Novavax Covid-19 vaccine
Novavax Covid-19 vaccine

South Korea in talks to secure 40 million doses of Novavax's Covid-19 vaccine

The deal, if agreed, will boost supply of Covid-19 vaccines in the country to 146 million doses, more than enough for its 52 million residents.
Reuters
UPDATED ON JAN 20, 2021 01:59 PM IST

South Korea is in talks to purchase 40 million doses of a coronavirus vaccine developed by Novavax, its local manufacturer SK bioscience said on Wednesday.

The deal, if agreed, will boost supply of COVID-19 vaccines in the country to 146 million doses, more than enough for its 52 million residents, and comes as it prepares to start mass inoculations in February.

SK bioscience, which also manufactures AstraZeneca's COVID-19 vaccine, is working on a technology transfer deal with Novavax which will allow it to produce and sell vaccines on its own, the drugmaker arm of SK Chemicals said.

A deal with the South Korean government could be its first direct supply deal.

South Korea's President Moon Jae-in visited SK's worksite on Wednesday and said the agreement between Novavax and SK bioscience raised the possibility of securing additional doses of vaccines.

The country has already secured 106 million doses to allow for coverage of 56 million people from global vaccine supply facility COVAX and Western drugmakers including Pfizer, Moderna, AstraZeneca and Johnson & Johnson.

Moon's visit comes as his administration faces criticism for not taking the necessary steps to achieve its goal of reaching herd immunity to the coronavirus through mass vaccinations by November.

The government had laid out a timeline that calls for vaccinations of key individuals to begin in February, with 32 million to 36 million people vaccinated by September.

South Korea reported 404 new coronavirus cases as of Tuesday, bringing the country's tally to 73,518 cases, with 1,300 deaths.


SHARE THIS ARTICLE ON
Close
FILE - In this Dec. 11, 2020, file photo Katherine Tai, the Biden administration's choice to take over as the U.S. trade representative, speaks during an event at The Queen theater in Wilmington, Del. President Joe Biden’s pick to be the top U.S. trade envoy is promising to work with America’s allies to combat China’s aggressive trade policies. In a written testimony for her confirmation hearing Thursday, Feb. 25, 2021, before the Senate Finance Committee, Tai, Biden's choice for U.S. trade representative, said she would “prioritize rebuilding our international alliances and partnerships, and re-engaging with international institutions'' to present Beijing with “a united front of U.S. allies.'' (AP Photo/Susan Walsh, File)(AP)
FILE - In this Dec. 11, 2020, file photo Katherine Tai, the Biden administration's choice to take over as the U.S. trade representative, speaks during an event at The Queen theater in Wilmington, Del. President Joe Biden’s pick to be the top U.S. trade envoy is promising to work with America’s allies to combat China’s aggressive trade policies. In a written testimony for her confirmation hearing Thursday, Feb. 25, 2021, before the Senate Finance Committee, Tai, Biden's choice for U.S. trade representative, said she would “prioritize rebuilding our international alliances and partnerships, and re-engaging with international institutions'' to present Beijing with “a united front of U.S. allies.'' (AP Photo/Susan Walsh, File)(AP)

Biden's trade nominee Katherine Tai calls China 'both a rival and a partner'

Bloomberg
UPDATED ON FEB 25, 2021 05:56 AM IST
Katherine Tai is pledging to work with allies to take on China while also embarking on a 'pragmatic' approach to the Asian nation.
Close
US President Joe Biden (REUTERS)
US President Joe Biden (REUTERS)

Republicans introduce resolution opposing any move to lift sanctions on Iran

Bloomberg
PUBLISHED ON FEB 25, 2021 05:51 AM IST
The resolution, introduced by Senator Tom Cotton and more than 40 other Republicans, underscores the resistance the Biden administration will face in trying to get back into the 2015 nuclear accord.
Close
Videogame retailer GameStop, which had closed up about 104% on Wednesday and was once again a favorite pick on the WallStreetBets page. (Reuters)
Videogame retailer GameStop, which had closed up about 104% on Wednesday and was once again a favorite pick on the WallStreetBets page. (Reuters)

