Four teams of researchers from the Columbia University will jointly develop potential antiviral drugs and antibodies against the novel coronavirus, according to the New York-based varsity.

The researchers will pursue four different approaches to develop drugs or antibodies that could prevent the virus from replication, Xinhua news agency reported citing the university as saying in a statement. Each approach will draw on prior knowledge and expertise that the scientists have gained while working on successful antiviral therapies against HIV and hepatitis C. The founding scientific director of the Aaron Diamond AIDS Research Center and professor of medicine at Columbia, is the leader of the joint effort.

He said the four approaches will lead to the development of a broad spectrum antiviral drug or antibody that could be effective against a wide range of current and future coronaviruses. "We're undertaking this work with a great sense of urgency because of the nature of the current coronavirus outbreak," he said, adding: "But we are also thinking ahead to what we may confront in the future." He said that the Columbia teams expect to move at least one protease inhibitor, one polymerase inhibitor, and one monoclonal antibody into clinical trials within a year.

The four teams will share a $2.1 million grant awarded by the China-based Jack Ma Foundation. As part of the project, the scientists will collaborate with academic researchers in China who are fighting to control the outbreak. "We are deeply grateful to the Jack Ma Foundation for their partnership and support as our scientists work to tame a contagion that has rapidly become a global threat," he added.

Disclaimer: Image used is for illustrative purposes only and does not represent a true or accurate depiction of the news report.