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Clover Receives $38.9 Million CEPI Grant to Finish Development of COVID Vaccine

publication date: Nov 18, 2021

Chengdu Clover Biopharma received $38.9 million from CEPI to complete the development of its COVID-19 vaccine through market approval. With the latest funds, CEPI, the Coalition for Epidemic Preparedness Innovations, has earmarked almost $400 million to develop SCB-2019 (CpG 1018/Alum), one of CEPI’s largest investments in any COVID-19 vaccine company so far. Once the vaccine is approved, Clover will supply up to 414 million doses to the COVAX Facility for global distribution. More details....

Stock Symbol: (HK: 2197)

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