Moneycontrol PRO
Upcoming Webinar:Moneycontrol Pro in association with Quants League Sep'21 Edition brings to you to 5-Days Live Algorithmic Options Trading Virtual Conference. Register Now!
you are here: HomeNewsIndia

Covovax: Serum Institute may launch Novavax's COVID-19 vaccine in India by September, says CEO Adar Poonawalla

In September 2020, Novavax had announced a manufacturing agreement with the Serum Institute of India for its COVID-19 vaccine candidate NVX-CoV2373.

June 16, 2021 / 10:06 AM IST
Serum Institute India (SII) CEO Adar Poonawalla (File image: Twitter/@adarpoonawalla)

Serum Institute India (SII) CEO Adar Poonawalla (File image: Twitter/@adarpoonawalla)

The clinical trials of the COVID-19 vaccine 'Covovax' are in an advanced stage of completion in India, and the Serum Institute of India (SII) hopes to launch it by September, said its CEO Adar Poonawalla.

In September 2020, Novavax announced a manufacturing agreement with SII for its COVID-19 vaccine candidate NVX-CoV2373.

The trial of Novavax’s coronavirus vaccine in India is likely to conclude by November, said Poonawalla in talks with CNBC-TV18.

The pharmaceutical giant can apply for licensure of the vaccine even before its trial in the country concludes on the basis of the global data of trial, he told the news channel.

The vaccine candidate 'NVX-CoV2373' demonstrated 100 percent protection against moderate and severe disease, 90.4 percent efficacy overall, and met the primary endpoint in its PREVENT-19 pivotal Phase 3 trial, Novavax said in a statement on June 14. The study enrolled 29,960 participants across 119 sites in the US and Mexico to evaluate efficacy, safety and immunogenicity of the vaccine, it added.

Close

COVID-19 Vaccine

Frequently Asked Questions

View more
How does a vaccine work?

A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine.

How many types of vaccines are there?

There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine.

What does it take to develop a vaccine of this kind?

Vaccine development is a long, complex process. Unlike drugs that are given to people with a diseased, vaccines are given to healthy people and also vulnerable sections such as children, pregnant women and the elderly. So rigorous tests are compulsory. History says that the fastest time it took to develop a vaccine is five years, but it usually takes double or sometimes triple that time.

View more
Show

The Phase 3 trial data of the vaccine candidate from Novavax looks very promising, he said.

Also read | Explained: What Novavax data means to India, approval timelines, volumes and price

The CEO of SII, which is currently producing Oxford-AstraZeneca’s COVID-19 vaccine Covishield, also said that the company will launch Covovax by September if it receives the required regulatory nod.

The pharma company is also planning to start clinical trials of Covovax for children in July. It will soon apply to the drug regulator to approve the vaccine’s trial on children, Poonawalla added.

Novavax's coronavirus vaccine has demonstrated 93 percent efficacy against predominantly circulating variants of concern and variants of interest, Novavax said in the statement.

Follow our LIVE blog for the latest updates of the novel coronavirus pandemic

"Today, Novavax is one step closer to addressing the critical and persistent global public health need for additional COVID-19 vaccines. These clinical results reinforce that NVX-CoV2373 is extremely effective and offers complete protection against both moderate and severe COVID-19 infection," Novavax President and Chief Executive Officer Stanley C Erck said.

As per reports, the Novavax vaccine can be stored in standard refrigerators, making it easier to distribute. The vaccine was effective against several variants, including the one first detected in the UK that's dominant in the US, and in high-risk populations including the elderly and people with other health problems.

Follow our full coverage on COVID-19 here.
Moneycontrol News

stay updated

Get Daily News on your Browser
Sections
ISO 27001 - BSI Assurance Mark