87% ASAI3 8.11 ▲ 3.31% SBSP3 28.87 ▲ 1.73% WALMEX 48.52 ▲ 0.92% GMEXICO 209.50 ▲ 1.07% FEMSA 230.17 ▲ 3.68% CEMEX 21.37 ▲ 1.09% GFNORTE 196.59 ▲ 2.25% BIMBO 59.24 ▲ 1.59% TELEVISA 9.93 ▲ 1.22% AMX 22.49 ▼ 1.40% GAP 377.40 ▲ 0.10% ASUR 268.57 ▲ 0.30% OMA 228.74 ▲ 1.15% KOF 189.00 ▲ 5.35% GRUMA 267.85 ▼ 0.01% KIMBER 39.92 ▲ 0.71% SQM-B 64,650 ▼ 1.07% COPEC 6,249 ▼ 1.28% BSANTANDER 80.77 ▲ 1.83% FALABELLA 6,155 ▲ 2.75% ENELAM 85.89 ▲ 0.47% CENCOSUD 1,915 ▼ 2.20% CMPC 1,040 ▲ 1.41% BANCO CHILE 193.26 ▲ 0.08% LATAM AIR 24.60 ▲ 3.02% YPF 81,225 ▼ 0.95% GGAL 7,960 ▲ 0.89% PAMPA 5,475 ▼ 0.73% TXAR 675.00 ▲ 0.15% ALUAR 984.50 ▲ 1.29% TGS 9,710 ▼ 0.56% CEPU 2,383 ▲ 0.76% MIRGOR 16,825 ▲ 1.82% COME 42.46 ▲ 0.12% LOMA NEGRA 3,700 ▲ 2.49% BYMA 302.75 ▲ 0.75% TELECOM ARG 4,490 ▲ 2.51% ECOPETROL 15.80 ▼ 1.31% BANCOLOMBIA 87.93 ▲ 2.23% GRUPO AVAL 4.82 ▲ 0.84% CREDICORP 390.99 ▲ 0.66% SOUTHERN COPPER 179.32 ▲ 0.02% BUENAVENTURA 31.72 ▲ 2.62% MERCADOLIBRE 1,820 ▲ 1.02% NUBANK 14.53 ▲ 3.12% XP 16.74 ▲ 0.30% PAGSEGURO 9.38 ▲ 1.96% STONE 10.89 ▲ 1.21% GLOBANT 32.64 ▲ 4.28% TECNOGLASS 45.44 ▲ 0.31% GAP AIRPORT 216.27 ▼ 0.00% ASUR 268.57 ▲ 0.30% OMA AIRPORT 104.80 ▲ 1.32% AMX ADR 25.70 ▼ 1.19% FEMSA ADR 132.15 ▲ 3.96% CEMEX ADR 12.21 ▲ 1.24% PETROBRAS ADR 18.00 ▼ 4.10% VALE ADR 14.78 ▼ 0.07% ITAU ADR 8.37 ▲ 1.09% SANTANDER BR 5.44 ▲ 2.64% AMBEV ADR 3.07 ▲ 0.33% CSN 1.12 ▲ 3.70% GERDAU 4.83 ▲ 0.42% LATAM ADR 52.27 ▲ 4.23% BTC 63,409 ▼ 0.50% ETH 1,883 ▼ 0.42% SOL 73.34 ▼ 1.08% XRP 1.06 ▼ 0.85% BNB 565.39 ▼ 0.06% ADA 0.16 ▲ 1.27% DOGE 0.07 ▼ 0.19% AVAX 6.43 ▲ 0.53% LINK 8.32 ▼ 0.50% DOT 0.76 ▲ 0.35% LTC 46.30 ▲ 0.65% BCH 212.67 ▲ 0.45% TRX 0.33 ▲ 0.27% XLM 0.17 ▲ 0.06% HBAR 0.07 ▼ 0.41% NEAR 1.68 ▼ 0.32% ATOM 