Covid-19 roundup: CEPI pours $328M into Clover's vaccine; Former Shkreli company licenses potential treatment for $20M
After pouring $69.5 million into the development Clover Biopharmaceuticals’ Covid-19 vaccine, CEPI is back with another $250 million-plus to finish what it started.
The latest funding will bring CEPI’s total contribution to $328 million, propelling Clover’s protein-based S-Trimer vaccine candidate into a pivotal Phase II/III efficacy trial. Clover is lagging behind frontrunners like Moderna and Pfizer, which both began Phase III trials in July and said they could have the safety data necessary to apply for an EUA this month. Clover expects to begin its own Phase II/III trial this year, and is shooting for potential licensure in 2021.
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