COVID-19 vaccines are expensive but a new alternative is coming and this will cut the costs. A division of the Japanese pharma company, Mitsubishi Tanabe Pharma Company, has developed the world’s first plant-based coronavirus vaccine and is looking to launch it soon.
The Medicago biopharmaceutical company that is owned by Mitsubishi Tanabe said that its new COVID-19 vaccine would be cheaper and easier to move compared to the conventional types since this is plant-based. It was also mentioned that Medicago is also backed by the Marlboro producer, Philip Morris International.
According to the Financial Times, the head of Mitsubishi Tanabe Pharma’s vaccine business development, Toshifumi Tada, revealed that Medicago would be applying for approval of its plant-based vaccine in Canada by the end of this year.
With its successful development of the alternative COVID-19 vaccine, the Osaka headquartered pharmaceutical firm is expecting global demand for the product. The company also believes that the demand will remain strong since medical professionals continue to detect new strains of the highly contagious coronavirus.
It was noted that no single plant-based vaccine had been approved yet for use in humans, but supporters of the new technology stated that such a type of vaccine is very appealing since plant leaves grow quickly. This fact alone makes the production process cheaper and faster.
Traditional flu vaccines usually take around eight to 12 months to produce but Medicago’s plant-based alternative will only take up five to eight weeks. Plus, the vaccines do not need to be deep-frozen while being transported, as they can be stored at 2C to 8C temperatures.
“Compared to alternative production systems, our proprietary plant-based manufacturing platform has many advantages, including faster lead time, scalability, and versatility,” Medicago’s senior director of scientific and medical affairs, Nathalie Charland, said via the Nature Research Journal. “The rapid nature of our vaccine and therapeutic protein production unlocks many potential ways in which we can better respond to infectious diseases and public health challenges.”
Meanwhile, Medicago will partner with GlaxoSmithKline for the phase 3 trial for its plant-based vaccine in Canada, U.S., the U.K, Mexico, Brazil, and Argentina. The trial is said to involve 24,000 subjects in all.


Anthropic Refuses Pentagon Request to Remove AI Safeguards Amid Defense Contract Dispute
Strait of Hormuz Oil and LNG Shipments Disrupted After U.S.-Israel Strikes on Iran
PBOC Scraps FX Risk Reserves to Curb Rapid Yuan Appreciation
OpenAI Pentagon AI Contract Adds Safeguards Amid Anthropic Dispute
Bank of Korea Holds Interest Rate at 2.50% as Growth Outlook Improves Amid AI Chip Boom
IMF Urges U.S. to Cut Fiscal Deficit to Reduce Trade and Current Account Gaps
Germany and China Reaffirm Open Trade and Strategic Partnership in Landmark Beijing Visit
Middle East Airspace Shutdown Disrupts Global Flights After U.S.-Israel Strikes on Iran
U.S. Stocks Rally as Nvidia Earnings Loom, Oil Prices Near Seven-Month Highs
Asian Stocks Rise on Nvidia Earnings Boost; Yen Weakens as BOJ Rate Outlook Clouds
Venezuela Oil Exports to Reach $2 Billion Under U.S.-Led Supply Agreement
Trump Touts Stock Market Gains and 401(k) Boost Amid Tariff Uncertainty
Toyota Plans $19 Billion Share Sale in Major Corporate Governance Reform Move
Pentagon Weighs Supply Chain Risk Designation for Anthropic Over Claude AI Use
Ecuador Raises Tariffs on Colombian Imports to 50% Amid Border Security Dispute
China’s New Home Prices Post Sharpest Drop Since 2022 Amid Ongoing Property Slump 



