The Korea Times close
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
Business
  • Tech
  • Bio
  • Companies
Finance
  • Companies
  • Economy
  • Markets
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to President
  • Letter to the Editor
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
Entertainment
& Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
Sports
World
  • SCMP
  • Asia
Video
  • Culture
  • People
  • News
Photos
  • Photo News
  • Darkroom
  • The Korea Times
  • search
  • Site Map
  • E-paper
  • Subscribe
  • Register
  • LogIn
search close
  • The Korea Times
  • search
  • Site Map
  • E-paper
  • Subscribe
  • Register
  • LogIn
search close
Business
  • Tech
  • Bio
  • Companies
Sun, May 29, 2022 | 05:06
Bio
Nanocovax COVID-19 vaccine proven effective
Posted : 2021-12-20 16:17
Updated : 2021-12-20 16:28
Print Preview
Font Size Up
Font Size Down
Nanocovax's COVID-19 vaccine / Courtesy of HLB
Nanocovax's COVID-19 vaccine / Courtesy of HLB

By Baek Byung-yeul

Nanocovax, a COVID-19 vaccine developed by Vietnamese biotech company Nanogen, has received confirmation of its safety and effectiveness, paving its way to the global biopharmaceutical market, Korean biotech company HLB said Monday.

HLB, which acquired the global sales rights of Nanocovax's COVID-19 vaccine, said that an official from a Vietnamese public health authority told local media that the company's vaccine had exceeded the qualifications set by the World Health Organization (WHO).

"On the 17th of December, Trung Viet Dung, Chairman of Vietnam's National Ethics Committee under the Ministry of Health, stated in an interview with local news outlet PLO that 'Nanocovax's protective effect has exceeded 50%, the minimum protective effect set by the WHO,'" HLB said.

The chairman further elaborated, "Data on the Phase 3 interim results will soon be delivered to the Advisory Council for the Registration of the Circulation of Drugs and Medicinal Ingredients to proceed with Nanocovax's emergency approval procedure," and, "Vietnam's Ministry of Health will formally announce the outcome of the recent meeting in the foreseeable future."

Nanocovax is the only Vietnamese COVID-19 vaccine candidate conducting Phase 3 testing. In August, HLB said that Nanocovax is a recombinant protein subunit vaccine that has succeeded in increasing the antibodies of volunteers in the Phase 2 clinical trials by more than 60 times 35 days after the first injection, and by 34 times after three months.

According to local Vietnamese media, the Ethics Committee in Biomedical Research in Vietnam has reviewed Nanocovax's interim Phase 3 results and the committee unanimously agreed that Nanocovax has verified its safety and protective effects on Dec. 16. They have requested Nanocovax's Clinical Research Organization (CRO) to submit a final report by Dec. 22.

Nanogen had submitted an emergency use application to the Advisory Council earlier this year, but had been instructed to provide supplementary data regarding Nanocovax's protective effects. Approval by the Advisory Council had been placed on hold, due to the lack of direct data on its protective effects, but the data was finally secured recently when symptomatic COVID-19 cases began to emerge amongst participant groups administered with the vaccine and placebo.

"With the confirmation of Nanocovax's protective effects, the emergency approval procedures for the vaccine are expected gain speed," an HLB official said. Once Nanocovax receives approval from the Advisory Council, approval for emergency use will be officially announced by the health ministry.

Nanogen's Phase 3a trial on 1004 participants has confirmed an antibody response of 96.5 percent and a seroconversion rate of 99.2 percent, and Phase 3b trials on 13,000 patients have also been completed. Currently there are no known cases of serious side effects or anaphylaxis

HLB said that it plans to sign a formal agreement with Nanogen once the company's vaccine is officially approved for emergency use. NextScience, an affiliate of HLB, holds around a 10-percent stake in Nanogen and another HLB affiliate, HLB Pharma, and has established a collaboration with Nanogen for the development of pharmaceutical drugs for overseas markets.


Emailbaekby@koreatimes.co.kr Article ListMore articles by this reporter
 
  • Korean Mental Health: Stranger Things
  • Dutch Korean artist's project: The Mother Mountain Institute of Sara Sejin Chang
  • S. Korea's new COVID-19 cases below 20,000 for 3rd day as pandemic slows
  • Why Mario Outlet founder keeps buying houses of former presidents
  • KOICA launches interactive town in metaverse for overseas volunteer program
  • Union agress to resume late-night subway services in Seoul starting next month
  • 'Russia needs huge financial resources for military operations'
  • Uvalde school police chief faulted in shooting response
  • Former rhythmic gymnast Son Yeon-jae to wed in August
  • Koreans hit polls on last day of early voting for local elections
  • Korean films make splash at Cannes Film Festival Korean films make splash at Cannes Film Festival
  • From BTS to TWICE's Nayeon, K-pop hotshots prepare June releases From BTS to TWICE's Nayeon, K-pop hotshots prepare June releases
  • How did BTS become beacon of diversity and inclusion? How did BTS become beacon of diversity and inclusion?
  • K-pop band BTS and Biden to meet to discuss Asian inclusion, discrimination K-pop band BTS and Biden to meet to discuss Asian inclusion, discrimination
  • For new cultural policy for hallyu For new cultural policy for hallyu
DARKROOM
  • 75th Cannes Film Festival

    75th Cannes Film Festival

  • People in North Korea trapped in famine and pandemic

    People in North Korea trapped in famine and pandemic

  • 2022 Pulitzer Prize: Bearing witness to history

    2022 Pulitzer Prize: Bearing witness to history

  • Worsening drought puts millions at risk

    Worsening drought puts millions at risk

  • Our children deserve the best

    Our children deserve the best

The Korea Times
CEO & Publisher : Oh Young-jin
Digital News Email : webmaster@koreatimes.co.kr
Tel : 02-724-2114
Online newspaper registration No : 서울,아52844
Date of registration : 2020.02.05
Masthead : The Korea Times
Copyright © koreatimes.co.kr. All rights reserved.
  • About Us
  • Introduction
  • History
  • Location
  • Media Kit
  • Contact Us
  • Products & Service
  • Subscribe
  • E-paper
  • Mobile Service
  • RSS Service
  • Content Sales
  • Policy
  • Privacy Statement
  • Terms of Service
  • 고충처리인
  • Youth Protection Policy
  • Code of Ethics
  • Copyright Policy
  • Family Site
  • Hankook Ilbo
  • Dongwha Group