Chinese company Sinovac 99% hopeful that its COVID vaccine CoronaVac would work!
Ever since the COVID-19 Novel Corona Virus was declared a Pandemic, teams of researchers and scientists across the world have been racing against time to identify a potential cure or a vaccine for this! As of now, there are over a 110 vaccines which are in various stages of testing globally, with a few of them already in the human trial stage. Sinovac Biotech Ltd., a leading Chinese biopharmaceutical company has stated to the media that it is 99% hopeful that its vaccine CoronaVac would work effectively against the SARS-CoV-2 virus that causes the COVID-19! The CoronaVac is now in the stage 2 of clinical trials and more than 1000 volunteers are participating in this study.
Last month, the company revealed that the CoronaVac vaccine provides protection against the virus to Rhesus Macaque monkeys and this second stage would assess the immunogenicity and safety of the vaccine amidst the larger population. We also hear that Sinovac is in preliminary talks to conduct the final and 3rd stage trials in the UK. Sinovac is also said to be building a commercial vaccine production plant which can help manufacture up to 100 million doses of the vaccine, annually. The company has also obtained $15 million as funding to help accelerate the development of the vaccine. Stay tuned for updates...
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