Covid-19 roundup: CEPI injects $20.6M into Gritstone's push for a next-gen vaccine; Qualigen shelves its Covid-19 candidate after a failed IND
As the Delta variant drives a global surge in Covid-19 cases, the Coalition for Epidemic Preparedness Innovations (CEPI) is investing $20.6 million in Gritstone’s efforts to develop a second-generation vaccine.
The funds will support a Phase I study for two different constructs of Gritstone’s self-amplifying mRNA vaccine, which is designed to deliver a broad set of viral antigens beyond the spike protein. The trial is expected to launch by the end of this year, according to Gritstone. The company’s stock $GRTS was up more than 10% on Tuesday morning.
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