NZ covid vaccine developer shuts up shop after funding evaporates

The vaccine was being developed to cover every variant of the virus and for delivery by any method. (Image: CVC)

Wed, 03 May 2023

After spending $5 million from wealthy investors and receiving close to $1m in government grants, Auckland-based Covid 19 Vaccine Corporation (CVC) has shut up shop after failing to secure a further $12m for its first human trial.The vaccine was being developed to cover every variant of the virus and for delivery by any method.The wealthy NZ investors, including richlister Guy Haddleton, pledged the initial finance for the venture developed by life scientist and medical practitioner Robert Feldman and his co-founder, Nelson-based Andy Herbert,...

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