Panacea Biotech Shares Soar 7% on Major Dengue Vaccine Trial Milestone
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CNBC TV18•08-01-2026, 10:57
Panacea Biotech Shares Soar 7% on Major Dengue Vaccine Trial Milestone
- •Panacea Biotech shares surged 7% after completing enrolment for its Phase III Dengue vaccine trial.
- •The trial for DengiAll, a tetravalent single-shot vaccine, enrolled 10,335 participants.
- •Participants will be monitored for two years to assess the vaccine's efficacy and immunogenicity.
- •DengiAll aims to be India's first indigenous single-dose dengue vaccine, targeting a 2027 launch.
- •Dengue vaccine development is historically challenging, with past issues like Sanofi's Dengvaxia.
Why It Matters: Panacea Biotech's DengiAll vaccine completes Phase III enrolment, boosting shares and targeting a 2027 India launch.
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