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January 24, 2020updated 13 Feb 2020 10:29am

Coronavirus: Inovio and Moderna get CEPI funding to develop vaccine

The Coalition for Epidemic Preparedness Innovations (CEPI) granted funding to Inovio Pharmaceuticals and Moderna for the development of a vaccine against the new coronavirus that emerged in China last month.


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The Coalition for Epidemic Preparedness Innovations (CEPI) granted funding to Inovio Pharmaceuticals and Moderna for the development of a vaccine against the new coronavirus that emerged in China last month.

So far, the virus has killed nearly 25 people and infected 830 individuals.

Inovio will use the CEPI grant to carry out preclinical and clinical development through Phase I human testing of its vaccine candidate, INO-4800, matched to the new coronavirus strain.

The company will work with Wistar Institute, GeneOne Life Science unit VGXI and Twist Bioscience to develop the vaccine.

Moderna intends to develop a messenger RNA (mRNA) vaccine for the virus. The company will use the CEPI funding to manufacture the vaccine.

To design the vaccine, Moderna partnered with the Vaccine Research Center (VRC) of the National Institute of Allergy and Infectious Diseases (NIAID), part of the National Institutes of Health (NIH).

NIAID will perform investigational new drug (IND)-enabling studies and a Phase I clinical trial in the US.

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Navigate your business through the ‘new normal’

COVID-19 continues to dominate headlines the world over. It has already affected our lives forever. The way we work, shop, eat, seek medical advice, and socialize will all be different in the future. Quite how different remains to be seen, but all industries must plan for multiple eventualities.  Faced with an explosion of conflicting information on how to plan and implement successful recovery strategies, decision-makers are in dire need of a single, reliable source of intelligence.   GlobalData’s COVID-19 Executive Briefing gives you access to unparalleled data and insights to successfully navigate the uncertain road to recovery across the world’s largest industries. Understand every aspect of this disruptive theme by delving into: 
  •  COVID-19 infection update, with statistics on the spread, testing by country, as well as the latest data on vaccines and therapeutic developments 
  • Economic impact overview, covering stock market indices, GDP, unemployment rates, policy responses & GlobalData’s economic recovery scorecards 
  • Sector developments, with access to sector insight summaries, cross-sector indices and the leaders and laggards in each industry vertical 
Whatever your company’s imminent strategic plans, the long-lasting impact of COVID-19 must not be overlooked. Find out how to futureproof your business operations – download our report today. 
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