Aspen gets R523m from Gates Foundation, nonprofit to develop vaccines for Africa | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 61 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 80%

United States News News

United States United States Latest News,United States United States Headlines

JSE-listed pharmaceutical company Aspen will receive $30 million (R523 million) from the Bill & Melinda Gates Foundation and the Norway-headquartered Coalition for CEPI to help manufacture routine and outbreak vaccines for Africa. | News24_Business

JSE-listed pharmaceutical company Aspen will receive $30 million from the Bill & Melinda Gates Foundation and the Norway-headquartered Coalition for Epidemic Preparedness Innovations to help manufacture routine and outbreak vaccines for Africa.

The $15 million each from CEPI and the Gates Foundation is also expected to support a 10-year agreement between Aspen, which is the biggest medicine producer on the continent, and the Serum Institute of India, which aims to expand the supply and sourcing of vaccines manufactured in Africa. "We thank both CEPI and the Gates Foundation for their commitment to support regional manufacture for Africa. Their commitment, together with our partnership with Serum, is an important first step in ensuring expanded and enduring equitable access to a pipeline of medicines and vaccines manufactured in Africa for Africans," Aspen CEO Stephen Saad said in a statement on Monday.

"Aspen has a proven capability of being at the forefront of pandemic preparedness for the continent - from ARVs to Covid vaccines. This support will ensure we can continue to invest and expand our capacities, secure in the knowledge of future offtakes." In March the company signed a contract with Johnson & Johnson to manufacture and sell an Aspen-branded Covid-19 vaccine, Aspenovax, throughout Africa. It also packaged and filled vials of the US company’s vaccine at its plant in Gqeberha.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

_Business We dont want your killing vaccines.

_Business And exactly how many shares do they have in Aspen? Either as themselves or as trusts or as foundations? They are business people. They will make it back with interest.

_Business So they want to wipe out Africa first!

_Business Where is this going to be build? In Norway? Is Norway in Africa or they just send money there but facility will be in Africa? So JSE listed company but the money is in Norway? They tax it and we get the poison. Mmmmm

_Business And Bill Gates is giving 4 Billion to kill babies in Africa to reduce the population in Africa. He is not doing this because he loves people and wants to see people healthy. He is Mr Death. Cursed is his money

_Business From that money I would like to ask for my share then I will decide if I want a vaccine or something else 🤬

_Business Dear aspenpharma, Africa does not need financial aid to produce vaccines, especially aid from criminals like Bill Gates who's main aim is to annihilate the African population

siza_mhayise _Business Msunu ka bill gate. We will find solutions for Africa as Africans

_Business .....,..... and Cyril Ramaphosa will dig into it as usual again....!

_Business Still unjabbed and still healthy💪

_Business They are busy planning more plandemics

_Business Bill Gates, who so desperately wants to implement the NWO…no thanks! 🤮🤮

_Business I smell a rat 🐀

_Business There comes Medical industrial Complex, create a problem' Out break' and make money of the solution' Vaccines'

_Business Caveat emptor.

_Business Geeeez, never again bloody vaccines....

_Business drnathimdladla 😃😄

_Business Not consuming any drug from Aspen again...entlek imbiza nespeyt from here on forth😑

_Business Goodluck trying to inject Africans with that bs

_Business Wonderful news to hear. Doing what it is meant to do for this continent.

_Business We're in danger, no more aspen meds for me... the devils incarnates have infiltrated

_Business Cue the tinfoil hats

_Business Cry the beloved continent.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in US

United States United States Latest News, United States United States Headlines