1.30 ▼ 0.17% AAVE 97.38 ▼ 0.48% SELIC 14.25% EMBRAER 86.90 ▲ 5.33% EMBRAER ADR 67.99 ▲ 4.71% JBS 13.55 ▲ 10.34% JBS BDR 69.23 ▲ 11.59% MBRF3 15.89 ▲ 7.08% MBRFY 2.96 ▲ 0.68% INTER 5.56 ▲ 5.10% EGX 53,919 ▲ 0.53% USD/ZAR16.75▼ 0.05% USD/NGN 1,361 — 0.00% NIKKEI 62,365 ▼ 3.95% CSI300 4,570 ▼ 2.83% HSI 25,311 ▲ 0.41% NIFTY 24,001 ▲ 0.02% KOSPI 6,024 ▼ 10.84% JCI 6,151 ▼ 0.57% USD/JPY163.81▲ 0.04% USD/CNY6.77▲ 0.01% DAX 25,462 ▲ 0.40% CAC 8,426 ▲ 0.24% FTSE 10,797 ▲ 0.14% MIB 52,060 ▲ 0.01% IBEX 19,787 ▲ 0.23% STOXX 645.17 ▲ 0.09% EUR/USD1.14▲ 0.05% GBP/USD1.33▼ 0.35% SPX 7,413 ▲ 0.02% DJI 52,210 ▲ 0.51% NDX 28,039 ▼ 0.32% RUT 2,948 ▲ 0.62% TSX 35,568 ▲ 0.56% VIX 19.20 ▲ 2.84% USD/CAD1.41▼ 0.09% US10Y 4.6410 ▼ 0.81% IBOV 175,334.46 ▲ 0.74% IPSA 10,964.11 ▲ 0.12% IPC MEX 67,183.26 ▲ 1.20% MERVAL 3,305,316 ▲ 0.65% COLCAP 2,282.91 ▲ 0.37% BVL PERÚ 57,237.60 — — USD/BRL 5.11 ▼ 0.05% USD/MXN 17.46 ▲ 0.05% USD/CLP 939.74 ▼ 0.97% USD/COP 3,205 ▼ 0.36% USD/PEN 3.40 ▼ 0.02% USD/ARS 1,497 ▼ 0.03% USD/UYU 40.15 ▲ 1.29% USD/PYG 6,020 ▲ 1.46% USD/BOB 11.32 ▲ 3.54% USD/DOP 58.07 ▲ 0.90% USD/CRC 449.99 ▲ 1.60% USD/GTQ 7.62 ▲ 2.19% USD/HNL 26.75 ▲ 1.51% USD/NIO 36.62 ▲ 0.69% USD/VES 740.95 ▼ 0.05% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.26% USD/TTD 6.75 ▲ 1.35% EUR/BRL 5.81 ▲ 0.50% BRENT 85.36 ▼ 3.40% WTI 80.36 ▼ 2.72% IRON ORE 161.91 — — COPPER 6.34 ▲ 0.02% GOLD 4,044 ▼ 0.76% SILVER 57.78 ▼ 1.18% SOY 1,209 — 0.00% CORN 475.25 ▲ 5.20% WHEAT 654.50 ▼ 0.83% COFFEE 312.35 ▼ 3.76% SUGAR 14.60 ▲ 0.14% ORANGE JUICE 141.40 ▼ 0.25% COTTON 79.94 ▲ 0.76% COCOA 5,298 ▼ 1.45% BEEF 218.30 ▼ 3.86% CATTLE 331.28 ▼ 4.07% LITHIUM 68.63 ▲ 1.21% PETR4 41.01 ▼ 2.84% VALE3 75.69 ▲ 0.60% ITUB4 42.69 ▲ 1.40% BBDC4 