MFDS Begins Approval Review for Novavax Vaccine Produced by SK Bioscience
Vaccine and syringe placed in front of the Novavax logo (Photo by Jenny Chah, Reuters)
View original image[Asia Economy Reporter Kim Heung-soon] The Ministry of Food and Drug Safety (MFDS) has begun the approval review for the U.S. Novavax COVID-19 vaccine produced by SK Bioscience.
The MFDS announced that SK Bioscience submitted an application for the manufacturing and sales approval of the Novavax COVID-19 vaccine on this day. The Novavax vaccine is one of the five vaccines the government plans to introduce and was developed for a two-dose regimen (28 days apart). Currently, the other four vaccines?AstraZeneca, Pfizer, Janssen, and Moderna?have already been approved domestically.
This vaccine is a 'recombinant protein vaccine' created using genetic recombination technology, developed by injecting the COVID-19 virus antigen protein into the body to generate antibodies. This method is also used in existing vaccines such as the hepatitis B vaccine and the cervical cancer vaccine.
Hot Picks Today
"You Might Regret Not Buying Now"... Overseas Retail Investors Stirred by News of Record-Breaking Monster Stocks' IPOs
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- Mistaken for the Flu, Left Untreated... Death Toll Surges as WHO Declares Emergency (Comprehensive)
- Iranian Stock Market Reopens After 80 Days Following War
- "How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces
The MFDS stated, "We will thoroughly review the submitted quality, non-clinical, clinical, and GMP (Good Manufacturing Practice) data, and after triple consultations with the COVID-19 vaccine safety and efficacy verification advisory group, the Central Pharmaceutical Affairs Deliberation Committee, and the final inspection committee, we will confirm the product's safety and efficacy before deciding on approval."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.