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Pfizer and Moderna COVID-19 Vaccine Candidates Are Promising, but Soligenix’s Civax (TM) May Be a Better Alternative

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New York, New York–(Newsfile Corp. – November 17, 2020) – Enthusiasm is surrounding Pfizer’s and Moderna’s announcement of COVID-19 vaccine candidates that may soon become ripe for approval. But, in all fairness to the progress, tempering some of the excitement is warranted.

There are two significant concerns. First, both Pfizer and Moderna candidates use synthetic mRNA technology to activate the immune system against the virus and must be kept at minus 70 degrees Celsius (-94 F) or below, or at refrigerated levels for no more than 30 days and freezing at -20 degrees Celsius, respectively.

Second, mRNA technology has never been approved as a vaccine previously, meaning that both short and long-term safety risks are not as well understood. Moreover, this may have particular implications for repeated use of the vaccine (e.g., should yearly vaccinations be required).

As a first-generation submission, the mRNA vaccine candidates should be applauded. But, the next-generation of heat-stable alternatives, like Soligenix’s (NASDAQ: SNGX) CiVax, may offer a better and more viable platform to meet global dosing initiatives. That premise is supported in a Reuters’ article that quoted Amesh Adalja, senior scholar at Johns Hopkins Center for Health Security, as saying, “The cold chain is going to be one of the most challenging aspects of the delivery of this vaccination…and this will be a challenge in all settings because hospitals even in big cities do not have storage facilities for a vaccine at that ultra-low temperature.”

The article also noted that even one of the most prestigious U.S. hospitals, the Mayo Clinic in Rochester, Minnesota, does not currently have that capability. Therefore, don’t count on your local pharmacy, grocery chain, or town hospital to have the equipment to store the vaccine either. But, that need may not be necessary.

NASDAQ traded Soligenix believes it can alleviate much of that logistical pressure if its next-generation heat-stable subunit vaccine, CiVax for COVID-19, continues to score preclinical wins.

CiVax Potential May Clear Logistical Obstacles

In light of news about Pfizer’s vaccine facing potentially restrictive dosing challenges due to it requiring freezing, and Moderna’s requiring strict cold-storage temperature guidelines, CiVax is again earning attention as a next-generation vaccine that can be stored at room temperature. While that inherent value is undoubtedly a compelling feature, more critical to the drug’s chances for approval is that CiVax is a subunit vaccine with a known and well-tolerated safety profile that can benefit from accelerated development considerations through partnerships, licensing, or government funding.

That advantage should cause pause for the millions of people around the world who will take the first available vaccine, regardless of how it’s made. Of particular value for them would be to distinguish that the CiVax subunit vaccine does not use live-virus components. That may be the most compelling argument in favor of considering how a CiVax solution compares against dosing a billion people with the Pfizer or Moderna candidate with multiple unknowns.

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A year from now, absolutely nobody knows the potential after-dosing effects of either the Pfizer or Moderna vaccine candidate. That’s probably not the case with Soligenix’s subunit vaccine since subunit proteins have been used for decades. It also differs substantially from inactivated whole-cell vaccines by including only the pathogen’s antigenic parts — the parts necessary to elicit a protective immune response. Thus, the vaccine’s premise may be safer from the start and provide a similar therapeutic value.

Moreover, subunit vaccine candidates, like CiVax, are safe and follow a long list of vaccines that have been universally well-tolerated and effective for decades.

More Factors In Favor Of CiVax

The arguments against speed over potential efficacy are warranted. After all, before potentially growing an extra ear three years from now because a pharmacy technician allowed the cold-chain to break, it’s essential to look at feasible alternatives. In that measure, CiVax can check off many of the boxes that the Pfizer and Moderna drug does not.

First, CiVax utilizes a protein subunit antigen with a novel adjuvant that has long been considered the gold standard for vaccine safety. Second, CiVax has demonstrated the ability to stimulate Th1 antibody responses, unlike the standard subunit vaccine adjuvant. These preferred Th1 antibody responses have already been generated for vaccines to treat SARS and MERS — that bodes well for CiVax. And if those actions are replicated, it may closely mimic the Pfizer and Moderna immune-boosting applicant’s effects.

Also noteworthy is that CiVax demonstrated the ability to generate both neutralizing antibodies AND cell-mediated immunity – both of which are considered critical to generating a potent immune response. Better still is that robust responses were measured even after one vaccination. Thus, a single dose CiVax vaccine may be feasible.

The differences may be better shown in comparison. If a (-94 F) drug is challenging to deliver as a single dose, the subsequent effort to re-dose the population can present insurmountable challenges even in perfect conditions. And, circumstances that allow for even minimal refrigerated conditions won’t exist for most of the world’s population, especially those outside of metropolitan areas or who live in remote regions of the world. That leaves billions of people exposed…and untreatable.

Meeting Rapid Scale-Up Challenges

Aside from the potential logistical nightmare of a vaccine requiring (-94 F), or -20 degrees Celsius, to stay potent, producing the vaccine presents another set of challenges. While this can be met with licensing agreements, consider that each manufacturing facility will also face rigorous FDA review and oversight. Reproducing a complex, highly intolerant vaccine is not like replicating a potato chip. It’s a too complicated process that has many moving parts to earn even a GMP approval. CiVax clears that hurdle as well.

