FRANKFURT AM MAIN – German biotech firm CureVac announced today the start of final phase clinical trials for its coronavirus vaccine before seeking approval from regulators.
The company said more than 35,000 people will take part in the tests in Europe and South America.
"The first volunteer has been recruited," CureVac said in a statement.
Germany is battling an explosion of new coronavirus infections and is imposing a partial lockdown from Wednesday.
CureVac follows Germany's BioNTech, which has already gained approval in the US, Britain and Canada for its vaccine developed with US pharma giant Pfizer.
Both vaccines use a new technology based on mRNA. The process entails injecting a short sequence of viral genetic material to trigger an immune response by producing proteins acting against the virus.
CureVac launched second phases trials at the end of September with 690 volunteers in Peru and Panama. Results are expected to be published soon.
But Swiss pharma company Novartis today reported that phase three trials with its drug ruxolitinib had failed to show improvement when treating severe Covid-19 patients.
The drug, sold under the brand names Jakafi and Jakavi, is used to treat myelofibrosis.
The European Union has earmarked 225 million doses of CureVac's candidate with an option for 180 million more if it wins regulatory approval.
The company listed on the New York-based Nasdaq stock exchange this year and US$150 million (RM608 million) of the funds raised is pledged to develop the vaccine.
CureVac also made headlines in March with reports that President Donald Trump had sought to secure exclusive rights for the US to its potential vaccine.
Both the company and US officials denied the claim, but the reports sparked outrage in Berlin and prompted Economy Minister Peter Altmaier to declare "Germany is not for sale".
Britain launched a mass vaccination campaign last week using the BioNTech-Pfizer product and the US was due to kick off its programme today. – AFP, December 14, 2020
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