Speaking in the House of Commons, UK Health Secretary Matt Hancock stated that in a best-case scenario, the country's coronavirus vaccine will be ready by Christmas.
"The best-case scenario remains a vaccine this year. Since the House last met [in July], trials have gone well," Mr. Hancock said.
The minister also noted that as Britain is still in a transition period following Brexit and the country still has to abide by EU laws and regulations, the ministers would change the law so as not to wait for European regulators to approve the vaccine.
In late August, the CEO of the Russian Direct Investment Fund (RDIF), Kirill Dmitriev, welcomed London's decision to revise its law and allow emergency use of any effective COVID-19 vaccine before it's fully licensed, if it meets the required safety and quality standards.
"The need for mechanisms for the accelerated registration of safe and effective drugs during a pandemic is gradually being understood in the West. British Prime Minister Boris Johnson spoke about the intention to amend local legislation today, although a few days ago the British media and experts spoke extremely negatively about the decision of the Russian Ministry of Health to register the world's first coronavirus vaccine, Sputnik V", Dmitriev stated.
Russia became the first country to roll out its coronavirus vaccine, developed by the Gamaleya Research Institute and dubbed Sputnik V, on 11 August.
Although the vaccine is still going through the last phase of clinical trials, as per the protocols of the World Health Organisation, Russian health officials have said it has proven that it has the capability to produce a stable immunity against the coronavirus. In late August, Russian President Vladimir Putin told the broadcaster Rossiya 24 that a second COVID-19 vaccine, developed by the Vector Research Institute, will be ready in September.