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    Senate Confirms Retired Chief of Defence Staff as Defence Minister

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    Cadbury Nigeria Plc Announces Retirement of Managing Director and Appointment of Interim MD

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    President Tinubu Pulls Police from VIPs, Approves 30,000 New Officers

    FG Closes 41 Unity Schools Amid Bandit Attacks

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    Nnamdi Kanu moved from DSS custody to Sokoto prison – Aloy Ejimakor

    Nnamdi Kanu moved from DSS custody to Sokoto prison – Aloy Ejimakor

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    Federal Government suspends 15% import tax on imported petrol

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    Eterna Plc proposes Rights Issue at ₦22. 00 per share

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    Greif Nigeria Plc nears final stage of its voluntary liquidation process

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    Nnamdi Kanu moved from DSS custody to Sokoto prison – Aloy Ejimakor

    Federal High Court fixes December 8 to hear Nnamdi Kanu’s transfer request from Sokoto prison

    Senate Confirms Retired Chief of Defence Staff as Defence Minister

    Senate Confirms Retired Chief of Defence Staff as Defence Minister

    Abubakar Badaru resigns as minister of defence

    Abubakar Badaru resigns as minister of defence

    Cadbury Nigeria Plc Announces Retirement of Managing Director and Appointment of Interim MD

    Cadbury Nigeria Plc Announces Retirement of Managing Director and Appointment of Interim MD

    Policeman kill driver over N100 bribe in Anambra

    President Tinubu Pulls Police from VIPs, Approves 30,000 New Officers

    FG Closes 41 Unity Schools Amid Bandit Attacks

    FG Closes 41 Unity Schools Amid Bandit Attacks

    Nnamdi Kanu moved from DSS custody to Sokoto prison – Aloy Ejimakor

    Nnamdi Kanu moved from DSS custody to Sokoto prison – Aloy Ejimakor

    Gunmen abduct unidentified man in Anambra state

    Gunmen Storm St. Mary’s Catholic School Niger State, Abduct Unknown Number of Pupils and Teachers

    Nnamdi Kanu Lists Wike, Hope, Sanwo Olu and others as Witnesses in Terrorism Trial

    Federal High Court sentences Nnamdi Kanu to Life imprisonment

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    All diaspora remittances must be received by beneficiaries in foreign currency only – CBN

    CBN Rolls Out New Cash Rules, Sets Fresh Withdrawal Limits for 2026

    Nigeria Wins €185.7m Arbitration on Ajaokuta Steel Contract

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    Headline Inflation in Nigeria rose to 22.04% in March

    Nigeria’s inflation eases to 16.05% in October 2025

    President Buhari hikes Petrol Price to N212 per litre through the PPPRA

    Federal Government suspends 15% import tax on imported petrol

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    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

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    CBN Tightens Agent Banking Operations, Introduces Transaction Limits

    CBN Tightens Agent Banking Operations, Introduces Transaction Limits

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    • Economic Data
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    • Companies
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    Lasaco Assurance Plc announces delay in share reconstruction

    Lasaco Assurance Plans Major Capital Raise — Shareholders to Decide on December 9

    Airtel Africa  Announces Total Voting Rights

    Airtel Africa Announces Total Voting Rights

    NNPC releases retail prices of Dangote petrol nationwide,  says it bought at $0.52/L

    NNPCL Posts ₦5.07tn Revenue, ₦447bn Profit Even as Production Hits 10-Month Low

    Ekiti State Government sales stake in Wema Bank Plc

    First HoldCo Completes 100% Sale of FBNQuest Merchant Bank to EverQuest

    Eterna Plc proposes Rights Issue at ₦22. 00 per share

    Eterna Plc proposes Rights Issue at ₦22. 00 per share

    Cadbury Nigeria Plc Announces Retirement of Managing Director and Appointment of Interim MD

    Cadbury Nigeria Plc Announces Retirement of Managing Director and Appointment of Interim MD

    Delisting of Access Bank Plc and listing of Access Holdings Plc

    Access Holdings Announces Extraordinary General Meeting to Approve ₦40bn Private Placement

    Presco Plc Clarifies Secure Land Rights for Ologbo Estate After False Revocation Report

    Presco Plc Clarifies Secure Land Rights for Ologbo Estate After False Revocation Report

    FY 2020: Fidelity Bank Plc reports decline in both gross earnings and profit

    Fidelity Bank Plc Gross Earnings Cross ₦1.1 Trillion, Profit drops to ₦211.7bn in Q3 2025

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    Ecobank Lists Additional 5.3 Billion Ordinary Shares on NGX

    Greif Nigeria Plc nears final stage of its voluntary liquidation process

    Greif Nigeria Plc Completes Liquidation, Shareholders Receive Final ₦9 Per Share Payout

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    FGN Opens Subscription for December 2025 Savings Bonds at 13.538% and 14.538%

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

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    Wema Bank Plc lists 4.5 billion new shares offered through private placement

    FG lists 4 border points in Ukraine Nigerians can cross to safety

    Trans-Nationwide Express Rights Issue: Trading Activated on NGX

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    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

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Covid-19 Vaccine Trial by Pfizer show signs of hope

17 vaccines are under clinical evaluation while 132 candidate vaccines in preclinical evaluation according to the World health organization.

