Powered By Dynavax Adjuvant, Medigen COVID-19 Vaccine Launched In Taiwan

Medigen Vaccine Biologics Corporation and Dynavax Technologies Corporation DVAX announced the rollout of their COVID-19 vaccine, MVC-COV1901, in Taiwan.
Approximately 600,000 people are anticipated to receive the Medigen vaccine this week.
In July, Medigen received Taiwan Emergency Use Authorization and approval for inclusion in Taiwan's COVID-19 vaccine immunization program, MVC-COV1901.
Medigen COVID-19 vaccine is indicated for adults over 20 years old and is administered in two doses 28 days apart to prevent COVID-19 infection.
The Advisory Committee recommended that Medigen submit a safety monitoring report monthly during the declared EUA period and submit a vaccine effectiveness report within one year after obtaining EUA approval.
MVC-COV1901 is a subunit vaccine with recombinant S-2P antigen adjuvanted with CpG 1018 supplied by Dynavax and aluminum hydroxide.
Price Action: DVAX shares are up 9.72% $13.21 during the market session on the last check Monday.