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EIB and FIND back plant based reagent plant in Africa | Business

African manufacturing of reagents for rapid testing kits and treatment for coronavirus and other endemic diseases will be transformed by construction of a new Cape Biologix Technologies facility in Mauritius. EIB   European Investment Bank This will enable the company to scale up innovative plant-based manufacturing and to commercialise the successful development of plant based recombinant proteins and in particular, antibodies as a spin-off from the University of Cape Town. The large-scale cGMP manufacturing facility aims to ensure the supply of crucial reagents for the production of 100 million vaccines a month for distribution across Africa, the Caribbean and Pacific. Initiated by kENUP Foundation, new financing from the European Investment Bank (EIB) and FIND (the Foundation for Innovative New Diagnostics) for the EUR 47.5 million project was formally agreed.

kENUP Foundation: EIB and FIND back innovative plant-based reagent manufacturing in Africa to fight COVID-19 and other endemic diseases

Press release content from Business Wire. The AP news staff was not involved in its creation. kENUP Foundation: EIB and FIND back innovative plant-based reagent manufacturing in Africa to fight COVID-19 and other endemic diseases December 18, 2020 GMT LUXEMBOURG & CAPE TOWN, South Africa & GENEVA (BUSINESS WIRE) Dec 18, 2020 African reagent manufacturing for rapid testing kits and treatment for COVID-19 and other endemic diseases will be transformed by construction of a new Cape Biologix Technologies facility in Mauritius. ADVERTISEMENT Belinda Shaw, CEO Cape Biologix, Mamokgethi Phakeng, Vice-Chancellor University of Cape Town and Dr Wolfram Otto, CFO Cape Biologix (Photo: Business Wire) This will enable the company to scale up innovative plant-based manufacturing and to commercialise the successful development of plant based recombinant proteins and in particular, antibodies as a spin-off from the University of Cape Town. The manufacturing facility aims to ensure the supply

kENUP Foundation: EIB and FIND back innovative plant-based reagent manufacturing in Africa to fight COVID-19 and other endemic diseases - Press Release

kENUP Foundation: EIB and FIND back innovative plant-based reagent manufacturing in Africa to fight COVID-19 and other endemic diseases - Press Release
digitaljournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from digitaljournal.com Daily Mail and Mail on Sunday newspapers.

kENUP Foundation: EIB and FIND back innovative plant-based reagent manufacturing in Africa to fight COVID-19 and other endemic diseases

kENUP Foundation: EIB and FIND back innovative plant-based reagent manufacturing in Africa to fight COVID-19 and other endemic diseases
businesswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesswire.com Daily Mail and Mail on Sunday newspapers.

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