Health

Aid offered for development of homegrown COVID-19 vaccine

The Ministry of Health (MoH) on February 27 received 20 billion VND (866,620 USD) from conglomerate Vingroup for the clinical trials of homegrown COVID-19 vaccine COVIVAC.
Aid offered for development of homegrown COVID-19 vaccine ảnh 1At the handover ceremony (Photo: VNA)
Hanoi (VNA) - The Ministry of Health (MoH) on February 27 received 20 billion VND (866,620 USD) from conglomerate Vingroup for the clinical trials of homegrown COVID-19 vaccine COVIVAC.

The candidate vaccine is being developed by the MoH’s Institute of Vaccines and Medical Biologicals (IVAC).

Speaking at the handover ceremony, Minister of Health Nguyen Thanh Long spoke highly of the support of enterprises, organisations and individuals for Vietnam’s fight against the COVID-19 pandemic.

The first “Made-in-Vietnam” ventilators were produced under the collaboration of the ministry and Vingroup, he noted, adding that the machines have been provided to localities nationwide.

Vietnamese scientists have regarded vaccine development as the key factor to contain the pandemic, and the MoH has spared no efforts in the research for vaccine in order to be able to produce the vaccine as soon as possible.
Aid offered for development of homegrown COVID-19 vaccine ảnh 2Minister of Health Nguyen Thanh Long (L) speaks at the event (Photo: VNA)

The COVIVAC vaccine project has been rolled out since May 2020.
Results of pre-clinical trials affirmed its safety and efficiency, and the IVAC has been able to produce three batches of vaccine consisting between 50,000 and 10,000 doses each.

Clinical trials of the vaccines are projected to start this March and complete by October, said IVAC Director Dr Duong Huu Thai. 

A dose may cost no higher than 60,000 VND and the vaccine is effective against emerging coronavirus SARS-CoV-2 variants originated from the UK and South Africa, he affirmed. 

Meanwhile, the third domestic candidate vaccine VABIOTECH  developed by the Company for Vaccine and Biological Production No 1, is also set to enter clinical trials in the coming time./.

VNA
#COVID-19 #Ministry of Health #COVID-19 vaccine COVIVAC #candidate vaccine #Minister of Health Nguyen Thanh Long #homegrown vaccines #Vingroup #vietnamplus #vietnam news agency
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