Coronavirus live updates: Sanofi working on vaccine with US health agency, Jaguar faces parts shortage

This is a live blog. Please check back for updates.

All times below are in Eastern time.

Total confirmed cases: More than 73,400
Total deaths: At least 1,874

Jaguar Land Rover only has enough auto parts from China to continue production in Britain for the next two weeks because of the impact of the coronavirus on its supply chain, the company’s CEO said Tuesday. Britain’s largest automaker, which has three factories in the U.K., has had to fly in parts from China in suitcases. Sales have come to a halt in China, and it is unclear when they will resume. The firm’s Chinese factory is slated to re-open next week. -Miller

Sanofi joins a list of about a dozen drugmakers that are working on a vaccine or anitviral treatment to combat the deadly virus. The French drugmaker is working with the Biomedical Advanced Research and Development Authority (BARDA) of the U.S. Department of Health and Human Services, it said. The company plans to further investigate an advanced pre-clinical vaccine candidate previously developed against the SARS virus in the early 2000s, which it believes could protect against the latest coronavirus. —Reuters

World Health Organization officials are holding a press conference at 10:30 am ET to update the public on the coronavirus outbreak. Watch here.

Walmart CEO Doug McMillon said it’s too early to tell what the effects of the coronavirus will be on the retailer’s financial results. “We are still operating our stores [in China]. Almost all of them are open … but operating on reduced hours,” with a focus on selling food and consumables, he said. Walmart’s current full-year forecast doesn’t include impacts from the virus. — Thomas

Source: https://www.cnbc.com/2020/02/18/coronavirus-latest-updates.html

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