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October 21, 2020

Symvivo to develop Covid-19 oral vaccine candidate with new funding

Symvivo is set to receive advisory services and funding of up to $2.8m to support the clinical advancement of a vaccine candidate to prevent Covid-19.

Symvivo will be receiving advisory services and funding of up to $2.8m to support the clinical advancement of a vaccine candidate to prevent Covid-19.

Free Whitepaper
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What is the impact of China’s Zero-COVID lockdowns on economic activity, consumer goods and the foodservice industry?

While wanting to protect the country from being overwhelmed by Omicron, China’s adherence to a Zero-COVID policy is resulting in a significant economic downturn. COVID outbreaks in Shanghai, Beijing and many other Chinese cities will impact 2022’s economic growth as consumers and businesses experience rolling lockdowns, leading to a slowdown in domestic and international supply chains. China’s Zero-COVID policy is having a demonstrable impact on consumer-facing industries. Access GlobalData’s new whitepaper, China in 2022: the impact of China’s Zero-COVID lockdowns on economic activity, consumer goods and the foodservice industry, to examine the current situation in Shanghai and other cities in China, to better understand the worst-affected industry sectors, foodservice in particular, and to explore potential growth opportunities as China recovers. The white paper covers:
  • Which multinational companies have been affected?
  • What is the effect of lockdowns on foodservice?
  • What is the effect of lockdowns on Chinese ports?
  • Spotlight on Shanghai: what is the situation there?
  • How have Chinese consumers reacted?
  • How might the Chinese government react?
  • What are the potential growth opportunities?
by GlobalData
Enter your details here to receive your free Whitepaper.

The new DNA-based bacTRL-Spike temperature-stable vaccine candidate is available in oral capsule form.

DNA vaccines introduce an altered infectious agent component to provoke an immune response without causing an infection.

Setting itself apart from traditional vaccines, bacTRL-Spike allows individuals to self-administer the vaccine alleviating the need for a trained medical professional to deliver it with an injection.

Furthermore, it is possible to store capsules at room temperature.

The funding from the National Research Council Industrial Research Assistance Program (NRC IRAP) comes after Symvivo received a notification from the Government of Canada saying it had reviewed the company’s proposal.

Furthermore, the government said that the bacTRL-Spike vaccine candidate met the necessary scientific and technical thresholds for funding.

Symvivo president and CEO Alexander Graves said: “We are excited to receive this important funding from NRC IRAP for the development of our Covid-19 vaccine candidate.

“It is our hope that the promise shown with bacTRL-Spike in preclinical models, particularly its ability to generate a mucosal immune response, will continue in first-in-human trials.”

The company anticipates using the bacTRL platform to produce vaccines stored at room temperature and administered orally.

Symvivo plans to progress to the first Phase I trial of the bacTRL-Spike vaccine this quarter.

The company also received regulatory approval to initiate a Phase I first-in-human trial of the vaccine candidate.

It partnered with Australia-based Nucleus Network to initiate the trial evaluating the safety, tolerability and immunogenicity of the vaccine in healthy participants.

Related Companies

Free Whitepaper
img

What is the impact of China’s Zero-COVID lockdowns on economic activity, consumer goods and the foodservice industry?

While wanting to protect the country from being overwhelmed by Omicron, China’s adherence to a Zero-COVID policy is resulting in a significant economic downturn. COVID outbreaks in Shanghai, Beijing and many other Chinese cities will impact 2022’s economic growth as consumers and businesses experience rolling lockdowns, leading to a slowdown in domestic and international supply chains. China’s Zero-COVID policy is having a demonstrable impact on consumer-facing industries. Access GlobalData’s new whitepaper, China in 2022: the impact of China’s Zero-COVID lockdowns on economic activity, consumer goods and the foodservice industry, to examine the current situation in Shanghai and other cities in China, to better understand the worst-affected industry sectors, foodservice in particular, and to explore potential growth opportunities as China recovers. The white paper covers:
  • Which multinational companies have been affected?
  • What is the effect of lockdowns on foodservice?
  • What is the effect of lockdowns on Chinese ports?
  • Spotlight on Shanghai: what is the situation there?
  • How have Chinese consumers reacted?
  • How might the Chinese government react?
  • What are the potential growth opportunities?
by GlobalData
Enter your details here to receive your free Whitepaper.

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