Sanofi, Glaxo join forces to develop coronavirus vaccine

first_imgTwo of the world’s biggest vaccine makers are joining forces to tackle the coronavirus as the number of confirmed infections approaches 2 million worldwide.Sanofi will combine its experimental coronavirus vaccine with GlaxoSmithKline Plc’s adjuvant technology, which may allow more doses of a shot to be produced, the companies said Tuesday. The drugmakers said they plan to start human trials in the second half of this year, with the goal of having a vaccine available by the second half of 2021 if the studies are successful.The collaboration brings together a pair of pharmaceutical giants with manufacturing might in the race to deliver a Covid-19 vaccine. Dozens of companies from Moderna Inc. to Johnson & Johnson, along with universities, are pursuing a shot to halt the rapidly spreading pathogen. Even if developers can meet a target of having a vaccine available in 12 to 18 months, there are concerns about whether they will be able to make enough doses. J&J said last month that it would begin a $1 billion-plus effort with the US government to develop and produce a vaccine. The company said it plans to begin building manufacturing capacity for a billion doses and could have some ready for emergency use as soon as January.Sanofi jumped into the fray in February, betting that earlier work in pursuit of a SARS vaccine could accelerate its effort. The Paris-based company joined with the US Biomedical Advanced Research and Development Authority, or BARDA, a government agency that funds R&D efforts for health threats.In a collaboration with the Coalition for Epidemic Preparedness Innovations, London-based Glaxo agreed the same month to share its know-how with other vaccine developers, starting with the University of Queensland in Australia.Adjuvants are added to some vaccines to enhance the immune response and create stronger protection. They may reduce the amount of vaccine protein required per dose, raising the likelihood of having a shot that can be produced in large quantities, Sanofi and Glaxo said.They also pledged in the statement to make any vaccine that is developed affordable and accessible worldwide.Topics :last_img read more

Read More
Czech SPO ups blanket tax on all gambling verticals

first_imgShare StumbleUpon Reform of the Czech Rep gambling marketplace appears to be further than ever before, as the nation’s Ministry of Finance publishes 2019 plans to increase taxes across all ‘vice sectors’.On 4 April, the Czech Finance Ministry submitted its proposals to the Senate, seeking to implement new tax plans ‘increasing public budget revenues’.The mandate hits Czech gambling stakeholders hardest, as the Ministry moves to impose a blanket 30% gross-gaming-revenue (GGR) tax across all gambling/betting verticals (lottery, sports betting, bingo, casino games).The Ministry’s hardened tax stance will likely dash hopes of the Czech government reforming its national gambling framework in 2019, moving to make its marketplace friendlier and more accessible for foreign operators/investors.Since 2016, the Milos Zeman SPO social democrat government has sanctioned one of Europe’s toughest regulatory and operating codes for operating gambling services.Introducing a 23% GGR betting tax and 35% GGR slots tax in 2017, the SPO government saw a number of international firms such as Fortuna Entertainment, William Hill and GVC Holdings exit the marketplace, with betting leadership branding Czech Rep as ‘simply unworkable’.Furthermore, the SPO government continues to require that all Czech online gambling consumers register their personal details through its administration and authorisation program.At present, The Stars Group’s BetStars and GVC Holdings’ partypoker brands remain as the market’s only foreign-licensed operators. GVC hires ‘comms pro’ Tessa Curtis to re-energise media profile  August 25, 2020 Share Related Articles SAZKA faces scrutiny following appointment of Flint Global as National Lottery advisor August 20, 2020 Submit Polish wagering report highlights STS market dominance  August 17, 2020last_img read more

Read More