Heavy trading in GameStop leads to hour-long outage for Reddit

Reuters
PUBLISHED ON FEB 25, 2021 05:36 AM IST
Reddit, now more famous for its day-trading forum where individual traders recently triggered a rally in many shorted stocks, has faced several outages in recent months.
Close
HHS has drastically cut its capacity due to the coronavirus pandemic. Nearly all of the department’s 7,100 beds for immigrant children are full.(AFP Photo. Representative image)
HHS has drastically cut its capacity due to the coronavirus pandemic. Nearly all of the department’s 7,100 beds for immigrant children are full.(AFP Photo. Representative image)

Amid surge, US tries to expedite release of migrant children

AP
PUBLISHED ON FEB 25, 2021 03:00 AM IST
US Health and Human Services on Wednesday authorized operators of long-term facilities to pay for some of the children’s flights and transportation to the homes of their sponsors.
Close
"In the end, Iran needs to understand that what’s important is to de-escalate and accept the offer of diplomacy that’s on the table, including from the United States,” German foreign minister Heiko Maas said.(AFP Photo)
"In the end, Iran needs to understand that what’s important is to de-escalate and accept the offer of diplomacy that’s on the table, including from the United States,” German foreign minister Heiko Maas said.(AFP Photo)

Germany urges Iran to accept diplomacy in nuclear dispute

AP
PUBLISHED ON FEB 25, 2021 12:12 AM IST
Iran this week effectively set a deadline to lift those sanctions within three months, after which it said it would erase surveillance footage of its nuclear facilities
Close
The B117 variant last week became dominant in Denmark, accounting for nearly two-thirds of all new infections, up from less than 5% at the beginning of the year.(Reuters Photo. Representative image)
The B117 variant last week became dominant in Denmark, accounting for nearly two-thirds of all new infections, up from less than 5% at the beginning of the year.(Reuters Photo. Representative image)

Hospitalisation risk 64% higher with UK Covid-19 variant: Report

Reuters
PUBLISHED ON FEB 25, 2021 12:08 AM IST
Out of 2,155 people infected with the variant codenamed B117 in the institute's study, 128 were hospitalised, a rate 64% higher than people infected with other variants, the country's Serum Institute said.
Close
DeJoy, a supporter of former President Donald Trump appointed to head the Postal Service last year, suspended operational changes in August after heavy criticism over postal delays.(Bloomberg)
DeJoy, a supporter of former President Donald Trump appointed to head the Postal Service last year, suspended operational changes in August after heavy criticism over postal delays.(Bloomberg)

Congress weighs reforms to troubled US Postal Service over finance woes

Reuters
PUBLISHED ON FEB 24, 2021 11:38 PM IST
"Our dire financial trajectory, operational and network misalignment to mail trends, outdated pricing, infrastructure underinvestment, inadequate people engagement, and an insufficient growth strategy – all demand immediate action," Postmaster General Louis DeJoy told lawmakers.
Close
Officials said the EU was working with the IATA, the OECD and the World Health Organization.(AFP)
Officials said the EU was working with the IATA, the OECD and the World Health Organization.(AFP)

EU mulls vaccination passports to resurrect tourism after Covid-19

Reuters, Brussels
PUBLISHED ON FEB 24, 2021 11:12 PM IST
However, France and Germany appear more reluctant, as officials there say it could create de facto vaccination obligation.
Close
Vials with Covid-19 Vaccine stickers attached and syringes with the logo of US pharmaceutical company Johnson & Johnson. (AFP)
Vials with Covid-19 Vaccine stickers attached and syringes with the logo of US pharmaceutical company Johnson & Johnson. (AFP)

