Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

TOP NEWS: GlaxoSmithKline And Clover Team Up On Coronavirus Vaccine

Mon, 24th Feb 2020 09:30

(Alliance News) - GlaxoSmithKline PLC and Chinese firm Clover Biopharmaceuticals are to collaborate on a coronavirus vaccine candidate, the two partners announced on Monday.

Clover has entered a research collaboration deal with Glaxo concerning Clover's "protein-based coronavirus vaccine candidate" known as COVID-19 S-Trimer.

Under the deal, Clover said, Glaxo will provide its "pandemic adjuvant system" to Clover to evaluate S-Trimer in preclinical studies. Clover described Glaxo as "a leader in the development of innovative vaccines using different adjuvant systems".

When making a vaccine, an adjuvant can be added to cause an enhanced immune response. In this way, an adjuvant helps provide immunity that is stronger and last for longer compared to just the vaccine alone.

Thomas Breuer, chief medical officer of GSK Vaccines, said: "We are proud to contribute to cutting edge research from scientists at Clover Biopharmaceuticals in China as part of our strategy to make our adjuvant technology available to selected partners who have a promising vaccine candidate against the newly emerged coronavirus."

Breuer added: "The use of an adjuvant is of particular importance in a pandemic situation since it may reduce the amount of vaccine protein required per dose, allowing more vaccine doses to be produced and therefore contributing to protect more people."

Shares in Glaxo were down 1.9% at 1,626.00 pence in London on Monday morning.

By Anna Farley; annafarley@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

Related Shares

More News
Today 09:21

GSK's endometrial cancer drug receives FDA approval

(Sharecast News) - Drugmaker GSK said on Wednesday that the US Food and Drug Administration has accepted a supplemental Biologics License Application ...

Today 09:14

GSK's Jemperli with chemotherapy accepted for priority review by FDA

(Alliance News) - GSK PLC on Wednesday said that the US Food & Drug Administration has accepted a supplemental biologics licence application for Jempe...

17 Apr 2024 08:46

TOP NEWS: GSK hails data on Shingles vaccine and gonorrhoea treatment

(Alliance News) - GSK PLC on Wednesday reported new test data for its shingles vaccine and for a potential new oral treatment for a form of gonorrhoea...

17 Apr 2024 07:11

GSK posts promising results from gonorrhoea treatment trial

(Sharecast News) - GSK unveiled encouraging outcomes from a pivotal phase three trial on Wednesday, on the potential of gepotidacin as an oral treatme...

16 Apr 2024 09:17

GSK meningococcal vaccine accepted by US FDA for review

(Sharecast News) - GSK announced on Tuesday that its five-in-one meningococcal ABCWY (MenABCWY) vaccine candidate had been accepted for regulatory rev...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.