The Bill & Melinda Gates Foundation has awarded two new grants to CureVac, a German biopharmaceutical firm, to support the development of mRNA-based vaccines for the prevention of influenza and malaria infections.

Set to utilise CureVac’s RNActive prophylactic vaccine technology, the new programmes will aim for a universal flu vaccine that will shield from all influenza A strains over the long-term.

This vaccine is expected to replace the seasonal vaccine, removing the need for a new flu vaccine every year.

In addition, a new mRNA vaccine will be developed to provide protection from Plasmodium falciparum malaria parasite, which is believed to pose the greatest threat.

CureVac co-founder and CEO Ingmar Hoerr said: “Successfully exploring the potential of the mRNA platform for development of a universal flu vaccine would be a consequential achievement, benefitting much of the world’s population.

“Our mRNA platform enables the cost-effective and fast manufacturing of vaccines to prevent these and other serious diseases, potentially making a difference in the lives of millions of people around the world.”

“Our mRNA platform enables the cost-effective and fast manufacturing of vaccines to prevent these and other serious diseases, potentially making a difference in the lives of millions of people around the world.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The new funding is part of an agreement signed between the firms in 2015, during which the Bill & Melinda Gates Foundation provided a $52m equity investment to advance the development of CureVac’s mRNA technology platform and support the construction of an industrial-scale production facility.

It is intended to aid development of new prophylactic vaccines for infectious diseases that disproportionately affect people in economically backward countries.

The terms of the ongoing partnership will see the availability of all Gates Foundation-funded products at an affordable price in such countries by CureVac, which can market them in developed countries on its own and/or through licensees.