HomeNewsTrendsHealthSerum Institute to be ready with coronavirus vaccine by 2022

Serum Institute to be ready with coronavirus vaccine by 2022

The statement said since the novel coronavirus has affected the lives of thousands of people on the planet, a preventive measure has become a necessity.

February 19, 2020 / 20:06 IST
Representative image

City-based Serum Institute of India (SII) on Wednesday said it expects to be ready with a vaccine against the novel coronavirus (COVID-19) by early 2022.

SII announced that a vaccine candidate for the novel coronavirus, which has killed more than 2,000 people in China since its outbreak in December-end, is expected to progress to human trial phase within the next six months.

"The vaccine candidate, developed by SII in partnership with American biotechnology firm Codagenix, has progressed to the pre-clinical test phase (the animal trial phase) and we hope to be ready with the vaccine by early 2022," SII CEO Adar Poonawalla said in a statement here.

"The combined efforts with the team at Codagenix have borne fruit and we hope to save millions of lives with this vaccine," he said.

The statement said since the novel coronavirus has affected the lives of thousands of people on the planet, a preventive measure has become a necessity.

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

"While several efforts have been made to finding a cure as well as in controlling the outbreak, this is the first vaccine-virus strain to progress to the pre-clinical trial phase," the company said.

The vaccine-virus strain is identical to the original virus and can generate a robust immune response, Poonawalla said.

The vaccine-virus strain will be the fastest such Made in India vaccine to progress to the human trials phase within six months, he said.

The cost of the project is up to Rs 300 crore, for which SII aims to secure external funding via various global partners, he said.

Poonawalla said they are in talks with several firms across the globe for potential partnerships.

"We are not excluding China as a potential site for our clinical trials. By August-end, we will have data on mice and primates to submit to regulatory authorities to enter into the human trials phase," he said.

SII is the world's largest vaccine manufacturer by a number of doses produced and sold globally, with more than 1.5 billion doses so far.

PTI
first published: Feb 19, 2020 07:55 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