Bill Gates Says South Korean Firm Could Make 200 Million Vaccines by June
SK Bioscience, the South Korean pharmaceutical company backed by Bill Gates, may be capable of producing 200 million coronavirus vaccine kits by next June, the Microsoft Corp. co-founder said in a letter to South Korean President Moon Jae-in.
Gates is seeking to cooperate closely with South Korea, the presidential office in Seoul said Sunday, citing the July 20 letter, without elaborating on what else it said.
The U.S. billionaire's foundation gave $3.6 million in May to SK Bioscience to accelerate the development of Covid-19 vaccines. Besides working on its own vaccine candidates, the company is also one of the contract manufacturers tapped by AstraZeneca Plc to make its vaccine. The company declined further comment on Monday.
Developed with Oxford University, Astrazeneca's vaccine is in the third and last stage of human testing and is one of the front-runners in the global race for immunization.
Shares of SK Chemicals, which holds a 98% stake in SK Bioscience, jumped as much as 25% on Monday on the news of the company's vaccine-making capacity.
Hundreds of vaccines are being developed across the world to immunize against Covid-19 as it becomes increasingly clear that countries cannot safely re-open their economies and return to normal life without one. A handful of vaccines, include the Astrazeneca-Oxford one and two from China, are in the final stages of testing, raising hope that a shot can be available before the end of the year.
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TMC will be voted back to power in Bengal: Tejashwi Yadav
Patna (PTI): Leader of Opposition in Bihar assembly, Tejashwi Yadav, on Tuesday exuded confidence that the Mamata Banerjee-led TMC will again be voted to power in West Bengal.
Yadav returned to Patna after a four-day poll campaign in West Bengal.
“The atmosphere there is euphoric and people want to bring Didi (Mamata Banerjee) back to power. I am fully confident that the TMC will win the election,” he told reporters here.
He said that a large number of people from Bihar living in West Bengal share a lot of love and respect for Mamata Banerjee.
Responding to BJP’s allegations that the TMC had “ruined” West Bengal during its tenure, the RJD leader said the “entire country has been ruined under the Narendra Modi-led government”.
“I want to ask one question to Modi ji – you have been prime minister for more than 11 years, tell me one thing you have done for Bengal,” Yadav said.
The first phase of elections to the 294-member West Bengal assembly was held on April 23, while the second phase will take place on April 29. Votes will be counted on May 4.
