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CureVac plans world late-stage Covid-19 vaccine trial in fourth quarter – Home Health Choices

Germany’s CureVac NV mentioned on Tuesday it has began a mid-stage research testing its experimental coronavirus vaccine and plans to start a decisive world trial with about 30,000 volunteers within the fourth quarter.

The firm’s U.S.-listed shares rose 10% to $49.66 in prolonged buying and selling.

CureVac has dosed the primary affected person with its experimental Covid-19 vaccine within the trial happening in Peru and Panama and expects knowledge on older adults within the fourth quarter.

The vaccine developer plans to begin the worldwide trial after knowledge from the continuing research.

CureVac is among the many many within the race to develop a vaccine for Covid-19, with rivals together with Novavax Inc and AstraZeneca already conducting late-stage trials of their potential vaccines.

CureVac bagged practically $300 million in funding from the German authorities earlier this month to hurry up work on its prototype Covid-19 vaccine and construct capability to provide it at scale.

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