Get all your news in one place.
100's of premium titles.
One app.
Start reading
Reuters
Reuters
Business

China grants country's first COVID-19 vaccine patent to CanSino: state media

FILE PHOTO: Chinese vaccine maker CanSino Biologics' sign is pictured on its building in Tianjin, China November 20, 2018. Picture taken November 20, 2018. REUTERS/Stringer

China's vaccine specialist CanSino Biologics Inc has won a patent approval from Beijing for its COVID-19 vaccine candidate Ad5-nCOV, state media reported, citing documents from the country's intellectual property regulator.

It is the first COVID-19 vaccine patent granted by China, state-owned newspaper People's Daily reported on Sunday.

The paper cited documents published by China's National Intellectual Property Administration saying that the patent was issued on Aug. 11.

FILE PHOTO: A technician works at a manufacturing facility of Chinese vaccine maker CanSino Biologics in Tianjin, China November 20, 2018. REUTERS/Stringer/File Photo

Saudi Arabia said this month it plans to begin Phase III clinical trials for the CanSino vaccine. CanSino has said it is also in talks with Russia, Brazil and Chile to launch Phase III trials in those countries.

CanSino's Hong Kong shares rose around 14% in Monday's morning session. Its Shanghai shares rose by 6.6% as of midday.

(Reporting by Sophie Yu and Brenda Goh; Editing by Tom Hogue)

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.