J&J’s Covid-19 vaccine closes in on FDA’s nod

By Yashwant Raj
PUBLISHED ON FEB 24, 2021 11:06 PM IST
According to papers submitted by Johnson & Johnson to the FDA seeking emergency use go-ahead, the vaccine has demonstrated an overall efficacy level of 66% - 72% in the United States and 57% in South Africa, a country that is dealing with a highly contagious strain of the coronavirus.
Close
Fugitive diamond merchant Nirav Modi. (HT File)
Fugitive diamond merchant Nirav Modi. (HT File)

PNB scam case: UK judge to rule on Nirav Modi extradition case on Thursday

Posted by Prashasti Singh | PTI
UPDATED ON FEB 24, 2021 11:01 PM IST
The 49-year-old is expected to appear via videolink from Wandsworth Prison in south-west London at Westminster Magistrates’ Court, where District Judge Samuel Goozee is set to hand down his judgment on whether the jeweller has a case to answer before the Indian courts.
Close
William Burns, nominee for Central Intelligence Agency (CIA) director, is sworn into his Senate Intelligence Committee hearing on Capitol Hill in Washington.(REUTERS)
William Burns, nominee for Central Intelligence Agency (CIA) director, is sworn into his Senate Intelligence Committee hearing on Capitol Hill in Washington.(REUTERS)

CIA nominee pledges to provide 'unvarnished' intelligence

PTI, Washington
PUBLISHED ON FEB 24, 2021 10:48 PM IST
William Burns said the president "wants the agency to give it to him straight, and I plan to do just that and to defend those who do the same."
Close
Rescue divers conduct search operations for victims of a capsized boat in Lake Mariout, 20 kilometres west of Egypt's second city of Alexandria on February 23, 2021.(AFP)
Rescue divers conduct search operations for victims of a capsized boat in Lake Mariout, 20 kilometres west of Egypt's second city of Alexandria on February 23, 2021.(AFP)

UN says 41 Europe-bound migrants fleeing Libya drown in Mediterranean

AP
UPDATED ON FEB 24, 2021 10:09 PM IST
  • The UN migration and refugee agencies said in a joint statement that the dead were among at least 120 migrants on a dinghy that left Libya on February 18.
Close
At its last plenary in October 2020, FATF concluded that Pakistan had fully complied with 21 of 27 points in the action plan but warned the country that it could not be given “forever” to address outstanding issues. (FILE PHOTO).
At its last plenary in October 2020, FATF concluded that Pakistan had fully complied with 21 of 27 points in the action plan but warned the country that it could not be given “forever” to address outstanding issues. (FILE PHOTO).

FATF to take a call on Pakistan's efforts to counter terror financing tomorrow

PUBLISHED ON FEB 24, 2021 10:06 PM IST
  • FATF’s latest plenary is also being held at a time when the US has been irked by the Pakistan Supreme Court’s acquittal of terrorist Omar Saeed Sheikh, the principal accused in the 2002 murder of American journalist Daniel Pearl.
Close
Screengrab from “confessional” video of former Taliban spokesperson Ehsanullah Ehsan.(YouTube)
Screengrab from “confessional” video of former Taliban spokesperson Ehsanullah Ehsan.(YouTube)

Pakistan military personnel punished over escape of Taliban figure: Spokesperson

Reuters, Rawalpindi
PUBLISHED ON FEB 24, 2021 09:40 PM IST
Liaqat Ali, the former public face of the militant Tehrik-e-Taliban Pakistan (TTP), escaped last year three years after he handed himself in to the military.
Close
Asylum seekers sit inside a tent at a migrant encampment in Matamoros, Mexico.(REUTERS)
Asylum seekers sit inside a tent at a migrant encampment in Matamoros, Mexico.(REUTERS)

US to admit asylum seekers from hard-hit camp at Texas border

Reuters, Washington
PUBLISHED ON FEB 24, 2021 09:11 PM IST
The camp, across the Rio Grande from Brownsville, Texas, is home to hundreds of migrants, most from Central America, hoping to be granted refuge across the border.
Close
SHARE
Story Saved
OPEN APP