fbpx
  • About
  • Advertise
  • Contact
Thursday, February 2, 2023
  • Login
WRITE FOR US
Economy.pk
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos
No Result
View All Result
Economy.pk
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos
Economy.pk
Home Business

Searle strikes a deal to make Covid vaccines in Pakistan

bySidra Butt
April 2, 2021
in Business, Health, Main, New
Reading Time: 2 mins read
0
Searle Chinese firm strikes a deal
52
SHARES
800
VIEWS
Share on FacebookShare on Twitter

On Thursday, A local pharmaceutical company has signed a deal with a Chinese giant that allowed it to supply and produce an upcoming Covid-19 vaccine in Pakistan.

This has emerged in a letter written by M/s Searle Company Limited to the Pakistan Stock Exchange, saying it had concluded an agreement with China’s Livzon Mapharm Inc. for manufacturing a novel coronavirus vaccine (V-01) in Pakistan.

RelatedPosts

PM Shehbaz Sharif Calls for Implementing Nationwide Solarization

Railway fares jacked up by eight percent

Sheikh Rashid arrested by Islamabad police in late-night raid

“Searle Company has concluded an exclusive licensing and supply agreement with Livzon Mapharm Inc. for the Recombinant Novel Coronavirus Vaccine (V-01). The licensing agreement also covers the manufacturing transition of (V-01) in Pakistan,” the company said.

The communique suggested that the vaccine was in the final phases of its trial which suggested promising results. The company expressed the hope that it would add value to the overall exercise against the pandemic.

“The Recombinant Novel Covid-19 Vaccine (V-01) developed by Livzon has shown promising results in phase 1 & Il clinical trial,” the letter said. “The phase Ill clinical study will include multiple countries and enroll more than 20,000 subjects, with the aim to evaluate the efficacy, safety, and immunogenicity of the V-01 program.”

The company said that among the many new Covid-19 vaccine projects being developed around the world, V-01 had many potential advantages such as a strong safety profile, high neutralizing antibody titer in vivo, long durability, and easy to scale up for manufacturing. “Searle is confident that in the existing pandemic, the relevant authorities will take up the matter on [an] urgent basis & support for fast-track approval to carry out phase III clinical trials in Pakistan,” it added.

Tags: Chinacovid 19Livzon MapharmPakistan Stock ExchangeV-01
Sidra Butt

Sidra Butt

Related Posts

PM Shehbaz Sharif Calls for Implementing Nationwide Solarization

PM Shehbaz Sharif Calls for Implementing Nationwide Solarization

According to prime minister, Shehbaz Sharif, the nationwide solarization initiative will prevent spending vital foreign currency on imported fuel. He...

Railway fares jacked up by eight percent

Railway fares jacked up by eight percent

Pakistan Railways on Wednesday announced to increase in railway fares following the recent hike in petroleum products across the country....

Next Post
deficit

Pakistan’s Trade deficit blows up to $2.968 billion in March

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

PM Shehbaz Sharif Calls for Implementing Nationwide Solarization

PM Shehbaz Sharif Calls for Implementing Nationwide Solarization

Railway fares jacked up by eight percent

Railway fares jacked up by eight percent

Sheikh Rashid arrested by Islamabad police in late-night raid

Sheikh Rashid arrested by Islamabad police in late-night raid

Pakistan Beat Palestine 11-3 in the Final of the West Asia Cup 2023 in Islamabad

Pakistan Beat Palestine 11-3 in the Final of the West Asia Cup 2023 in Islamabad

Prime Minister Shehbaz Sharif to Inaugurate K-3 Nuclear Power Plant Tomorrow

Prime Minister Shehbaz Sharif to Inaugurate K-3 Nuclear Power Plant Tomorrow

'First-ever' women-only pink bus service launched in Karachi

‘First-ever’ women-only pink bus service launched in Karachi

Connect with us

Twitter

Economy.pk

Economy.pk touches diverse topics with a lighter note and is geared toward audiences with various interests and all ages. Come and explore Economy.pk. Ample details and analysis are provided in extraordinarily readable manner making them compelling and interesting at the same time.

Category

  • World
  • Politics
  • Business
  • Technology
  • Education
  • Health
  • Life & Style
  • Opinions

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin

Sitelinks

  • Sitemap

Download our APP

download on android app download on apple app
  • About
  • Advertise
  • Contact

© 2023 All Rights Reserved Economy.pk | Designed & Developed by Digital Otters

  • VIDEOS
  • World
    • Europe
    • Americas
    • Asia
    • Oceania
    • Africa
    • Middle East
  • Finance
  • Politics
  • Business
    • Economy
    • Finance
    • Entrepreneurship
    • Real Estate
  • Technology
    • Cyber Security
    • Mobiles
    • Social Media
  • Education
  • Sports
  • Life & Style
    • Personalities
    • Art
    • Culture
    • History
    • Entertainment
    • Fashion
    • Food
    • Health
      • Environment
      • Fitness
  • Sponsored

© 2023 All Rights Reserved Economy.pk | Designed & Developed by Digital Otters

No Result
View All Result

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In