Mapi Pharma in talks to produce Covid-19 vaccine in Israel

Ehud Marom Photo: PR
Ehud Marom Photo: PR

The drug development company is in talks with one of the pharmaceutical companies which is in advanced trials to develop a Covid-19 vaccine.

Israeli drug development company Mapi Pharma announced today that it will dedicate capacity at its manufacturing facility in Jerusalem's Har Hotzvim industrial park to produce Covid-19 vaccine for Israel, the EU and internationally. A source close to the matter has told "Globes" that Mapi Pharma is in talks with at least one of the leading companies in the race to produce a Covid-19 vaccine.

There are currently five major pharmaceutical companies in advanced trials with the US FDA or equivalent European authorities for a Covid-19 vaccine. Pfizer and its German partner BioNTech plan to publish results about its Phase III trial later this month and US company Moderna expects initial results next month. Johnson & Johnson hopes to publish results before the end of the year. UK company AstraZeneca is in Phase III trials in Britain but parallel trials in the US have stalled due to the serious side-effect suffered by one of the participants. A fifth candidate Novavax is about to begin Phase III trials. In additions vaccine candidates have been approved for emergency use in Russia and China.

If and when a safe and effective vaccine is available, the struggle will begin by countries around the world to obtain enough doses of vaccine to administer to their citizens. Many countries in Europe and North America have already signed contracts with the aforementioned companies to reserve vaccine when available. Israel has already signed a deal with Moderna for a limited amount of vaccine. But if an Israeli company like MAPI Pharma is permitted to produce the vaccine for one of the aforementioned companies in the country, it is likely to make it easier for the Israeli government to get hold of larger amount of the vaccine.

Mapi Pharma says it has state-of-the-art production facilities for sterile injectable Finished Dosage Forms (FDF). The company’s large GMP approved facility is audited by the Israeli Ministry of Health whose approvals are mutually recognized by the EU, with Israeli manufacturers being exempt from the requirement to perform laboratory tests on shipments from Israel to Europe. Furthermore, results of audits performed by the institute for auditing and standards of medical products within the Ministry of Health are also recognized by the European countries.

Mapi is currently expanding its Jerusalem fill and finish facility which was originally established by Johnson & Johnson (J&J). Over $100 million has been invested in the facility which was built to supply J&J’s own needs of sterile products. Mapi is now adding a new line for sterile filling and finishing of liquids and powders for injections to the facility. This will support the global effort to bring a Covid-19 vaccine, once approved, to Israeli, EU citizens and potentially from many other countries.

Mapi chairman and CEO Ehud Marom said, "We are making available our production capacity, as well as our cold-chain and storage capacities, for the delivery of vaccines to Israeli and EU. The global supply chain of vaccinations is currently limited and requires agility to enable the supply of vaccines on a broad scale. By making our manufacturing capacity available, we hope to assist in the quick deployment of vaccines once they are approved by the heath authorities. We are in communications with the major vaccination developers and governments to join forces in the fight against this dangerous virus."

Mapi's lead product, currently in clinical trials, is a slow release generic version of multiple sclerosis treatment Copaxone for administering just once a month, instead of the current three times per week.

Published by Globes, Israel business news - en.globes.co.il - on October 7, 2020

© Copyright of Globes Publisher Itonut (1983) Ltd. 2020

Ehud Marom Photo: PR
Ehud Marom Photo: PR
Forbes Rich List credit: Shutterstock Maslowski Marcin Wiz founders ranked in Forbes 2025 Rich List

There are a few dozen Israelis listed in the 2025 Forbes Real-Time Billionaires List including Wiz founders Assaf Rappaport, Yinon Costica, Roy Reznik and Ami Luttwak.

SatixFy CEO Nir Barkan credit: Ariel Barkan Canada's MDA Space to buy Israeli satcom co SatixFy

MDA Space will pay $269 million for the Israeli company, including taking on a $76 million debt and a 75% premium on SatixFy's closing price on Nasdaq yesterday.

Raising dollars credit: Shutterstock Israeli startups raised over $1b in March

Israeli privately-held tech companies have raised $2.1 billion in the first three months of 2025, according to IVC-LeumiTech, up 24% from the corresponding quarter of 2024.

Terminal 1 credit: Personal image Terminal 1 reopening revives Israel low-cost fare options

With the opening of the terminal for international flights, the Irish low-cost airline Ryanair has returned to Israel and with it, double-digit US dollar round-trip fares.

Arkady Volozh  credit: Shlomi Yosef Analysts see Israel-linked Nebius challenging CoreWeave

Nebius, founded by Yandex founder Arkady Volozh, operates in CoreWeave's AI server market, but is growing "more rationally", and has far less debt.

Bezalel Smotrich and Amir Yaron credit: Knesset Spokesperson and Tali Bogdanovsky Retail chains, credit card cos could soon act as banks

Israel's financial regulators have proposed that supermarket chains, credit card companies and investment houses will be able to accept deposits and offer credit.

Elbit Systems rocket launcher  credit: Elbit Systems Elbit Systems wins $130m European rocket order

The order is for the supply of rockets for Elbit's Precise and Universal Launching System (PULS), which has an effective range of up to 300 kilometers.

Nvidia VP Ali Kani credit: Nvidia Nvidia intensifies efforts to compete with Mobileye

"Globes" talks to Nvidia VP and automotive team head Ali Kani about the chipmaker's autonomous vehicle activities and assesses the threat to Mobileye.

Fitch ratings agency credit: Shutterstock Fitch reaffirms Israel's A rating with negative outlook

The ratings agency said, "The negative outlook reflects rising public debt, domestic political and governance challenges and uncertain prospects for the conflict in Gaza."

Tamar rig credit: PR Sovereign Wealth Fund earned handsome returns in 2024

Israel's Sovereign Wealth Fund, known as the Citizens' Fund, had assets worth about $2 billion at the end of 2024, the Ministry of Finance reports.

Fencing goes up Petah Tikva's Segula neighborhood  credit: NTA Work on Metro to begin in Petah Tikva

The first work on the Tel Aviv Metropolitan underground railways system will begin on the M2 line depot in Petah Tikva.

Startups credit: Shutterstock/NicoElNino IVC-LeumiTech: Tech fund raising jumps 24% in Q1

Israeli privately-held tech companies raised $2.13 billion in the first quarter of 2025, up 24% from the corresponding quarter of 2024, but down 12% from the preceding quarter.

Miri Regev and Yitzhak Rochberger credit: Yediot Ahronot/ Reuven Kapuchinsky and Amit Shabi Ramat Hasharon wants railway station for the Mossad

Ramat Hasharon is pushing for a station in Glilot neat the Mossad headquarters, even though a new station is also planned for Glilot South, 1.6 kilometers away.

Prime Minister Benjamin Netanyahu credit: Reuven Kastro Police call Netanyahu for testimony as aides arrested

Jonatan Urich and Eli Feldstein are being held over alleged payments received from Qatar while working in the prime minister's bureau.

Highcon chairperson Shlomo Nimrodi  credit: PR Packaging tech co Highcon winding down

The company, which numbers Benny Landa and JVP among its investors, is laying off most of its workforce, having lost 99.9% of its value since its flotation.

MK Almog Cohen  credit: Danny Shem-Tov, Knesset Spokesperson's Office Netanyahu halts Nevatim airport bill

Legislation mandating construction of an airport at Nevatim, near Beersheva, is ready for final Knesset approval, but the prime minister blocked it after a security cabinet meeting.

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018