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Tag: CureVac

  • American and German pharmaceutical firms join forces to produce coronavirus vaccine

    American and German pharmaceutical firms join forces to produce coronavirus vaccine

    The American pharmaceutical group Pfizer will collaborate with the major German drug producer BioNTech to develop a vaccine against the coronavirus. The collaboration is set to start immediately.

    Covid-19 vaccine (pic: businesschief.com)

    A vaccine that can be used to vaccinate people is considered to be the most effective way to stop the worldwide spread of COVID-19.

    The vaccine is being developed simultaneously in laboratories of the two companies in the United States and in Germany.

    American interest
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    The German government intervened to prevent the deal. Minister of Economic Affairs Peter Altmaier said that “Germany is not for sale” and that his government will do everything in its power to prevent the Americans from buying CureVac.

    The EU responded with a EUR 80 million financial injection into CureVac to accelerate the development of a vaccine.

    Pfizer and BioNTech will sell the vaccine worldwide except China. BioNTech also made a cooperation agreement yesterday with Shanghai Fosun pharmaceutical group which will be responsible with the distribution of the potential vaccine on the Chinese market. That company wants to test an experimental vaccine on humans at the end of April.

    Around 35 pharmaceutical companies and academic institutions worldwide are committed to developing as soon as possible a vaccine against the novel “severe acute respiratory syndrome coronavirus 2” (SARS-CoV-2) responsible for COrona VIrus Disease (COVID-19). It is believed that it will take at least another year and a half before a vaccine will be ready for the general public

  • Donald Trump wants German company to produce COVID-19 vaccine exclusively for Americans

    Donald Trump wants German company to produce COVID-19 vaccine exclusively for Americans

    The US government wants to buy the German biopharmaceutical firm CureVac which is developing a vaccine against COVID-19, reported the newspaper Die Welt citing sources close to the German government. President Donald Trump is allegedly willing to pay as much as $1 billion in order to secure exclusive rights for a potential coronavirus vaccine that aims at being produced only for the United States citizens.

    Coronavirus structure (wikimedia commons)

    Tübingen-based CureVac and the German government’s institute Paul-Ehrlich-Institut are working together to investigate the possibility of a vaccine for coronavirus.

    The Germans are trying to block the sale, but unlike the Paul-Ehrlich-Institut, CureVac is a private company. The German government is in intensive talks with CureVac and, according to Die Welt, is trying to keep the company in Germany by promising financial aid.

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    Vaccine “for the whole world”!

    On the other side CureVac said in a message on its website that the main focus is “the development of a mRNA-based coronavirus vaccine to protect people worldwide“. The company refrained from commenting on speculations and rejected allegations about offers for acquisition of their technology. Furthermore, the head of CureVac’s biggest investor said “we want to develop a vaccine for the whole world and not individual countries.”

    In early March, Daniel Menichella, then-director of CureVac, visited Washington for a personal meeting with Donald Trump. Nine days later, Menichella was suddenly replaced from his position without further explanation. His replacement is Ingmar Hoerr, the CureVac founder and company’s previous CEO.