In the project, the following work has been performed:
1. Demonstrating the feasibility of medium-to-large scale vaccine production. At project start BunyaVax vaccines could be produced robustly under research conditions at small to medium scale. One of the key requirements for future commercial application, in addition to proven safety and efficacy in relevant animal models, is the ability to manufacture vaccine batches at a relevant clinical scale within a timeframe of eight weeks. BunyaVax has evaluated state-of-the-art technology for large scale production of vaccine batches and found that it's production process can indeed be upscaled. BunyaVax will now take steps to develop the process at larger scale.
2. Developing a detailed business plan. Firstly, extensive market research was performed - resulting in a detailed overview of the vaccine industry, recent deals, interests and positions of key players in the market and an analysis of infectious diseases and their unmet needs. The findings were used to develop a detailed business plan. The resulting document now includes an overview of the company, team, strategy, technology platform, product pipeline, market, strategic partnerships, intellectual property, product development plan, risks, milestones and financial plan. The business plan will be used to attract VC and to direct business efforts.