HK-Macau Team To Start Covid Vaccine Trial Soon

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2020-08-03 HKT 18:27

Share this story

facebook

  • HK-Macau team to start Covid vaccine trial soon

Hong Kong and Macau scientists said on Monday that they’ve made a breakthrough towards producing an effective and cheap Covid-19 vaccine and human trials will be underway soon.

Scientists from Polytechnic University and Macau University of Science and Technology also said they have made an arrangement with possible manufacturers to reserve millions of the vaccine for the residents of the two SARs.

Dr Johnson Lau from the Polytechnic University said their vaccine works by inducing antibodies to respond against the new coronavirus and so far it has been 100 percent successful in monkeys, rats and rabbits that they’ve tested on.

But he said it is too early to say whether it is all good news to humans. It will need to undergo clinical trials and efforts are to start in months, if not weeks, he said, without divulging more details on where the trials will start first.

Lau said some vaccine manufacturers have already shown interest in producing it, with contracts already secured with one producer in Taiwan.

In the contracts, the manufacturers are being asked to reserve 8 million jabs from the first batch to Hong Kong and Macau people.

He said he has held several rounds of talks with the Secretary for Innovation and Technology Alfred Sit over the matter – and although no concrete commitments have been made so far, Lau said the response from the Hong Kong government has been good.

RECENT NEWS

HKMA Warns Of Fake Stablecoins As Licensed Issuers Have Yet To Launch Tokens

The Hong Kong Monetary Authority (HKMA) has warned the public about fake stablecoins in Hong Kong, specifically flaggin... Read more

Tazapay Secures Money Service Operator License In Hong Kong

Singapore-based cross-border payments company Tazapay has secured a Money Service Operator (MSO) license in Hong Kong. ... Read more

Livi Bank Posts First Full-Year Profit In 2025 As Loans Rise 49%

Hong Kong digital bank livi bank reported a full-year profit of HK$21 million for 2025. For the year, total operating i... Read more

FWD Group Reports US$720M In New Business Sales As Expansion Continues

FWD Group reported a 4% year-on-year increase in new business sales to US$720 million for the first quarter of 2026, dr... Read more

WeLab Bank 2025 Revenue Hits HK$942M After Securing First-Half Profitability

WeLab Bank achieved profitability in the first half of 2025 and reported a 35% year-on-year revenue increase to HK$942 ... Read more

Ripple And Kbank Roll Out Institutional Digital Asset Wallet In South Korea

Ripple has partnered with Kbank to deploy an institutional digital asset wallet in Korea, equipping the internet bank w... Read more