Thursday, 2 July 2020, 1:43 pm
in News, World
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Covid-19 Vaccine Trial by Pfizer show signs of hope
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In the months since the novel coronavirus rose from a regional crisis to a global threat, drug makers and scientists around the world both large and small have scrambled to advance their best ideas in order to twart the crisis the world finds itself in.

Some are taking a cue from older antivirals. Some are tapping tried-and-true technologies, and others are pressing forward with futuristic approaches to human medicine as the race for vaccine development continues.

The confirmed cases of Covid-19 in Nigeria continue to rise, with 790 new cases added to the tally on Wednesday by the NCDC. Total of 26,484 cases have been confirmed in the country with, 10,152 recoveries and 603 deaths recorded. Recovery rate and death rate are 38.33% and 2.27%.

Although several cases and deaths remain unrecorded due to insufficient number of testing in Nigeria.

In Africa, 414,011 cases have been confirmed with 10,260 deaths and 195,729 recoveries according to Africa Centre for Disease Control and Prevention. Recovery rate and death rate in Africa are 47.28% and 2.48% respectively.

Globally, 10,716,063 people have been infected, with largest number of cases confirmed in the U.S. The country has recorded 2,686,587 cases according to John Hopkins Coronavirus Resource Centre.

516,726 people have lost their lives to the virus, whereas 5,499,628 persons have recovered globally. With the death rate at 4.82% and recovery rate at 51.32%.

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Hope for Vaccine

A potential COVID-19 vaccine being developed by Pfizer and BioNTech which spurred immune responses in healthy patients, was reported on Wednesday.

The study of the vaccine was conducted between 04 May 2020 and 19 June 2020, in the United States, in which 45 participants were randomized and vaccinated.

The study population consisted of healthy male and nonpregnant female participants with a mean age of 35.4 years (range 19 to 54 years); 51.1% were male and 48.9% were female. Most participants were white (82.2%) and non-Hispanic/non-Latino (93.3%).

Twelve participants received 10 μg dose, another 12 received 30 μg, and another 12 received 100 μg dose. Nine participants received placebo.

Nine of the participants were vaccinated with BNT162b1 on Days 1 and 21 and 12 participants received a 100 μg dose on Day 1.

Following a second injection after three weeks of the other doses, some side effects including fever and sleep disturbances were reported by the participants.

None of these side effects was deemed serious, meaning they did not result in hospitalization or disability and were not life-threatening.

The researchers said that “Follow-up will continue for all participants and will include collection of serious adverse events for 6 months.”

The Pfizer/BioNTech vaccine, like the Moderna vaccine, is based on a technology called messenger RNA, which uses a key genetic messenger found in cells to create protein that the immune system then learns to attack.

The vaccine generated antibodies against SARS-CoV-2, the virus that causes Covid-19, and some of these antibodies were found to be neutralizing, that is they seem to prevent the virus from functioning.

Levels of neutralizing antibodies were between 1.8 to 2.8 times the level of that in the recovered patients according to the report.

“These clinical findings for the BNT162b1 RNA-based vaccine candidate are encouraging and strongly support accelerated clinical development and at-risk manufacturing to maximize the opportunity for the rapid production of a SARS-CoV-2 vaccine to prevent COVID-19 disease” the report stated.

Later phases of this study will prioritize enrollment of more diverse populations, including those with chronic underlying health conditions and from racial/ethnic groups adversely affected by COVID-19.19

BioNTech is the Sponsor of the study while Pfizer was responsible for the design, data collection, data analysis, data interpretation, and writing of the report.

Phil Dormitzer, a vaccine developer at Pfizer, spoke to ABC News about the new data from the company’s vaccine, which he called “tremendously exciting,

Dormitzer assured that Pfizer is “currently on track” to meet the goal of producing 100 million doses by the end of the year and another 1.2 billion doses in 2021.”

“The goal that we’ve set is to distribute millions of vaccine doses in 2020 and executing on that, of course, means everything has to go well,” he said. “We need the regulatory approval to do so. But that is our plan.”

Several vaccines are currently under development across the world with 17 under clinical evaluation according to the World health organization (WHO).

These include vaccines being developed by University of Oxford/AstraZeneca at phase 3 trial, Moderna/NIAID at phase 2, CanSino Biological Inc./Beijing Institute of Biotechnology at phase 2, BioNTech/Fosun Pharma/Pfizer at phase 1/2, Wuhan Institute of Biological Products/Sinopharm at phase 1/2 and Sinovac at phase 1/2 among other developers.

Others developers in phase 1 trial include Clover Biopharmaceuticals Inc./GSK/Dynavax, Institute of Medical Biology , Chinese Academy of Medical Sciences, Inovio Pharmaceuticals.

132 candidate vaccines in preclinical evaluation according to WHO, developers include National Research Centre Egypt, University of Waterloo, Beijing Minhai Biotechnology Co., Ltd., Adeleke Univerty Nigeria, Research Institute for Biological Safety Problems, Rep of Kazakhstan, Codagenix/Serum Institute of India, Massachusetts Eye and Ear/Massachusetts General Hospital/AveXis, Vaxart, Centro Nacional Biotecnología (CNB-CSIC), Spain among others.

Written by;

Ifunanya Ikueze

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