Govt won’t co-fund Sinovac's vaccine trial: Minister
Wednesday, 14 Oct 2020 16:34 pm
Reporter :

Health Desk- 14 October 2020: Government will not co-fund a late-stage domestic trial of a potential coronavirus vaccine developed by China’s Sinovac Biotech, health minister Zahid Maleque said on Tuesday.

His comments come weeks after Sinovac asked the Bangladesh government to co-fund the domestic trials, which sources said would cost roughly $7 million.

Sinovac informed the health ministry in a letter that a delay in approvals in Bangladesh had resulted in funding getting reallocated to trials in other countries.

‘We are not co-funding the trial. That was not in the agreement. They never asked for money when they approached us,’ Maleque said.

In the letter to the government from September, Sinovac also said it had sought funding for the trial from the Coalition for Epidemic Preparedness Innovations (CEPI) - a foundation backed by public funds and private philanthropy - but this had failed to come through.