Categories: Market Overview

Turkish official says vaccine from China’s Sinovac is 91.25% effective

An experimental Covid-19 vaccine developed by Chinese biopharmaceutical company Sinovac is 91.25% effective, a Turkish health official said on Thursday. Dr. Serhat Unal, an infectious disease expert serving on Turkey’s medical board, said the finding is based on early results of late-stage trials in the country and added that the vaccine is safe.

CoronaVac is a so-called inactivated vaccine developed by Sinovac Biotech. Unal announced the initial results following randomized trials involving 7,371 volunteers. Turkey’s Health Minister Fahrettin Koca said in the press conference the results were the first to be announced for CoronaVac. Media reports said Sinovac delayed announcing results from late-stage trials until January to consolidate data from other countries where trials took place. The efficacy rate announced by Turkey could not be immediately verified independently.

Koca said the first shipment of three million doses of CoronaVac will be dispatched to Turkey Sunday night and arrive Monday. The vaccines were initially expected to arrive after Dec. 11, but Koca said issues with permits caused the delay. Turkey has signed a deal for 50 million doses of the vaccine.

The health minister also said an agreement for the vaccine developed by Pfizer and BioNTech vaccine was close. He said Turkey could get 4.5 million doses until the end of March and would have the option buy up to 30 million doses.

Turkish official says vaccine from China’s Sinovac is 91.25% effective, CNBC, Dec 25

The FxPro News Team

This team of professional journalists announces the most interesting and influential articles from the major financial media as a brief summary. All such news may have sufficient potential to affect the course of trading assets.

Share
Published by
The FxPro News Team
Tags: COVIDTurkey

Recent Posts

US Indices: growth widens, but are expectations too high?

Tech sell-off and high Q4 forecasts put the S&P 500 at risk; the Russell 2000…

5 hours ago

Markets pick up signals from the White House

Donald Trump has no intention of dismissing Jerome Powell. The White House's decision to postpone…

8 hours ago

Nat Gas Current situation #tradelikeapro #tradingshort #tradingtips #gas #tradingstrategy #trading

Today is Thursday, January 15th. Once again we will talk about the gas market. The…

8 hours ago

Bitcoin aims to break out of a corrective rebound

Crypto market rebounds, Bitcoin eyes $100K, Dash surges, institutional demand rises, and Ethereum staking hits…

8 hours ago

Bitcoin Wave Analysis – 14 January 2026

Bitcoin: ⬆️ Buy - Bitcoin broke resistance area - Likely to rise to resistance level…

23 hours ago

NZDJPY Wave Analysis – 14 January 2026

NZDJPY: ⬇️ Sell - NZDJPY reversed down from the resistance area - Likely to fall…

23 hours ago

This website uses cookies