Dynavax
and Coalition for Epidemic Preparedness Innovations (CEPI) join hands to develop
vaccines against Coronavirus (COVID-19)
India: Dynavax Technologies Corporation, a fully
integrated biopharmaceutical company specialized in developing and
commercializing novel vaccines, and Coalition for Epidemic Preparedness
Innovations (CEPI), a foundation that provides financial support to research
organizations and projects to develop vaccines against forthcoming diseases by
collecting donations from private, public and other organizations, have joined
hands to develop vaccines against the prevalent Coronavirus. Dynavax has
announced to provide one of its own toll-like receptors 9 (TLR9) agonist
adjuvant, CpG 1018 to initiate the development of vaccines against the highly
fatal and communicable COVID-19.
Chief Executive Officer of Dynavax stated,
“Dynavax’s mission is to develop and commercialize innovative vaccines to
prevent disease and support patients.” He further added, “We are proud to
support CEPI’s efforts to address this global public health emergency with our
advanced adjuvant technology.”
Previously, Dynavax also developed the
adjuvant CpG 1018 used in the vaccine HEPLISAV-B against the disease Hepatitis
B. The vaccine was approved by the U.S. Food and Drug Administration (FDA). CpG
1018 provides a significant safety database and an advanced technology
expediting the manufacture and development of COVID-19 vaccine on a large
scale.
The previous initiative of CEPI to
develop vaccines against COVID-19 led to the collaboration of Dynavax and the University
of Queensland, Australia. Dynavax will now be working with CEPI to coordinate
with the global entities researching and working on the development of vaccines
against the epidemic. The soul motive of the collaboration is to provide a
rapid immune response with the assistance of CpG 1018.
According to TechSci Research, this
collaboration is an initiative towards the development of vaccines against
COVID-19. The market of Dynavax is expected to reap high benefits from this collaboration,
as the vaccines developed will be circulated globally and will profit a huge
part of population. This initiative will hopefully reflect good results as it
will help control the fatal epidemic, whose outbreak has slowed down the global
economy and financial markets.
According to the published report by
TechSci Research, “Global Coronavirus
Diagnostics Market By Type of Test (Molecular v/s Serology), By User
(Single v/s Multiple), By Full Test Time (Less Than 60 Minutes, 1 Hours to 12
Hours, 13 Hours-24Hours, More Than 1 Days), By End User (Hospitals, Public
Health Labs, Private or Commercial Labs, Physician Labs, Others), By Region,
Forecast & Opportunities, 2025”, global coronavirus diagnostics market
is expected to grow at a formidable rate during the forecast period. The global
coronavirus diagnostics market is driven by increasing prevalence of this
disease across different parts of the globe. Additionally, lack of kits or
tests available to diagnose the disease is further expected to propel the
growth of market during the forecast years.
According to the recently published
report by TechSci Research, “Global Chloroquine
Market By Type (Injectables, Capsules, Tablets), By Route of Administration
(Oral v/s Intravenous), By Dosage (5mg, 500mg, 1000mg), By Application
(Arthrophlogosis, Malaria, COVID-19, Others), By Region, Forecast &
Opportunities, 2030”, global chloroquine market is expected to grow at a
formidable rate during the forecast period. Chloroquine is commonly available
in the market under the generic brand name Aralen. Several other formulations
of chloroquine are also available that are sold under different brand names. Chemically,
chloroquine is 7-chloro-4-[[4-(diethylamino)-1-methylbutyl] amino] quinoline
phosphate and is used for treatment of various diseases such as rheumatoid
arthritis, malaria, among others. The global chloroquine market is driven by
the increasing use of the drug for treating various diseases. Recently, it has
been identified though not approved by the FDA that the drug can be helpful in
the treatment of novel coronavirus disease. The clinical trials are going on,
but nothing has proved to be fruitful yet.