SK bioscience Partners with VECOL for Vaccine Manufacturing in Colombia
SK bioscience Signs Vaccine Technology Transfer Agreement with Colombia's VECOL to Advance Local Vaccine Manufacturing in Latin America
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SK bioscience has signed a technology transfer agreement with Colombia's VECOL to support local vaccine manufacturing as part of a US$260 million initiative aimed at enhancing national vaccine self-sufficiency. This collaboration marks a significant step in Colombia's public health preparedness and aims to strengthen vaccine supply across Latin America.
- 01The partnership is part of a US$260 million initiative led by Colombia's government to enhance vaccine localization over the next 10 years.
- 02SK bioscience will transfer technology for the production of its SKYVaricella vaccine, with plans to expand to a broader vaccine portfolio.
- 03VECOL will oversee the establishment and operation of manufacturing facilities, linking them to Colombia's National Immunization Program.
- 04The agreement is expected to bolster Colombia's vaccine manufacturing capabilities and reduce reliance on external suppliers.
- 05This collaboration is part of SK bioscience's broader strategy to establish regional production networks in Latin America and beyond.
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SK bioscience has entered into a strategic partnership with Colombia's state-owned pharmaceutical company VECOL to facilitate vaccine technology transfer and local manufacturing as part of a national initiative aimed at enhancing vaccine self-sufficiency in Colombia. This initiative, which involves an investment of approximately US$260 million over the next decade, is spearheaded by the Colombian Ministry of Health and Social Protection and aims to strengthen public health preparedness in the region. Under the agreement, SK bioscience will provide the necessary technology and expertise for the development of manufacturing facilities in Colombia, while VECOL will manage the operational aspects and ensure compliance with government regulations. The initial product for this collaboration will be SKYVaricella, a proprietary varicella vaccine, with plans for future expansion into a wider range of vaccines. This partnership not only aims to improve local vaccine production capabilities but also seeks to establish a more resilient vaccine supply chain across Latin America. Officials from both organizations highlighted the importance of this agreement in advancing Colombia's health sovereignty and fostering long-term public health solutions.
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The agreement is expected to enhance Colombia's domestic vaccine manufacturing capabilities, contributing to better public health preparedness and reducing reliance on imported vaccines.
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