ROCKVILLE, Md., April 10, 2019 /PRNewswire/ -- Sanaria Inc. and the Government of Equatorial
Malaria is a devastating disease of almost unfathomable impact, which according to the World Health Organization caused an estimated 219 million clinical cases and 435,000 deaths in 2017. Malaria directly reduces the Gross Domestic Product of African countries by at least 1% annually.
"Our goal is licensure and deployment of a vaccine to prevent malaria. We are excited to take our next step with the Government of Equatorial Guinea, Marathon Oil, Noble Energy and AMPCO on the pathway to PfSPZ Vaccine licensure and then malaria elimination on Bioko Island. This unique partnership continues to show the EG Government's commitment to being the first African government to invest significant funds in development of a malaria vaccine," said Stephen L. Hoffman, CEO of Sanaria.
The Republic of Equatorial Guinea, through the Ministries of Mines and Hydrocarbons, and Health and Social Welfare, and its oil and gas sector partners will provide $22M USD to support vaccine development and malaria control efforts within BIMEP for 2019, and the Government of EG, the major financial contributor in this initiative, will further provide $4.5M over the next 3 years to directly support Sanaria's vaccine development efforts. These funds are in addition to the already-expended $48M for the Equatoguinean Malaria Vaccine Initiative.
"The EG Government has recognized the potential of Sanaria's PfSPZ vaccines to be critical in elimination of malaria from our country and the rest of Africa," said the Minister of Mines and Hydrocarbons, His Excellency Gabriel Mbaga Obiang Lima. "With this in mind, we have committed our resources to accelerate development of Sanaria® PfSPZ Vaccine to licensure for future use on Bioko Island, and then our mainland and the rest of Africa."
Following three previous clinical trials, the next step is a Phase 3 clinical trial in Malabo, EG, which will provide data to support submission to US and European regulatory agencies for licensure of PfSPZ Vaccine. BIMEP is also supported by the Ifakara Health Institute (IHI) (Tanzania) and the Swiss Tropical and Public Health Institute.
Dr. Salim Abdulla, former IHI Director, recognized that "although other African governments have strong malaria control programs, none have made the financial commitment to malaria vaccine development made by the EG Government. This program has also supported the human and infrastructure capacity building critical for the Phase 3 clinical and malaria elimination programs."
The Vice Minister of Health and Social Welfare, Mitoha Ondo'o Ayekaba further stressed that, "this program also makes important contributions toward modernizing the healthcare system in the country, providing much needed training and state-of-the-art facilities on top of a unique vaccine development program."
About Sanaria Inc.:
Sanaria is a socially focused, for-profit company. Sanaria's mission is to develop and commercialize whole-parasite vaccines that confer protection against malaria.
The Bioko Island Malaria Elimination Program (BIMEP) is a merger of the Bioko Island Malaria Control Program and the Equatoguinean Malaria Vaccine Initiative, that in parallel have reduced malaria prevalence from 45% to 12.5% in 15 years, and established clinical research capacity in Equatorial Guinea (EG) by developing personnel, infrastructure, regulatory processes, ethical review, a clinical laboratory and a national research institute. BIMEP plans to eliminate malaria from Bioko Island (population of >280,000) using PfSPZ vaccines, before moving efforts to mainland EG and other parts of Africa.
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SOURCE Sanaria Inc.
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