CiVax utilizes an approach that can rapidly scale up production using different facilities with minimal supply chain overlap. Moreover, the platform can be used as many times as desired, yearly, for example, if there are genetic drifts or mutations in the virus. Also, checking off another unknown against competing vaccine candidates is that CiVax is likely to be equally effective for elderly and immune-compromised individuals with no safety constraints anticipated.

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Maybe most important to the subject is that most vaccine efforts are based on inactivated coronavirus, meaning developers will need significant stocks of the virus to produce their product. That factor presents a host of potential complications. Also, with no vaccines to date getting approved using DNA or RNA technologies, even a successful formula can limit their use and be entirely contraindicated in some populations.

CiVax, again, is showing its ability to meet and beat these challenges. It is also one of the only vaccine candidates showing the potential to generate a thermostabilized vaccine – meaning no cold chain distribution is required and can be easy to distribute worldwide. In other words, it can be produced and sent to many millions of patients quickly and efficiently without the fear of losing its potency.

CiVax Taking Steps Forward

It’s fair to take a challenging viewpoint to the Pfizer and Moderna vaccine candidates and, at the same time, appreciate the contribution. Operation warp-speed provides small and large drug development companies the opportunity to develop a promising drug in record time. But, that speed should not come without an abundance of caution. Injecting billions of people with a drug that has a limited long-term safety profile can cause generations worth of harm. That’s the downside. The potential upside is that it works, and the world can move on from this debilitating pandemic.

It’s also fair to note that alternatives are also advancing quickly, and CiVax is worthy of attention. And while Soligenix may not have the financial muscle of big pharma, they have routinely earned the attention from government agencies like the NIH, who have provided meaningful grants in the past based on the company’s achievements. The company believes they can earn trust in its developing CiVax program.

Indeed, if CiVax continues to demonstrate an ability to effectuate immune responses, minimize storage concerns, and eliminate distribution constraints, it can likely be included for more funding. Keep in mind, too, that few in the health field expect a one-and-done vaccine approval. Several companies will need to contribute to beat COVID-19, and those contributions can come from companies big or small.

The bottom line is this… don’t discount the value of Soligenix’s contribution to producing a meaningful treatment for COVID-19. Its CiVax vaccine offers a bullish case to be included as a part of a global vaccination solution.

Disclaimer

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Fintech Pulse: Your Daily Industry Brief (Chime, ZBD, MiCA)

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As we close out 2024, the fintech industry continues to deliver headlines that underscore its dynamism and innovation. From IPO aspirations to groundbreaking regulatory milestones, today’s updates highlight the transformative power of fintech partnerships, regulatory evolution, and disruptive technologies. Here’s what you need to know.

Chime’s Quiet Step Toward Public Markets

Chime, the U.S.-based financial technology startup best known for its digital banking services, has taken a significant step by filing confidential paperwork for an initial public offering (IPO). As one of the most valuable private fintechs in the U.S., Chime’s move could potentially signal a renewed appetite for fintech IPOs in a market that has been cautious following fluctuating valuations across the tech sector.

With a valuation that reportedly exceeded $25 billion in its last funding round, Chime’s IPO could set a new benchmark for the industry. Observers note that its strong customer base and revenue growth may make it an appealing choice for investors seeking to capitalize on the digital banking boom. However, the timing and success of the IPO will depend on broader market conditions and the regulatory landscape.

Source: Bloomberg

ZBD’s Pioneering Achievement: EU MiCA License Approval

ZBD, a fintech company specializing in Bitcoin Lightning network solutions, has made history by becoming the first to secure an EU MiCA (Markets in Crypto-Assets Regulation) license. This landmark approval by the Dutch regulator positions ZBD at the forefront of compliant crypto-fintech operations in Europe.

MiCA, which aims to harmonize the regulatory framework for crypto-assets across the EU, has been a focal point for industry players aiming to establish legitimacy and expand their offerings. ZBD’s achievement not only validates its operational rigor but also sets a precedent for other fintech firms navigating the evolving regulatory landscape.

Industry insiders view this as a strategic advantage for ZBD as it broadens its footprint in Europe. By leveraging its regulatory approval, the company can accelerate its product deployment and establish trust with institutional and retail users alike.

Source: Coindesk, PR Newswire

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The Fintech-Credit Union Synergy: A Blueprint for Innovation

The convergence of fintechs and credit unions continues to reshape the financial services ecosystem. Collaborative initiatives, such as the one highlighted in the recent partnership between fintech innovators and credit unions, are proving to be a potent force in delivering tailored financial solutions.

This “dream team” approach allows credit unions to leverage fintech’s technological expertise while maintaining their community-focused ethos. Key areas of collaboration include digital payments, personalized financial management tools, and enhanced loan processing capabilities. These partnerships not only enhance member engagement but also enable credit unions to remain competitive in an increasingly digital-first financial environment.

