Sinovac Biotech seeks Bangladesh to co-finance trials for COVID-19 vaccine
Dhaka: Sinovac Biotech, the private Chinese pharmaceutical company that is planning to conduct mass trial of a coronavirus vaccine in Bangladesh, has sought the country's Sheikh Hasina government to co-finance the initiative, officials said on Sunday.
In a letter to the Bangladesh government on September 22, Beijing headquartered Sinovac Biotech said the phase 3 trials of the vaccine they are developing would be delayed until the Bangladesh government co-finances the testing initiative.
Bangladesh government gave the approval to Sinovac Biotech for the clinical trial of the vaccine in the country after examining all necessary research protocols, including effectiveness and safety issues.
Under the agreement, Bangladesh would get one lakh vaccines for free and get priority to purchase adequate quantum of vaccines from the Chinese company.
"They (Sinovac Biotech Ltd) sent a letter to Bangladesh government seeking co-financing for performing phase-3 human trial," Abdul Mannan, the health division secretary of Bangladesh, was quoted as saying in a report by the state-run BSS.
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