📺 Stream EntrepreneurTV for Free 📺

2 Biotech Companies Lead the Race to Develop a Zika Vaccine Although the Zika vaccine may still be years away.

By Carolyn Sun

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

Pixabay

Two biotech companies have emerged as frontrunners in the race to develop a vaccine for Zika, a mosquito-borne virus that has affected more than 4,700 live births in Brazil and crept into 32 neighboring countries, according to a report from the World Health Organization.

Inovio Pharmaceuticals, a small Pennsylvania pharmaceuticals company, has positioned itself as one likely contender thanks to its previous work with mosquito-born diseases and its relatively quick turnaround time from concept to testing, according to Fortune.

In the past few months, investors have shown excitement about Inovio's Zika initiative. Its stocks have surged since the company announced its bid for a vaccine last December.

Since then, Inovio has made strides toward creating a DNA-based vaccine. While the vaccine has only been tested on mice, Inovio's CEO said the company will begin testing primates within the next few weeks. Human trials, meanwhile, could start as early as the end of the year.

Related: Genetically-Altered Mosquitoes May Be Key to Eradicating Malaria, Study Shows

Bharat Biotech, a biotech firm based in Hyderabad, India, has been developing a Zika vaccine for more than a year. The firm started working on the virus, along with other mosquito-born illnesses, in November 2014 and has two possible vaccines -- a DNA-based version and a more traditional one that contains an inactive strain of the virus -- ready for pre-clinical trials, the company's CEO told Reuters.

While vaccines, which require high investment and have low success rates, are risky investment bets for pharmaceutical companies, the race for a Zika vaccine is (thankfully) becoming a crowded one. Major pharmaceuticals, including France's Sanofi Pasteur, Japan's Takeda Pharmaceutical and U.S. pharma-giant GlaxoSmith Kline, are also exploring vaccines.

Despite these companies' efforts, a Zika vaccine may still be years away.

Related: Why More Startups Are Paying Attention to What They Learned in Bio

Carolyn Sun is a freelance writer for Entrepreneur.com. Find out more on Twitter and Facebook

 

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Side Hustle

These Coworkers-Turned-Friends Started a Side Hustle on Amazon — Now It's a 'Full Hustle' Earning Over $20 Million a Year: 'Jump in With Both Feet'

Achal Patel and Russell Gong met at a large consulting firm and "bonded over a shared vision to create a mission-led company."

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Side Hustle

How to Turn Your Hobby Into a Successful Business

A hobby, interest or charity project can turn into a money-making business if you know the right steps to take.

Business News

These Are the 10 Most Profitable Cities for Airbnb Hosts, According to a New Report

Here's where Airbnb property owners and hosts are making the most money.

Starting a Business

This Couple Turned Their Startup Into a $150 Million Food Delivery Company. Here's What They Did Early On to Make It Happen.

Selling only online to your customers has many perks. But the founders of Little Spoon want you to know four things if you want to see accelerated growth.

Branding

All Startups Need a Well-Defined Brand Positioning Statement. Here's a 3-Step Framework to Help You Craft One.

Startup founders often lack time but they should invest resources in identifying a winning brand position that will then drive all their strategic decisions.