Scientists Rapidly Advancing Cancer Vaccine Prospects Using Same Technology as Covid-19 Shots
VANCOUVER, British Columbia, Sept. 17, 2021 /PRNewswire/ -- USA News Group - Using the same technology as their Covid-19 shot, scientists behind the University of Oxford and AstraZeneca PLC (NASDAQ:AZN) are getting closer to developing a therapeutic cancer vaccine, based on promising animal studies results. Based on the rapidly accelerating development of Covid-19 tech, expectations are rising in the field of oncology to keep pace, with a COTA survey reporting two-thirds (66%) of cancer patients and their close family members reporting disappointment or frustration with the progress of investigational cancer treatments. Thankfully, AstraZeneca isn't the only group in this fight, with several promising developments coming from other biotech firms, such as BioVaxys Technology Corp. (CSE:BIOV) (OTCQB:BVAXF), BioNTech SE (NASDAQ:BNTX), CureVac N.V. (NASDAQ:CVAC), and Moderna, Inc. (NASDAQ:MRNA).
- As well, as BioElpida is advancing preparations for GMP manufacturing of BVX-0918A, the preparation of the new manufacturing facility is ongoing and on schedule.
- "This major step is essentially a 'dry-run' for manufacturing the vaccine and preparation for GMP production,"said BioElpida President Gilles Devilliers.
- Researchers behind the AstraZeneca PLC (AZN) candidate have designed a two-dose cancer vaccine using the same viral vector technology used in its Covid-19 treatment.
- According to analysts , the mRNA cancer vaccine market is expected to boom to $127 billion at a CAGR of +28% between 2021-2028.