The majority of the funding will go to Sanofi, which is developing the vaccine candidate based on recombinant protein-centric technology used in its influenza vaccine. Sanofi is partnering with GlaxoSmithKline to incorporate its adjuvant technology into the vaccine for improved efficacy.
More than half of the funding is apportioned for the vaccine’s development, and the rest will go to manufacturing costs and an initial supply of 100 million doses. The U.S. has the option to obtain an additional 500 million doses later on.
Sanofi, which received about $30 million from HHS in February for the vaccine’s development, plans to begin clinical trials in September and enter late-stage testing by the end of 2020. It hopes to seek regulatory approval during the first half of 2021.
More articles on pharmacy:
Michigan, Pennsylvania may ban drugmakers from giving gifts to physicians
US sending Texas hospitals 500 cases of remdesivir as COVID-19 cases surge
Operation Warp Speed: a timeline so far
Michigan, Pennsylvania may ban drugmakers from giving gifts to physicians
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
