With a population of 1.3 billion to draw from, more than four times as much as the population of the US, China has over 2.3 million in active service, with an additional 1.1 million as reserves and military police.
That adds up to 3.4m shots of vaccines! This augurs well for Solutn :-)
BRIEF-Solution Group Enters Into MoU With Cansino Biologics Inc. Aug 19 (Reuters) - Solution Group Bhd SOLUTN :
* SOLUTION GROUP BHD- ENTERED INTO MOU WITH CANSINO BIOLOGICS INC.
* SOLUTION-MOU FOR COLLABORATION ON POTENTIAL COVID-19 VACCINE BY CANSINOBIO & BEIJING INSTITUTE OF BIOTECHNOLOGY, ACADEMY OF MILITARY MEDICAL SCIENCES
* SOLUTION GROUP - SGB EXPECTS COLLABORATION WILL CONTRIBUTE POSITIVELY TO EARNINGS IN FUTURE
Source text for Eikon: Further company coverage: SOLUTN
News Russia approves Phase III trial of CanSino’s Covid-19 vaccine 3rd September 2020 (Last Updated September 3rd, 2020 07:36) Russia has granted approval for a Phase III clinical trial of China-based CanSino Biologics' Covid-19 vaccine candidate, developed with the Chinese military’s research arm.
Russia approves Phase III trial of CanSino’s Covid-19 vaccine Previous trial data showed that the vaccine candidate was safe and induced immune responses. Credit: fotoblend on Pixabay. Sign up here for GlobalData's free bi-weekly Covid-19 report on the latest information your industry needs to know.
Russia has granted approval for a Phase III clinical trial of China-based CanSino Biologics’ Covid-19 vaccine candidate, developed in alliance with the Chinese military’s research arm.
The Phase III trial of the Ad5-nCoV vaccine candidate has been launched in Moscow, following health ministry authorisation. CanSino will work with NPO Petrovax Pharm to conduct the trials in Russia.
A statement from the CanSino said: “The company is currently driving the international multi-centre phase three clinical trial for Ad5-nCoV and plans to conduct the clinical trial for Ad5-nCoV in several countries.”
The Russian approval comes after CanSino and the National Research Council (NRC) of Canada terminated their collaboration on the development of the vaccine.
Trials in Canada were expected to start in July but were cancelled after failing to receive vaccine shipments from China.
CanSino plans to test its vaccine candidate in multiple countries globally. The company expects to enrol a total of approximately 40,000 participants.
Last month, the company announced plans to initiate a Phase III trial of Ad5-nCOV in Saudi Arabia. This trial is set to enrol about 5,000 subjects. The vaccine candidate is made up of a harmless cold virus known as adenovirus type-5 (Ad5) to deliver genetic material from the coronavirus into the body.
Data from previous trials showed that the candidate was safe and triggered immune responses in most participants. CanSino conducted the first and second phase studies of Ad5-nCoV in China.
The first phase evaluated three different doses of the vaccine in 108 volunteers in China from 16 to 27 March while the second phase tested two doses in 603 subjects from 11 to 16 April.
Results revealed a favourable efficiency profile, with Covid-19 antibodies observed in the plasma of the participants. Few side effects were reported, primarily with low vaccine doses.
OTHERS REGISTRATION, MANUFACTURING AND COMMERCIALISATION AGREEMENT BETWEEN SOLUTION GROUP BERHAD ("SGB" OR "THE COMPANY") AND CANSINO BIOLOGICS INC. You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
.We refer to the Company’s announcements dated 19 August 2020, 24 August 2020, 27 August 2020 and 2 September 2020. The Board of Directors of Solution Group Berhad (“Board”) wishes to announce that our subsidiary, Solution Biologics Sdn Bhd (“SOLBIO”), had on 23 September 2020 signed a Registration, Manufacturing and Commercialisation Agreement (“the Agreement”) with CanSino Biologics Inc. (“CanSinoBIO”, SHSE: 688185, HKEX:06185).
Please refer to the attachment for further details.
Solution Group subsidiary signs agreement with CanSino to distribute novel coronavirus vaccine TheEdge Wed, Sep 23, 2020 03:38pm - 13 minutes ago
KUALA LUMPUR (Sept 23): Solution Group Bhd's subsidiary Solution Biologics Sdn Bhd and China-based CanSino Biologics Inc today signed a registration, manufacturing and commercialisation agreement, which will enable Solution Biologics to market and distribute in Malaysia the novel coronavirus vaccine developed by CanSino.
In a statement to Bursa Malaysia today, Solution Group said Solution Biologics will register with Malaysia's National Pharmaceutical Regulatory Agency to apply for the market authorisation certificate.
Solution Group said Solution Biologics "will establish a state-of-the-art fill and finish facility" to host a technology transfer for the filling, finishing and final quality control of CanSino's recombinant novel coronavirus vaccine.
The facility will be established at Solution Biologics' current premises at PT13796, Jalan Tekno Usahawan 2, Technology Park Malaysia in Bukit Jalil here.
"CanSino will collaborate with Solution Biologics in obtaining the necessary approvals [including the marketing authorisation] for the purposes of the registration and commercialisation of the product in Malaysia.
"Upon the product's registration, CanSino will be partnering with Solution Biologics in supplying to Solution Biologics of bulk product for further manufacturing (fill and finish) of the finished product, its final quality control release and its commercialisation by Solution Biologics in Malaysia," Solution Group said.
"Upon the successful implementation of the terms, interests and the intention of the parties as set out in the agreement, Solution Group expects the collaboration will contribute positively to its earnings in the future," Solution Group said.
At 3.14pm today, Solution Group's share price rose four sen or 5.8% to 73 sen for a market capitalisation of RM223.51 million. The stock saw some 107 million shares traded.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Dato Seri John Lu
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Posted by Dato Seri John Lu > 2020-09-23 09:11 | Report Abuse
Dumb dumb holding until RM3