China grants canSino the country’s first Covid-19 vaccine patent

Chinese vaccine specialist CanSino Biologics Inc received Beijing’s patent approval for its Covid-19 Ad5-nCOV candidate vaccine, state media reported, highlighting the country’s top-level asset regulator.

This is the first patent for a Covid-19 vaccine granted across China, the public newspaper People’s Daily reported on Sunday.

The document cited documents published through the State Intellectual Property Administration of China claiming the patent issued on August 11.

Saudi Arabia announced this month its goal to begin phase III clinical trials for the CanSino vaccine. CanSino said it is also in talks with Russia, Brazil and Chile to launch phase III trials in those countries.

CanSino shares in Hong Kong rose about 14% in trading Monday morning. Its Shanghai stocks were up 6.6% at noon.

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