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			 Under the deal, VaxEquity, a startup founded by Imperial 
			vaccinologist Robin Shattock, could receive up to $195 million if 
			certain milestones are met, in addition to royalties on approved 
			drugs and equity investment from AstraZeneca and life sciences 
			investor Morningside Ventures. 
 AstraZeneca already produces an adenoviral vector COVID-19 vaccine, 
			and emphasised the potential of the self-amplifying RNA (saRNA) 
			technology in novel therapeutic programmes beyond the coronavirus 
			pandemic.
 
 "This collaboration with VaxEquity adds a promising new platform to 
			our drug discovery toolbox," said AstraZeneca research chief Mene 
			Pangalos.
 
 The technology works in a similar way to the messenger RNA (mRNA) 
			vaccines made by Pfizer/BioNTech and Moderna.
 
 However, a self-amplifying RNA vaccine not only encodes the 
			instructions for the host cell to make a coronavirus protein, but 
			makes lots of copies of the RNA containing those instructions, 
			meaning doses can be smaller and cheaper.
 
			
			 
			"It's a bit like having a manufacturing facility, and instead of 
			having one copy of the recipe, you have multiple copies that you can 
			hand round to multiple production lines within the cell to produce 
			more protein," Imperial's Shattock told Reuters. "So that's why it 
			has that opportunity to use lower doses."
 Imperial's COVID-19 vaccine is being retooled to produce a more 
			consistent immune response with an eye on future coronavirus 
			variants.
 
			
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			 AstraZeneca, under the deal, 
								has the option to collaborate on 26 drug targets 
								for use against other therapeutic areas like 
								cancers and rare genetic diseases. 
			"We believe self-amplifying RNA, once optimised, will allow us to 
			target novel pathways not amenable to traditional drug discovery 
			across our therapy areas of interest," Pangalos said.
 U.S. companies Gritstone bio and Arcturus also are developing saRNA 
			COVID-19 vaccines.
 
 Shattock said safety data had been encouraging from initial trials 
			of its COVID-19 vaccine, released in July ahead of peer review, and 
			that Phase I results of its refined vaccine would be ready early 
			next year.
 
 "The reason we were slower was because we were coming from an 
			academic setting," he said. "If we had this relationship (with 
			AstraZeneca) at the beginning of 2020, we might have been faster."
 
 (Reporting by Alistair Smout; Additional reporting by Christine 
			Soares; Editing by Bill Berkrot)
 
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