{"id":58247,"date":"2020-08-18T13:25:32","date_gmt":"2020-08-18T11:25:32","guid":{"rendered":"https:\/\/www.csregypt.com\/?p=58247"},"modified":"2020-08-18T13:25:32","modified_gmt":"2020-08-18T11:25:32","slug":"vaccine-maker-backed-by-bill-melinda-gates-soars-40","status":"publish","type":"post","link":"https:\/\/csregypt.com\/en\/vaccine-maker-backed-by-bill-melinda-gates-soars-40\/","title":{"rendered":"Vaccine maker backed by Bill & Melinda Gates soars 40%"},"content":{"rendered":"
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CureVac, a German biotech working on a Covid-19 vaccine that is backed by the Bill & Melinda Gates Foundation and has a manufacturing agreement with Elon Musk’s\u00a0Tesla\u00a0(TSLA<\/a><\/span>), soared again Monday after\u00a0more than tripling<\/a>\u00a0in its Wall Street debut Friday.<\/p>\n<\/div>\n

Shares of\u00a0CureVac<\/a>\u00a0were up about 40% Monday after its CEO Franz-Werner Haas\u00a0said in an interview<\/a>\u00a0with the German financial news site Boerse Online over the weekend that he was hopeful its vaccine will be approved by regulators early next year. Haas added that an “accelerated approval was possible” as well.<\/div>\n
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CureVac recently received approval from the governments of Germany and Belgium to start\u00a0clinical trials<\/a>\u00a0for one of its vaccines for Covid-19.<\/div>\n
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CureVac is also backed by billionaire Dietmar Hopp, the co-founder of German software giant\u00a0SAP\u00a0(SAP<\/a><\/span>).<\/div>\n
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Hopp owns nearly half of CureVac. The German government and Big Pharma leader\u00a0GlaxoSmithKline\u00a0(GSK<\/a><\/span>)also have big stakes in the company. The Bill & Melinda Gates Foundation invested $40 million in CureVac in 2015.<\/div>\n
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CureVac has a development and intellectual property agreement with Tesla since November 2015, according to\u00a0regulatory filings<\/a>\u00a0with the Securities and Exchange Commission.<\/div>\n
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CureVac, a German biotech working on a Covid-19 vaccine that is backed by the Bill & Melinda Gates Foundation and has a manufacturing agreement with Elon Musk’s\u00a0Tesla\u00a0(TSLA), soared again Monday after\u00a0more than tripling\u00a0in its Wall Street debut Friday. Shares of\u00a0CureVac\u00a0were up about 40% Monday after its CEO Franz-Werner Haas\u00a0said in an interview\u00a0with the German financial […]<\/p>\n","protected":false},"author":410,"featured_media":58248,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6031,984],"tags":[],"yoast_head":"\nVaccine maker backed by Bill & Melinda Gates soars 40% - Csr Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/csregypt.com\/en\/vaccine-maker-backed-by-bill-melinda-gates-soars-40\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vaccine maker backed by Bill & Melinda Gates soars 40% - Csr Egypt\" \/>\n<meta property=\"og:description\" content=\"CureVac, a German biotech working on a Covid-19 vaccine that is backed by the Bill & Melinda Gates Foundation and has a manufacturing agreement with Elon Musk’s\u00a0Tesla\u00a0(TSLA), soared again Monday after\u00a0more than tripling\u00a0in its Wall Street debut Friday. 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