- The event has triggered a milestone payment of $25 million to Translate Bio.
- The Phase 1/2 trial will evaluate the safety, reactogenicity (tolerability), and immunogenicity (immune response) of MRT5500.
- Participants will receive either a single dose of the vaccine or two doses 21 days apart, while three dose levels (15µg, 45µg or 135µg) will be examined.
- Interim results are expected in the third quarter of 2021.
- Last month, Sanofi and GlaxoSmithKline Plc (NYSE: GSK) launched a new Phase 2 trial of an adjuvanted recombinant protein-based COVID-19 vaccine candidate, an attempt to revive their vaccine development efforts after a setback in December last year.
- Price Action: SNY shares are up 0.7% at $48.17, TBIO shares are up 3.20% at $24.85 in premarket trading on the last check Friday.
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