Moneycontrol PRO
HomeNewsTrendsBharat Biotech partners with CEPI to develop ‘variant-proof’ COVID-19 vaccine

Bharat Biotech partners with CEPI to develop ‘variant-proof’ COVID-19 vaccine

The international multidisciplinary consortium comprising Bharat Biotech International, the University of Sydney and ExcellGene SA, Switzerland will receive funding of $19.3 million to support the development of a ‘variant-proof’ coronavirus vaccine candidate.

May 10, 2022 / 18:14 IST
Bharat Biotech founders Dr Krishna Ella and Suchitra Ella.

India’s vaccine manufacturer Bharat Biotech along with an international multidisciplinary consortium will receive funding of $19.3 million to support the development of a ‘variant-proof’ coronavirus vaccine candidate.

The Coalition for Epidemic Preparedness Innovations (CEPI) announced the latest award under its $200 million programme to advance the development of vaccines that provide broad protection against SARS-Cov-2 variants and other beta coronaviruses.

The international multidisciplinary consortium will comprise Bharat Biotech International, the University of Sydney, Australia and ExcellGene SA, Switzerland.

“In this new vaccine design, modified trimeric spike immunogens will be produced in a robust and scalable process with high purity and yield at low cost, based on a biomanufacturing approach that has provided significant quantities of protein therapeutics to the world,” CEPI said in a release.

This strategy could also be used to enable rapid development of broadly protective vaccines against other beta coronaviruses, as well as vaccines against Disease X—unknown pathogens with pandemic potential that emerge in the future.

“BBIL has successfully commercialised a universal COVID-19 vaccine for adults and children. While the current generation of vaccines are safe and effective against currently known variants, it is imperative that we focus on innovation for multi-epitope vaccines, where a single vaccine can protect against all future variants. Our expertise in product development and innovation, especially with novel adjuvants and platform technologies will add to the strong partnership with CEPI, ExcellGene, and the University of Sydney,” Dr Krishna Ella, Chairman & Managing Director, BBIL said.

The award announced today is the ninth programme to be funded by CEPI to advance the development of vaccines that provide broad protection against SARS-CoV-2 variants and other beta coronaviruses.

Ayushman Kumar
Ayushman Kumar Ayushman covers health and pharma for MoneyControl
first published: May 10, 2022 06:14 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347
CloseOutskill Genai