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Sinovac to Expand Production of COVID-19 Vaccine to 2 Billion Doses
Sinovac Biotech of Beijing plans to start a second manufacturing line for CoronaVac, the company's inactivated COVID-19 vaccine, with the goal of producing two billion doses this year. CoronaVac is approved for emergency use in
Sinovac will export semi-finished jabs to some countries, and help build local filling and packaging lines in importing countries to improve the production capacity and efficiency.
"Sinovac has received vaccine orders from
Mr. Yin said the pandemic requires Sinovac to respond in a humanitarian, rather than a strictly business manner, implying that Sinovac will supply the vaccine to countries at an affordable cost, though he did not give details.
Sinovac has conducted Phase III trials of CoronaVac in
The overall results show the vaccine is effective, Sinovac said. Although the 78% of Brazil is less than the mRNA vaccines from Pfizer/BioNTech and Moderna, which both produced a 95% efficacy, the Sinovac vaccine was better than flu drugs, which are approved if they are effective in 50% of recipients.
Sinovac's CoronaVac has the advantage of allowing shipping at higher temperatures than the Moderna and Pfizer’s vaccines, and it is much less expensive than they are. In China, CoronaVac was approved for emergency use in July, before the company concluded a large Phase III trial.
See our other articles on Sinovac.
Disclosure: none.
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