AIRLINK 73.80 Decreased By ▼ -0.20 (-0.27%)
BOP 5.00 Decreased By ▼ -0.02 (-0.4%)
CNERGY 4.49 Increased By ▲ 0.07 (1.58%)
DFML 40.31 Increased By ▲ 1.11 (2.83%)
DGKC 86.39 Increased By ▲ 0.30 (0.35%)
FCCL 21.71 Increased By ▲ 0.06 (0.28%)
FFBL 34.40 Increased By ▲ 0.39 (1.15%)
FFL 9.88 Decreased By ▼ -0.04 (-0.4%)
GGL 10.77 Increased By ▲ 0.21 (1.99%)
HBL 113.80 Decreased By ▼ -0.09 (-0.08%)
HUBC 135.90 Increased By ▲ 0.06 (0.04%)
HUMNL 12.20 Increased By ▲ 0.30 (2.52%)
KEL 4.79 Decreased By ▼ -0.05 (-1.03%)
KOSM 4.59 Increased By ▲ 0.06 (1.32%)
MLCF 38.41 Increased By ▲ 0.14 (0.37%)
OGDC 135.20 Increased By ▲ 0.35 (0.26%)
PAEL 26.43 Increased By ▲ 0.08 (0.3%)
PIAA 19.24 Decreased By ▼ -1.56 (-7.5%)
PIBTL 6.74 Increased By ▲ 0.06 (0.9%)
PPL 122.48 Decreased By ▼ -0.52 (-0.42%)
PRL 27.51 Increased By ▲ 0.82 (3.07%)
PTC 14.43 Increased By ▲ 0.10 (0.7%)
SEARL 59.32 Increased By ▲ 0.20 (0.34%)
SNGP 68.85 Decreased By ▼ -0.65 (-0.94%)
SSGC 10.31 Decreased By ▼ -0.02 (-0.19%)
TELE 8.58 Increased By ▲ 0.08 (0.94%)
TPLP 11.36 Increased By ▲ 0.13 (1.16%)
TRG 64.60 Decreased By ▼ -0.25 (-0.39%)
UNITY 26.25 No Change ▼ 0.00 (0%)
WTL 1.34 No Change ▼ 0.00 (0%)
BR100 7,867 Increased By 16.3 (0.21%)
BR30 25,334 Decreased By -3 (-0.01%)
KSE100 75,373 Increased By 166.3 (0.22%)
KSE30 24,198 Increased By 55 (0.23%)

Sanofi and GSK said they had reached an agreement with Britain to supply it with up to 60 million doses of a potential COVID-19 vaccine, and that discussions with other governments were ongoing.

No vaccine has yet been approved to treat or prevent COVID-19, the respiratory disease caused by the new coronavirus which has killed more than 659,000 people and triggered economic havoc worldwide. Financial terms of the agreement were not disclosed. Sanofi and GSK, which had first teamed up in April, confirmed in a statement that regulatory approval for their vaccine could be achieved by the first half of 2021 if clinical data was to be positive.

The first clinical trials are expected in September.

The vaccine will be developed by combining Sanofi’s S-protein COVID-19 antigen and GSK’s pandemic adjuvant technology.

Adjuvants are efficacy boosters that play a vital role in many vaccines. An adjuvant is added to some vaccines to enhance the immune response, and has been shown to create a stronger and longer lasting immunity against infections than a vaccine alone.

Sanofi and GSK said other discussions with the European Union, Italy and France to supply their vaccine were ongoing.

Sanofi and GSK are hoping to clinch a deal soon to provide 300 million doses to the European Union.

Two sources told Reuters that negotiations stalled because the company wanted to secure an upfront payment for the entire stock while the EU would rather delay payments until the vaccine has passed large clinical trials.

Comments

Comments are closed.