UAE’s health ministry officially registers Sinopharm COVID-19 vaccine
The UAE’s Ministry of Health and Prevention (MOHAP), has officially registered Beijing Institute of Biological Product’s inactivated COVID-19 vaccine as part of its efforts to combat the global pandemic.
The vaccine was registered upon request of Sinopharm CNBG.
UAE says Sinopharm vaccine has 86% efficacy against COVID-19
DUBAI (Reuters) - An experimental coronavirus vaccine developed by China’s Sinopharm has 86% efficacy against the virus, the United Arab Emirates health ministry said on Wednesday, citing an interim analysis of a human trial underway there.
The Gulf Arab state in July started Phase 3 clinical trials of the vaccine, developed by Beijing Institute of Biological Product, a unit of Sinopharm’s China National Biotec Group (CNBG). In September, the UAE approved its emergency use for certain groups.
The analysis also shows “99% seroconversion rate of neutralizing antibody and 100% effectiveness in preventing moderate and severe cases of the disease”, the ministry said in a statement carried by the state news agency.
“The analysis shows no serious safety concerns,” it said.
It also said it had officially registered the vaccine, without elaborating, and that 31,000 volunteers across 125 nationalities participated in the UAE trial.
seems like going up very slowly.. do not recommend for player who wants to hit jackpot, but good for people who believes in the future prospect of the company.. hopefully it cross 0.50 cent by end of the year.
United Arab Emirates Claims China’s Sinopharm Vaccine Is 100% Effective At Preventing Moderate And Severe Covid-19
TOPLINE The experimental vaccine developed by China National Pharmaceutical Group, also known as Sinopharm, is 86% effective at preventing Covid-19 infection and 100% effective at preventing severe and moderate disease, health officials from the United Arab Emirates announced Wednesday, although with scarce detail provided about the trial.
The UAE health ministry cited an interim analysis of a late-stage clinical trial involving 31,000 volunteers as the source of its information, though neither they nor Sinopharm provided any data from the trial to validate the claims such as how many participants were infected or how many actually received the vaccine.
The ministry said “no serious safety concerns” were observed, though, again, no information on side effects was provided.
The ministry said the announcement is a “significant vote of confidence by the UAE’s health authorities in the safety and efficacy of this vaccine.”
The ministry added that it had officially registered the vaccine at the request of the manufacturer, which it says could eventually lead to the shot’s widespread authorization.
looking at the projects on hand, and the potential revenue generated from the vaccine deal..it can be so much bigger than others. just don't understand why the price did not fly. May be the bosses haven't collect enough and don't want to let it take off yet?
although i don't own TG but this has to be the funniest comment ever. what is the value in an agreement for a distribution of something which has not been approved yet for use?
Yong Tai plan to raise RM90 mil through private placement to pay dues to main contractors of Impression Melaka and Impression U-Thant! So that tell a lot the company is in very poor financial health! The stock being goreng to let’s major shareholders to cash out some in open market!
All sophisticated vaccine investors should sincerely think of diversifying your portfolio
The top pick is Genting Berhad
Catalysts:
Vaccine FDA EUA (emergency use authorisation) and Full Approval Vaccine roll outs (UK, Russia; imminent US etc) Year end / CNY rally and Super Cycle Vaccine Malaysia approval/supply agreement/delivery/administering Resorts World Las Vegas & Resorts World Genting Theme Park US & Bahamas and UK & Egypt revival WHO / COVAX approves and distributes vaccines WHO declares pandemic over Border opening / international visitors Genting Plantations (CPO record high) Genting Power, Property, Oil & Gas (cyclical sector in an upcycle)
Yong Tai hopeless I got no confidence in this company...I got cheated they call buy then they run. got Money also don't buy this share careful everyone. Don't listen to rumours studies urself, got more rumours more dangerous run faster.
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....
Sharegod88
546 posts
Posted by Sharegod88 > 2020-12-09 14:52 | Report Abuse
big block at 0.360