IIScincubated Mynvax to get funding to bring ‘warm’ Covid vaccine to market
- July 24, 2021
- Posted by: OptimizeIAS Team
- Category: DPN Topics
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IIScincubated Mynvax to get funding to bring ‘warm’ Covid vaccine to market
Subject : Science & tech
Context : Mynvax, a vaccine technology startup, incubated by the Society for Innovation and Development (SID) at the Indian Institute of Science, has signed an agreement to raise 4.2 million dollars.
Concept :
- A heat-tolerant COVID-19 vaccine formulation developed by the Indian Institute of Science (IISc) Bengaluru has proven effective against all current SARS-CoV-2 variants of concern, according to a study in animals.
- The research, published in the ACS Infectious Diseases journal on Thursday, showed the vaccine formulations by IISc-incubated biotech start-up Mynvax triggered a strong immune response in mice.
- The formulation also protected hamsters from the virus and remained stable at 37 degrees Celsius up to a month, and at 100 degrees Celsius for up to 90 minutes, the researchers said.
- The team, including researchers from Australia’s Commonwealth Scientific and Industrial Research Organisation (CSIRO), noted that most vaccines require refrigeration to remain effective.
- Vaccine also remained stable for up to a month at 37 degrees Celsius while at 100 degrees Celsius it remained stable for up to 90 minutes.