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.
Other News
- Hanoi accelerating efforts to reduce new tuberculosis cases
- Hanoi aims for 94.5% health insurance coverage this year.
- Denmark helps Vietnam enhance primary health care
- Hanoi hospitals to ensure quality healthcare during Tet
- Vietnamese doctors master single-port endoscopy
- EU Green Education: Significant to biodiversity protection in Vietnam
- Health sector joins efforts against climate change
- Treatment abroad no longer necessary for Vietnamese heart patients: Minister of Health
- Hanoi to host ASEAN Cardiology Congress 2023
- WHO praises Vietnam’s public health achievement
Trending
-
Where do Vietnamese prefer to go for their next holiday?
-
Vietnam news in brief- April 19
-
Vietnam among Asia-Pacific's fastest growing economies: FedEx
-
Colorful stage shows in Hoan Kiem Lake pedestrian area
-
It happened as it had to happen
-
Hanoi street where dead appliances come back to life
-
Vietnam’s economy urged to rely on internal strengths to weather global uncertainties: ADB
-
Vietnam, Thailand advance realization of “Three Connections” strategy
-
MICHELIN Guide sets its sights on Vietnam’s central region