Industry analysts emphasize that such collaborations underscore a broader trend of traditional financial institutions embracing fintech-driven solutions to bridge service gaps and foster innovation.

Source: PYMNTS

Tackling Student Loan Debt: A Fintech’s Mission

Student loan debt remains a pressing issue for millions of Americans, and a Rochester-based fintech aims to offer relief through its cloud-based platform. This innovative solution is designed to simplify loan management and provide borrowers with actionable insights to reduce their debt burden.

The platform’s features include repayment optimization tools, personalized financial education, and seamless integration with loan servicers. By addressing the complexities of student loan management, this fintech is empowering borrowers to make informed decisions and achieve financial stability.

As the student loan crisis continues to evolve, solutions like this highlight the critical role fintech can play in addressing systemic financial challenges while fostering financial literacy and inclusion.

Source: RBJ

Industry Implications and Takeaways

Today’s updates underscore several key themes shaping the fintech landscape:

  1. Regulatory Milestones: ZBD’s MiCA license approval exemplifies the importance of regulatory compliance in unlocking growth opportunities.
  2. Strategic Partnerships: The collaboration between fintechs and credit unions demonstrates the value of combining technological innovation with traditional financial models to drive customer-centric solutions.
  3. Market Opportunities: Chime’s IPO move reflects a potential revival in fintech public offerings, signaling confidence in the sector’s long-term prospects.
  4. Social Impact: Fintech’s ability to tackle systemic issues, such as student loan debt, showcases its role as a force for positive change.

 

The post Fintech Pulse: Your Daily Industry Brief (Chime, ZBD, MiCA) appeared first on News, Events, Advertising Options.

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SPAYZ.io prepares for iFX EXPO Dubai 2025

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Leading global payments platform SPAYZ.io has confirmed it will be attending iFX EXPO Dubai 2025 on 14 to 16 January. Exhibiting at Stand 64 at Trade Centre Dubai, SPAYZ.io’s team of professionals will be on hand providing live demonstrations of its renowned payment services for payment providers. Attendees will also receive exclusive insight into SPAYZ.io’s plans for 2025 alongside early early access to its upcoming plans for the new year.

SPAYZ.io delivers a host of payment solutions that leverage the latest technological innovations and open access to the fastest growing emerging markets across Africa, Europe and Asia. Over the past year, there has been huge demand for its Open Banking and local payment method services, alongside bank transfers, mass payouts, online banking and e-wallets.

Yana Thakurta, Head of Business Development at SPAYZ.io commented: “We look forward to once again participating at iFX Dubai to expand our network of partners and clients. It’s a fantastic way to kick off the year, connecting with thousands of industry leaders from FOREX platforms to trading companies, and everything in between.

“Our key goal for iFX Dubai EXPO 2025 is to expand our portfolio of solutions and geographies. We’re using this as an opportunity to partner with like-minded entities who share our ambition to provide payment solutions that are truly global.”

Come meet SPAYZ.io’s team at the Trade Centre Dubai at Stand 64. You can also book a meeting slot with a member of a team.

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Airtm Enhances Its Board of Directors with Two Strategic Appointments

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Airtm, the most connected digital dollar account in the world, is proud to announce the addition of two distinguished industry leaders to its Board of Directors: Rafael de la Vega, Global SVP of Partnerships at Auctane, and Shivani Siroya, CEO & Founder of Tala. These appointments reflect Airtm’s commitment to innovation and financial inclusion as the company enters its next phase of growth.

“We are thrilled to welcome Rafael and Shivani to Airtm’s Board of Directors,” said Ruben Galindo Steckel, Co-founder and CEO of Airtm. “Their unique perspectives and proven track records will be invaluable as we continue scaling our platform to empower individuals and businesses in emerging markets. Together, we’ll push the boundaries of financial inclusion and innovation to create a more connected and equitable global economy. Rafael and Shivani bring a wealth of experience and strategic insight that will strengthen Airtm’s mission to connect emerging economies with the global market.”

Rafael de la Vega, a seasoned leader in fintech global partnerships and technology innovation, is currently the Global SVP of Partnerships at Auctane. With a proven track record of delivering scalable, impactful solutions at the intersection of fintech, innovation, and commerce, Rafael’s expertise will be pivotal as Airtm continues to grow. “Airtm has built a platform that breaks down barriers and opens up opportunities for people in emerging economies to connect to global markets. I am excited to contribute to its growth and help further its mission of fostering financial inclusion on a global scale,” said Rafael.

Shivani Siroya, CEO and Founder of Tala, is a pioneer in financial technology, renowned for empowering underserved communities through access to credit and essential financial tools. Her leadership in leveraging data-driven innovation aligns seamlessly with Airtm’s vision of creating more equitable financial opportunities. “Empowering underserved communities has always been at the core of my work, and Airtm’s mission resonates deeply with me. I’m thrilled to join the Board and work alongside such a dynamic team to expand access to financial tools that truly make a difference in people’s lives,” said Shivani.

The post Airtm Enhances Its Board of Directors with Two Strategic Appointments appeared first on News, Events, Advertising Options.

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