{"id":413221,"date":"2020-07-03T10:39:01","date_gmt":"2020-07-03T08:39:01","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=413221"},"modified":"2020-07-03T10:39:01","modified_gmt":"2020-07-03T08:39:01","slug":"high-hopes-for-covid-19-vaccine-being-tested-in-south-africa","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/lifestyle\/413221\/high-hopes-for-covid-19-vaccine-being-tested-in-south-africa\/","title":{"rendered":"High hopes for Covid-19 vaccine being tested in South Africa"},"content":{"rendered":"<p>Sygnia chief executive officer Magda Wierzycka says that there is a very high probability of a new Covid-19 vaccine being tested in South Africa being successful &#8211; though she says it will likely end up being an annual shot, not a once-off thing like the immunisation of smallpox.<\/p>\n<p>Speaking in an interview on <strong><a href=\"https:\/\/whatsnext.mybroadband.co.za\/\">What&#8217;s Next with Aki Anastasiou<\/a><\/strong>, Wierzycka outlined how her investment firm, Sygnia, ended up being involved with the development of the vaccine.<\/p>\n<p>The vaccine is being developed by Vaccitech, a spin-out company from the University of Oxford&#8217;s Jenner Institute, one of the oldest and most renowned vaccine research centres in the world.<\/p>\n<p>The group is part-owned by Oxford Sciences Innovation (OSI), a firm that works in partnership with the university to transform its patents into viable businesses.<\/p>\n<p>According to Wierzycka, Sygnia currently owns around 16% of OSI through an investment made a few years ago, giving the company a significant stake in the the development of the vaccine (though it does not stand to benefit financially from it, according to reports).<\/p>\n<p>The Oxford vaccine is one of about 120 potential vaccines being developed by teams globally, but has taken the lead due to the university&#8217;s researchers having a head start on data.<\/p>\n<p>Wierzycka said the researchers have been working on coronavirus-related vaccines for a while, particularly related the MERS (Middle East Respiratory Syndrome) coronavirus.<\/p>\n<p>This enabled it to proceed to phase 2 testing quicker than other firms.<\/p>\n<p>Phase 2 testing relates to human trials. Wierzycka said that this testing was already proceeding in the United States, the UK, Brazil and South Africa.<\/p>\n<p>The University of Witwatersrand is working with the University of Oxford on the trial and marks South Africa\u2019s first trial of a vaccine against Covid-19.<\/p>\n<p>Named Ox1Cov-19 Vaccine VIDA-Trial, the South African study will be led by Witwatersrand University vaccinology professor Shabir Madhi. The trial will be performed at several sites across South Africa.<\/p>\n<p>The South African Health Products Regulatory Authority (SAHPRA) and the University of the Witwatersrand\u2019s Human Research Ethics Committee approved the study.<\/p>\n<p>Wierzycka said that countries where cases are increasing rapidly like South Africa are prime for this research.<\/p>\n<p>&#8220;They place a very high probability of this vaccine being successful &#8211; but it will be something like an annual shot, not a once-off thing like the smallpox vaccine,&#8221; she said.<\/p>\n<p>Wierzycka said one worrying aspect of the virus is that it is already changing. &#8220;It&#8217;s not necessarily becoming more virulent, but the spikes (the make-up of the virus is changing). It means that we will have to keep evolving the vaccine.&#8221;<\/p>\n<p>Researchers have noted that a viable vaccine could be completed by the end of the year.<\/p>\n<p>You can watch the full interview below:<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/0T0FaKSK3d4\" width=\"640\" height=\"388\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<hr \/>\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/business\/412851\/magda-wierzycka-on-the-bright-spots-for-south-africa\/\" rel=\"bookmark\">Magda Wierzycka on the bright spots for South Africa<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sygnia chief executive officer Magda Wierzycka says that there is a very high probability of a new Covid-19 vaccine being tested in South Africa being successful &#8211; though she says it will likely end up being an annual shot, and not a once-off injection.<\/p>\n","protected":false},"author":10,"featured_media":399263,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[9876],"tags":[26,11885],"class_list":["post-413221","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lifestyle","tag-headline","tag-sygnia"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/413221","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=413221"}],"version-history":[{"count":6,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/413221\/revisions"}],"predecessor-version":[{"id":413257,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/413221\/revisions\/413257"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/399263"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=413221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=413221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=413221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}