KUALA LUMPUR: Malaysian firm Yong Tai Bhd, which has partnered China-based Shenzhen Kangtai Biological Products Co. Ltd. (SZKT) to supply Chinese-produced COVID-19 vaccine in Malaysia, is targeting to offer its vaccines to private sector by September or October.
Yong Tai's chief executive officer Boo Kuang Loon said the group, which has an agreement with SZKT to supply 10 million doses per year with an additional option of 10 million if required, has commenced its trial vaccination.
"We are currently conducting the Phase III Clinical Trial in Malaysia and have made an application to the National Pharmaceutical Regulatory Agency for approval to use the vaccines here. If everything goes smooth, we aim to obtain the approval by September or October," he told Xinhua in a recent written interview.
He also said the group plans to bring SZKT to Malaysia to set up a research and development center and a production plant, in a bid to ensure that Malaysia is equipped and well prepared to deal with the COVID-19 outbreak in the long term or any potential threat by other viruses in future.
It is also in line with Malaysian government's plan to develop the biotech industry to make Malaysia the hub of bio science in the region, he added.
"From the latest development, we foresee that the virus will continue to stay with us. Therefore, we believe the demand for vaccines will be high in the long term," he said.
Boo is also confident that the vaccine developed by SZKT will be well accepted as it is of the same technology platform as the other two Chinese COVID-19 vaccine developers Sinopharm and Sinovac.
"Moreover, as the Phase III Clinical Trial is conducted locally, it provides us the data to prove the safety and efficacy of the vaccine which will become more convincing for the public," he said.
He noted that the technology of the Chinese vaccine is the inactivated virus vaccine, which has a good track record and has been accepted by most people.
Malaysia's regulators have given conditional approval to two Chinese COVID-19 vaccines developed by Sinovac and CanSino respectively and the two vaccines are included in the country's national vaccination programme.
Chinese vaccines are gaining momentum in Malaysia with more Malaysian firms jumping on Chinese vaccine distribution bandwagon.
Leading Malaysian pharmaceutical company Pharmaniaga has partnered with Sinovac to complete the fill-and-finish process locally, apart from importing finished products from China. The administration of Sinovac vaccine started in Malaysia in March.
Meanwhile, CanSino is working with Malaysian firm Solution Group for the local manufacturing of its vaccine.
In addition, another Malaysian firm MY E.G. Services announced in June that it would supply a batch of Chinese-made vaccines for the private market in Malaysia in August.
It is confident that the vaccine, developed by Anhui Zhifei Longcom Biopharmaceutical Co. Ltd. and Chinese Academy of Sciences, can play an important role in accelerating the country's drive toward achieving herd immunity against the COVID-19 outbreak, according to the firm.
--BERNAMA
Bernama
Wed Jul 07 2021
Boo said the group, which has an agreement with SZKT to supply 10 million doses per year with an additional option of 10 million if required, has commenced its trial vaccination. Photo via Yong Tai
COP29 climate summit draft proposes rich countries pay $250 billion per year
The draft finance deal criticised by both developed and developing nations.
Bomb squad sent to London's Gatwick Airport after terminal evacuation
This was following the discovery of a suspected prohibited item in luggage.
Kelantan urges caution amidst northeast monsoon rains
Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Former New Zealand PM Jacinda Ardern receives UN leadership award
Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM
The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
KTMB provides two additional ETS trains for Christmas, school holidays
KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024
Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Findings by dark energy researchers back Einstein's conception of gravity
The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
NRES responds to Rimbawatch press release on COP29
The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections
The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM
Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year.
Saudi Arabia showcases Vision 2030 goals at Airshow China 2024
For the first time, Saudi Arabia is participating in the China International Aviation & Aerospace Exhibition held recently in Zhuhai.
King Charles' coronation cost GBP 71mil, govt accounts show
The coronation of Britain's King Charles cost taxpayers GBP72 million (US$90 million), official accounts have revealed.
Couple and associate charged with trafficking 51.9 kg of meth
A married couple and a man were charged in the Magistrate's Court here today with trafficking 51.974 kilogrammes of Methamphetamine.
PDRM to consult AGC in completing Teoh Beng Hock investigation
The police may seek new testimony from existing witnesses for additional insights into the investigation of Teoh Beng Hock's death.
Thai court rejects petition over ex-PM Thaksin's political influence
Thailand's Constitutional Court rejects a petition seeking to stop Thaksin Shinawatra from interfering in the running the Pheu Thai party.
Abidin takes oath of office as Sungai Bakap assemblyman
The State Assemblyman for Sungai Bakap, Abidin Ismail, was sworn in today at the State Assembly building, Lebuh Light.
UPNM cadet officer charged with injuring junior, stomping on him with spike boots
A cadet officer at UPNM pleaded not guilty to a charge of injuring his junior by stomping on the victim's stomach with spike boots.
How Indian billionaire Gautam Adani's alleged bribery scheme took off and unraveled
The indictment was unsealed on Nov. 20, prompting a $27 billion plunge in Adani Group companies' market value.
Elon Musk blasts Australia's planned ban on social media for children
Several countries have already vowed to curb social media use by children through legislation, but Australia's policy could become one of the most stringent.