Providence Therapeutics and Everest Medicines announced that their COVID-19 vaccine, PTX-COVID19-B, has been recommended by an independent advisory group to be part of the Solidarity Trial Vaccines ("STV") clinical trial. PTX-COVID19-B is a potentially best-in-class lipid nanoparticle-formulated mRNA vaccine with strong immunogenicity and tolerability profiles. The STV is an international, randomized clinical trial designed to rapidly evaluate the efficacy and safety of promising new candidate vaccines. Vaccines are selected by an independent vaccine prioritization advisory group composed of leading scientists and experts based on pre-defined criteria, including their safety and proven potential for effectiveness, stability of the vaccine, whether they can be produced quickly for global distribution, and the ease with which they can be given to individuals.
"We are very excited to participate in the STV trial program and to address a global health crisis in collaboration with the WHO." says Brad Sorenson, CEO of Providence Therapeutics.
"The STV trial complements the joint efforts of Everest and Providence in generating a robust safety and immunogenicity data set design," added Kerry Blanchard, CEO of Everest Medicines. "We hope this can help accelerate approval with regulatory bodies around the world."
STV trials have started recruitment in selected sites in the Philippines, Mali, and Colombia. A principal investigator, nominated by the Ministry of Health in each country, will lead the national team in respective countries administrating the study. The trial will be sponsored by and paid for by WHO.
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