18.71 ▲ 1.24% ABEV3 15.86 ▲ 1.41% BBAS3 20.50 ▲ 0.74% B3SA3 15.72 ▲ 1.81% WEGE3 46.40 ▲ 0.89% PRIO3 55.71 ▼ 5.29% SUZB3 41.87 ▲ 0.07% RENT3 37.72 ▲ 2.25% AZZA3 17.11 ▲ 2.76% CSAN3 3.95 ▲ 3.95% RAIZ4 0.26 — 0.00% PCAR3 2.74 ▼ 1.79% GMAT3 3.83 ▲ 1.06% PSSA3 54.29 ▼ 0.89% CVCB3 1.36 ▲ 1.49% POSI3 3.52 ▼ 0.85% SLCE3 13.38 ▼ 1.91% NATU3 8.49 ▲ 1.31% BRKM5 6.08 ▼ 0.33% RANI3 7.93 ▼ 0.25% CSNA3 5.71 ▲ 6.53% CMIN3 5.80 ▲ 1.93% USIM5 8.61 ▲ 1.53% GGBR4 24.48 ▲ 0.91% ENEV3 25.47 ▲ 2.29% CPFE3 44.75 ▼ 0.75% CMIG4 11.17 ▲ 1.73% EQTL3 38.80 ▲ 1.20% LREN3 13.73 ▲ 3.47% VIVT3 36.11 ▲ 2.26% RAIL3 13.80 ▲ 1.69% KLABIN 17.68 ▲ 0.91% RAIA DROGASIL 18.17 ▲ 1.06% RDOR3 33.60 ▲ 0.66% HAPV3 10.19 ▲ 2.72% FLRY3 16.53 ▲ 1.66% SMTO3 14.67 ▼ 2.52% UGPA3 32.09 ▼ 1.90% VBBR3 34.50 ▼ 1.71% BBSE3 40.54 ▼ 2.29% BPAC11 55.55 ▲ 1.61% CURY3 30.39 ▲ 3.54% AERI3 2.05 ▲ 0.49% VIVARA 22.01 ▲ 2.75% COMPASS 25.30 ▲ 2.18% VAMOS 3.17 ▲ 0.63% SANB11 27.36 ▲ 3.87% ASAI3 8.11 ▲ 3.31% SBSP3 28.87 ▲ 1.73% WALMEX 48.52 ▲ 0.92% GMEXICO 209.50 ▲ 1.07% FEMSA 230.17 ▲ 3.68% CEMEX 21.37 ▲ 1.09% GFNORTE 196.59 ▲ 2.25% BIMBO 59.24 ▲ 1.59% TELEVISA 9.93 ▲ 1.22% AMX 22.49 ▼ 1.40% GAP 377.40 ▲ 0.10% ASUR 268.57 ▲ 0.30% OMA 228.74 ▲ 1.15% KOF 189.00 ▲ 5.35% GRUMA 267.85 ▼ 0.01% KIMBER 39.92 ▲ 0.71% SQM-B 64,650 ▼ 1.07% COPEC 6,249 ▼ 1.28% BSANTANDER 80.77 ▲ 1.83% FALABELLA 6,155 ▲ 2.75% ENELAM 85.89 ▲ 0.47% CENCOSUD 1,915 ▼ 2.20% CMPC 1,040 ▲ 1.41% BANCO CHILE 193.26 ▲ 0.08% LATAM AIR 24.60 ▲ 3.02% YPF 81,225 ▼ 0.95% GGAL 7,960 ▲ 0.89% PAMPA 5,475 ▼ 0.73% TXAR 675.00 ▲ 0.15% ALUAR 984.50 ▲ 1.29% TGS 9,710 ▼ 0.56% CEPU 2,383 ▲ 0.76% MIRGOR 16,825 ▲ 1.82% COME 42.46 ▲ 0.12% LOMA NEGRA 3,700 ▲ 2.49% BYMA 302.75 ▲ 0.75% TELECOM ARG 4,490 ▲ 