Yong Tai announced on last Friday that it has signed deals with China-based Shenzhen Kangtai Biological Products Co Ltd (SZKT). Through this deal, the group will be SZKT's partner in Malaysia to conduct Phase III clinical trials and exclusive commercialisation of the Covid-19 vaccine. The group also added that it has entered into an advisory and service agreement with Klinsel Sdn Bhd in order to support the collaboration. This means Yong Tai appointed Klinsel as the contract research organisation for the proposed clinical study of the Covid-19 vaccine to be conducted in Malaysia.
Klinsel Introduction: Klinsel is a Malaysian CRO that provides efficient and cost-effective clinical research services to multinational pharmaceutical, biotechnology and medical device companies looking to outsource their late phase clinical development activities to Malaysia. The company was incorporated on 7 May 2009 and is one of the first local CROs in this region established in response to the increasing demands from both clinicians as well as the industry for high quality clinical research – on time and within budget.
Members of NCCR(National Committee of Clinical Research) - Dr. Sarojini Sivanandam(Klinsel Sdn Bhd)Wakil Contract Research Organization (CRO) Tempatan
Now, less CMCO, if want economy recovery fast, then Vaccine is the only solution, if too many people kena, hospital resources exhausted, how to recovery? Need more Vaccine.....unless the country wants slow, slow recovery.
Khairy clarified that any local company is allowed to negotiate with international companies to be their agent or distributor of Covid-19 vaccines in Malaysia.
"We cannot control if they want to make a commercial arrangement with other vaccine manufacturers from outside of Malaysia. But they must get the necessary approvals from Malaysia's regulators," he said
The current trend of stockholders is to speculate in vaccine stocks and then to speculate in glove stocks
Prices for all gloves start today, and it is expected that gloves will sell under pressure tomorrow, and then everyone will come back to speculate in vaccine stocks.
1)How long it need to register a product in Malaysia ya?
2)To register, do you need Malaysia clinical data ya? If need, how long a clinical trial will take ?
Health DG already announced :-
-The vaccine is an inactivated virus vaccine that is developed by the Institute of Medical Biology Chinese Academy of Medical Sciences (IMBCAMS) in Beijing (China). -on Dec 10, the Medical Research Ethical Committee (MREC) will look into the law and research ethics. Once approved, we can probably start the study by end of this month or next year,”
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Hengoredi
262 posts
Posted by Hengoredi > 2020-12-08 12:16 | Report Abuse
Dont expect much price movement these 2 days due to the heavy volume generated the last few days. Need to filter off contra players.