Sanofi, GSK launch final phase of COVID vaccine trials

The French pharmaceutical group Sanofi announced on May 27, 2021, the launch of large-scale trials for its main anti-Covid-19 vaccine project, developed with the British GSK. (AFP)
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Updated 27 May 2021
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Sanofi, GSK launch final phase of COVID vaccine trials

  • The companies hope to launch their vaccine by the end of 2021

PARIS: French pharmaceutical giant Sanofi and Britain’s GSK announced Thursday the start of final tests of their belated COVID vaccine as they race to add their jab to the world’s arsenal against the pandemic.

The companies reported positive results from interim human trials earlier this month after a disappointing outcome from initial studies last year left France without its own vaccine, denting national pride.

Sanofi and GlaxoSmithKline on Thursday started enrolment for Phase 3 of a clinical study that will include more than 35,000 adult volunteers at sites in the US, Asia, Africa and Latin America, the firms said.

The companies hope to launch their vaccine by the end of 2021 — one year after Pfizer and Moderna jabs were approved by regulators.

Sanofi and GSK will also study their vaccine’s ability to work as a booster shot in people who had previously received another vaccine.

The Phase 2 trials already showed a strong immune response after a single shot in participants who had previously contracted the coronavirus.

“We have adapted our vaccine development strategy based on forward-looking considerations as the virus continues to evolve, as well as anticipating what may be needed in a post-pandemic setting,” Sanofi executive vice president Thomas Triomphe said in a statement.

Like most of the other jabs in circulation, the Sanofi-GSK vaccine would require two doses.

The firms are combining a Sanofi-developed antigen, which stimulates the production of germ-killing antibodies, with GSK’s adjuvant technology, a substance that bolsters the immune response triggered by a vaccine.


Closing Bell: Saudi main index slips to close at 11,228 

Updated 15 February 2026
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Closing Bell: Saudi main index slips to close at 11,228 

RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Sunday, lost 23.17 points, or 0.21 percent, to close at 11,228.64. 

The total trading turnover of the benchmark index was SR2.99 billion ($797 million), as 170 of the stocks advanced and 82 retreated.    

On the other hand, the Kingdom’s parallel market Nomu gained 449.38 points, or 1.90 percent, to close at 24,093.12. This comes as 43 of the stocks advanced while 27 retreated.    

The MSCI Tadawul Index lost 6.07 points, or 0.40 percent, to close at 1,511.36.     

The best-performing stock of the day was Obeikan Glass Co., whose share price surged 7.54 percent to SR27.66.  

Other top performers included Alamar Foods Co., whose share price rose 6.80 percent to SR47.10, as well as Saudi Kayan Petrochemical Co., whose share price climbed 6.79 percent to SR5.66.   

Saudi Investment Bank recorded the steepest drop, falling 3.21 percent to SR13.56. 

Jahez International Co. for Information System Technology also saw its share price fall 3.15 percent to SR13.55. 

Rabigh Refining and Petrochemical Co. declined 2.78 percent to SR7.34. 

On the announcements front, Tanmiah Food Co. reported its annual financial results for the period ending Dec. 31. According to a Tadawul statement, the company recorded a net loss of SR18.8 million, compared with a net profit of SR95.8 million a year earlier. 

The net loss was mainly due to ongoing market challenges that resulted in continued pricing pressures in fresh poultry, inflationary cost pressures, higher financing expenses, and depreciation and ramp-up costs from new facilities, partially offset by increased production volumes and cost-optimization initiatives.  

Tanmiah Food Co. ended the session at SR58.20, up 3.72 percent. 

United International Holding Co., also known as Tas’heel, announced its annual financial results for the period ending Dec. 31. A bourse filing showed the company recorded a net profit of SR273.64 million in 2025, up 23.05 percent from 2024, primarily driven by a 23.4 percent rise in revenues. The revenue growth helped lift gross profit by 23.7 percent. 

Tas’heel ended the session at SR146.80, down 0.28 percent.