COVID-19 News

DARPA's gambles may pay off in stopping COVID-19

A U.S. defense agency that specializes in turning science fantasies into realities jump-started technologies and nurtured companies that are now at the forefront of the response to the COVID-19 pandemic. The Defense Research Advanced Projects Agency (DARPA) has taken risks where others wouldn’t. Its pursuit of high-risk, high-reward technologies, combined with its mission-driven approach to managing projects is promising to pay off in the fight against COVID-19.

DARPA was behind the creation of DNA and RNA vaccines, funding early R&D by Moderna Inc. and Inovio Pharmaceuticals Inc. at a time when the technologies were considered speculative by many scientists and investors.

The military R&D agency believed nucleic acid-base vaccines could be developed much faster than conventional technologies. Its funding, project management and vote of confidence helped de-risk the science and attract investments and partnerships.

* NIH selected Moderna as its partner for COVID-19 vaccine development. This week, an RNA vaccine produced by Moderna became the first COVID-19 candidate vaccine to be administered in a Phase I trial.

* Inovio is on track to start a Phase I trial of an DNA-based COVID-19 vaccine in early summer.

* AbCellera Biologics Inc., one of the first companies out of the starting blocks in the race to discover antibody therapies for COVID-19, is using technology created in response to a DARPA challenge.

* Another fast-responder, Vir Biotechnology Inc.(NASDAQ:VIR), is deploying antibody discovery technology that can be traced to a company that received part of its funding from DARPA.

Read more at here: