Medicago reports promising early Phase 1 test results of possible COVID-19 vaccine

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Medicago says it has received promising early test results for its plant-derived vaccine for COVID-19.
     
The Quebec City-based company says interim results of a Phase 1 clinical trial found that 100 per cent of subjects developed a promising antibody response after two doses of its COVID-19 vaccine candidate.
     
Medicago says the side effects were generally mild to moderate and short in duration.
     
The Phase 1 clinical trial was a randomized, partially blinded study of 180 healthy people.
     
Based on the Phase 1 data, Medicago plans to proceed with a Phase 2/3 clinical trial for its COVID-19 vaccine candidate, subject to regulatory approval.
     
The federal government has signed deal with Medicago to secure the rights to buy 76 million doses of its vaccine. Medicago will also receive $173 million in funding from Ottawa for its vaccine research and development and for the  construction of its Quebec City manufacturing facility.