Vingroup and Arcturus Therapeutics team up to manufacture investigational Covid-19 vaccines
VinBioCare factory is being built in the Hoa Lac Hi-tech Park on the outskirts of Hanoi with an investment of over US$200 million.
The US-based Arcturus Therapeutics Holdings Inc. will collaborate with Vinbiocare Biotechnology Joint Stock Company, a member of Vingroup, to establish a manufacturing facility in
Under an agreement announced on August 2, Vinbiocare will build out a manufacturing facility in
Arcturus Therapeutics’ scientists study vaccines in the laboratory. Photo: ARCTURUS
Arcturus will allow Vinbiocare access to proprietary technologies and processes for the manufacture of Arcturus’ investigational Covid vaccines. Arcturus will provide Vinbiocare with an exclusive license to manufacture the vaccines in
“The license and technology transfer applies toward drug product manufacturing but not toward mRNA drug substance manufacturing. Technology transfer is underway,” according to a press release of the Arcturus Therapeutics Holdings Inc.
Vinbiocare will make an upfront payment of
Joseph Payne, President and CEO of Arcturus, said under the agreement the Vingroup’s subsidiary Vinbiocare, his holding would help build a manufacturing facility for Covid-19 vaccine candidates, targeting a capacity of up to 200 million doses per year.
“We are looking forward to having a meaningful role in providing effective and safe Covid-19 vaccine to
VinBioCare factory is under construction in the Hoa Lac Hi-tech Park on the outskirts of Hanoi, with an investment of over US$200 million. This is one of the five key projects having received the Hanoi authority's approval during the social distancing period in the capital city.
VinBioCare is projected to produce the first batches of vaccines by early 2022.
The country is working to speed up Covid-19 vaccination for its population of nearly 100 million. Some 5.5 million people have received one shot of the vaccine while nearly 550,000 have been completely immunized with two shots.
- Australia, Vietnam launch US$37M human resource program for 2021-2025
- Vietnam’s biggest Covid-19 makeshift hospital to be closed
- Vietnam to contribute US$5 million medical supplies to ASEAN
- Hanoi hospital lockdown ends
- Vietnam starts Covid-19 vaccine administration for children aged 12-17
- Vietnam strives to fully vaccinate 95% of adolescents against Covid-19
- Vaccines and treatment drugs - key solutions to fight Covid-19 in Vietnam
- Vietnam receives 740,000 Russian-made vaccine doses
- Vietnam successfully produces first batch of Russian Covid-19 vaccine
- Covid home treatment - a solution for Vietnam to safely live with Covid-19: UK experts
Raising public awareness remains key to lifting EC’s yellow card: Experts
Hanoians enjoy fresh air and sunlight at the weekend
Vietnam’s trade turnover projected to reach record high of US$600 billion in 2021
Mao Bookstore - the oldest bookstore in Dinh Le Street
Vietnam’s biggest Covid-19 makeshift hospital to be closed
UN Security Council holds emergency meeting over North Korea
“Banana” millionaires along Hanoi’s Red River
Vietnamese army required to intensify peacekeeping missions
Vietnam GDP growth predicted to hit 1.8% in 2021: VESS