Entos Pharmaceuticals has been awarded federal money to conduct the phase 1 clinical trial of Covigenix, its COVID-19 DNA vaccine.
Entos is led by Dr. John Lewis, a University of Alberta researcher who is world-renowned for his team’s work on prostate cancer detection, progression and drug delivery.
The Alberta-based company is one of six across the country to share up to $23.2 million in funding through the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP).
The federal government is also “pursuing the purchase and development of vaccines, treatments, and related supplies.”
In a news release Friday, Entos said it is getting “advisory services” and up to $5 million from the NRC IRAP “as part of the government of Canada’s continuing support for the development of domestic COVID-19 vaccine candidates.”
The healthcare biotechnology company has developed a Fusogenix DNA vaccine called Covigenix. In preclinical studies, the vaccine induces a “a strong neutralizing antibody response plus potent and balanced T-cell response and against SARS-CoV-2, the virus that causes COVID-19,” the company said.
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The federal money will advance the vaccine research to phase 1 human clinical trials to assess its safety, Entos said. This will be done at the Clinical Trials Research Centre in Nova Scotia.
“Entos is honoured to be one of the innovative Canadian companies receiving NRC IRAP support,” CEO John Lewis said.
“We are excited to use this funding to advance the phase 1 human clinical trial of Covigenix at the Canadian Centre for Vaccinology.”
Entos continues to seek funding for phases 2 and 3 human clinical trials, to speed up manufacturing capacity, and widen distribution to reach millions around the world.