2.51% ECOPETROL 15.80 ▼ 1.31% BANCOLOMBIA 87.93 ▲ 2.23% GRUPO AVAL 4.82 ▲ 0.84% CREDICORP 390.99 ▲ 0.66% SOUTHERN COPPER 179.32 ▲ 0.02% BUENAVENTURA 31.72 ▲ 2.62% MERCADOLIBRE 1,820 ▲ 1.02% NUBANK 14.53 ▲ 3.12% XP 16.74 ▲ 0.30% PAGSEGURO 9.38 ▲ 1.96% STONE 10.89 ▲ 1.21% GLOBANT 32.64 ▲ 4.28% TECNOGLASS 45.44 ▲ 0.31% GAP AIRPORT 216.27 ▼ 0.00% ASUR 268.57 ▲ 0.30% OMA AIRPORT 104.80 ▲ 1.32% AMX ADR 25.70 ▼ 1.19% FEMSA ADR 132.15 ▲ 3.96% CEMEX ADR 12.21 ▲ 1.24% PETROBRAS ADR 18.00 ▼ 4.10% VALE ADR 14.78 ▼ 0.07% ITAU ADR 8.37 ▲ 1.09% SANTANDER BR 5.44 ▲ 2.64% AMBEV ADR 3.07 ▲ 0.33% CSN 1.12 ▲ 3.70% GERDAU 4.83 ▲ 0.42% LATAM ADR 52.27 ▲ 4.23% BTC 63,409 ▼ 0.50% ETH 1,883 ▼ 0.42% SOL 73.34 ▼ 1.08% XRP 1.06 ▼ 0.85% BNB 565.39 ▼ 0.06% ADA 0.16 ▲ 1.27% DOGE 0.07 ▼ 0.19% AVAX 6.43 ▲ 0.53% LINK 8.32 ▼ 0.50% DOT 0.76 ▲ 0.35% LTC 46.30 ▲ 0.65% BCH 212.67 ▲ 0.45% TRX 0.33 ▲ 0.27% XLM 0.17 ▲ 0.06% HBAR 0.07 ▼ 0.41% NEAR 1.68 ▼ 0.32% ATOM 1.30 ▼ 0.17% AAVE 97.38 ▼ 0.48% SELIC 14.25% EMBRAER 86.90 ▲ 5.33% EMBRAER ADR 67.99 ▲ 4.71% JBS 13.55 ▲ 10.34% JBS BDR 69.23 ▲ 11.59% MBRF3 15.89 ▲ 7.08% MBRFY 2.96 ▲ 0.68% INTER 5.56 ▲ 5.10% EGX 53,919 ▲ 0.53% USD/ZAR 16.77 ▲ 0.16% USD/NGN 1,361 — 0.00% NIKKEI 62,365 ▼ 3.95% CSI300 4,570 ▼ 2.83% HSI 25,311 ▲ 0.41% NIFTY 24,001 ▲ 0.02% KOSPI 6,024 ▼ 10.84% JCI 6,151 ▼ 0.57% USD/JPY 163.83 ▲ 0.08% USD/CNY 6.7664 ▲ 0.18% DAX 25,462 ▲ 0.40% CAC 8,426 ▲ 0.24% FTSE 10,797 ▲ 0.14% MIB 52,060 ▲ 0.01% IBEX 19,787 ▲ 0.23% STOXX 645.17 ▲ 0.09% EUR/USD 1.1374 ▼ 0.01% GBP/USD 1.3302 ▲ 0.08% SPX 7,413 ▲ 0.02% DJI 52,210 ▲ 0.51% NDX 28,039 ▼ 0.32% RUT 2,948 ▲ 0.62% TSX 35,568 ▲ 0.56% VIX 19.20 ▲ 2.84% USD/CAD 1.4114 ▼ 0.05% US10Y 4.6410 ▼ 0.81%
since 2009
Tuesday, July 28, 2026

