Markets
SVA

Sinovac Begins Phase III Clinical Trials For COVID-19 Vaccine Candidate In Turkey

(RTTNews) - Sinovac Biotech Ltd. (SVA), a provider of biopharmaceutical products in China, said Tuesday it has recently commenced Phase III clinical trials for its inactivated COVID-19 vaccine candidate developed by Sinovac Life Sciences, or "CoronaVac," in Turkey.

The phase III clinical trial seeks to test efficacy and safety of CoronaVac in Turkey and aims to be a pivotal study to support the licensure of this product.

This case-driven, randomized, double-blinded and placebo-controlled phase III clinical trial uses an adaptive design, and all participants will be enrolled in a step-by-step basis.

In the first stage, 1,300 healthcare workers between the ages of 18 and 59 years will be randomly selected to receive two doses of vaccine or placebo at a two-week interval.

In the second stage, about 12,000 members of the general population between the ages of 18 and 59 years will be enrolled to receive two doses of vaccine or placebo at a two-week interval.

Sinovac noted that in recent months, its Phase I/II clinical trials of CoronaVac in adults and elderly volunteers were conducted in China's Jiangsu and Hebei Provinces on April 16th and May 22nd, respectively.

According to the company, the vaccine candidate appeared to be well tolerated for different dosage and no serious vaccine-related adverse events were reported, demonstrating a good safety profile for the vaccine candidate.

In addition to Turkey, Sinovac has partnered with several companies outside of China for phase III efficacy studies.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

SVA

Latest Markets Videos

RTTNews

Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.

Learn More