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Shares of CureVac have been up about 40% Monday after its CEO Franz-Werner Haas stated in an interview with the German monetary information web site Boerse Online over the weekend that he was hopeful its vaccine shall be accredited by regulators early subsequent 12 months. Haas added that an “accelerated approval was possible” as properly.
CureVac just lately obtained approval from the governments of Germany and Belgium to start out medical trials for one in every of its vaccines for Covid-19.
CureVac can also be backed by billionaire Dietmar Hopp, the co-founder of German software program large SAP (SAP).
Hopp owns almost half of CureVac. The German authorities and Big Pharma chief GlaxoSmithKline (GSK)even have massive stakes within the firm. The Bill & Melinda Gates Foundation invested $40 million in CureVac in 2015.
CureVac has a growth and mental property settlement with Tesla since November 2015, in response to regulatory filings with the Securities and Exchange Commission.
Musk tweeted final month that Tesla’s German Grohmann division helps construct molecule printers for CureVac — a “side project” that Tesla might broaden to incorporate different drug firms.
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