Latest News Life & Society

Why We Believe a Covid-19 Vaccine Will Be Found, When One for AIDS Has Not

By · May 16, 2020 · 4 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

RIO DE JANEIRO, BRAZIL – Will there be vaccines? This is certain. Will they be effective? We do not know that. For instance, a vaccine for HIV (the virus that causes AIDS) has also been developed, but it has never been successful. For SARS-Cov-2 (the virus that causes Covid-19) vaccines are currently being developed, and once they are tested we will be able to tell whether or not they work.

One must take into account that the minimum time needed to prove a vaccine's efficacy and safety is at least two years.
One must take into account that the minimum time needed to prove a vaccine’s efficacy and safety is at least two years. (Photo: internet reproduction)
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

What we currently know is that no person infected with HIV has ever healed naturally through their immune system, but in the case of the novel coronavirus infection, many people have overcome the disease through the action of their own immune system, which is the very mechanism that vaccines use to fight viruses.

Why, from a scientific standpoint, should we believe that vaccines against SARS-Cov-2 will be effective when HIV vaccines have not worked? The underlying reason for scientists’ optimism is that this virus, unlike HIV, has a much, much lower mutation rate.

The virus causing AIDS changes so much that it is said that a person infected with it not under treatment has millions upon millions of different viruses, because each virus in that person’s body contains variations. This is not just one type of virus, but rather multiple, very similar viruses, with minor differences between them.

And a vaccine would be required to be effective against each one of these small variations, which also change over time. Since its mutation rate is so high, the fact is that a vaccine for millions and millions of different viruses would be needed.

With coronavirus, these variations are lower because its rate of error introduction when replicating is much lower. And since it’s a much more genetically stable virus, it is thought to be easier. That still does not mean it cannot change over time. This is something we do not know. But having said that, it seems that the coronavirus causing Covid-19 will never have the mutation rates of HIV, because they are different families of viruses with different replication mechanisms.

HIV produces many errors because it needs to transcribe itself: from RNA it becomes DNA to incorporate into the cell genome. Retrotranscription is essentially what causes so many mutations to occur in the case of HIV. On the other hand, retrotranscription is a step that is not present in the novel coronavirus, an RNA virus that does not incorporate itself into the cell genome.

The process that the coronavirus uses to replicate lacks this step and introduces far fewer errors. That is why a preventive vaccine against HIV has turned out to be one of science’s greatest challenges, but in the case of coronavirus, there is more optimism.

That it produces fewer errors than HIV when replicating does not mean that the coronavirus does not change, because it is changing, but these changes are slower and more predictable. By being able to predict how a virus is going to change, there are more chances to design vaccines and treatments that might be useful not only for the virus we are seeing now but also for those we believe may come in the future.

But optimism is not a certainty. Clearly, there will be vaccines, but we don’t know if they will be effective. When will we know? It will take months.

First, its effect on animal models must be proven. These pre-clinical data are required before moving on to clinical trials, i.e. testing them on humans. At best, assuming that research was started earlier this year, one must take into account that the minimum time needed to prove a vaccine’s efficacy and safety is at least two years.

And this is a record time because vaccines usually take five to ten years to reach the market and be employed. It is true that, in this case, one is talking about a year or eighteen months,  but it seems that before eighteen or even 24 months, this is virtually impossible.

In some cases, with vaccines that have been used before in pre-clinical models and are known to be safe, some steps are being skipped, but there is a stage that is the first and second, the stages in which safety and efficacy in humans are tested, which requires a study in a number of people over time to determine with certainty that they are safe. And there is no way to do that other than to allow that safety time to pass.

It can be reduced, but that entails risks. As a society we can accept such a risk, considering that we are in a very difficult situation and we probably will accept it, but these stages are designed to ensure that the treatments and vaccines reaching people are as safe as possible, and it is very important to respect that order and that pace, within which it is necessary to do everything possible to achieve a solution as soon as possible. But there are times that cannot be reduced, and to do so would not be a good idea.

Source: El País

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.