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Author: smartinvestor88   |   Latest post: Tue, 11 Aug 2020, 11:59 PM

 

BAT (4162) – Covid-19 Vaccine Trials by British American Tobacco’s Kentucky BioProcessing division

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I have come across news on BAT (4162) ultimate holding company - British American Tobacco P.L.C USA (NYSE: BTI) subsidiary - Kentucky BioProcessing is developing a potential vaccine for COVID-19 and is now in pre-clinical testing. If testing goes well, BAT is hopeful that, with the right partners and support from government agencies, between 1 and 3 million doses of the vaccine could be manufactured per week, beginning in June.  However, BAT still awaiting FDA permission to kick start vaccine trials as of 31 Jul 2020 based on the latest news as follow:

 

British American Tobacco says it's awaiting FDA permission to start COVID-19 vaccine trials

Published: July 31, 2020 at 3:00 a.m. ET

British American Tobacco's Kentucky BioProcessing division has applied and is awaiting U.S. Food and Drug Administration approval to start a trial of its COVID-19 vaccine, said Kingsley Wheaton, the company's chief marketing officer, in an interview with MarketWatch. He said that approval to begin testing could be "pretty imminent." The unit already has FDA approval to test an influenza vaccine.

 

 

More relevant websites about BAT investing into Covid-19 vaccine as follows:

 

https://www.fool.com/investing/2020/06/02/british-american-tobaccos-covid-19-vaccine-may-ent.aspx

 

https://www.bat.com/group/sites/UK__9D9KCY.nsf/vwPagesWebLive/DOBNHBWR

 

https://www.bat.com/group/sites/UK__9D9KCY.nsf/vwPagesWebLive/DOBPMBZC

 

https://www.bloomberg.com/news/articles/2020-05-15/cigarette-maker-s-coronavirus-vaccine-poised-for-human-tests

 

BAT (4162) is a member of the BAT Plc Group, being fifty percent (50%) directly held by British American Tobacco Holdings (Malaysia) B.V., a corporation incorporated in the Netherlands which is indirectly a subsidiary of BAT Plc.

 

Will BAT (4162) benefited from the Covid-19 vaccine trial by ultimate holding company???

Will BAT become 2nd HWGB to limit up???

 

Based on today's closing price of RM10.26, the price is seem very resonable

Disclaimer: Please buy at your own risk

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Chart Stock Name Last Change Volume 
BAT 10.10 +0.15 (1.51%) 853,500 

  Be the first to like this.
 
soros228 Any update?
12/08/2020 12:09 AM
greedy44444 Bullsh#t article
12/08/2020 12:57 AM
khanchoon how this vaccine benefit BAT malaysia?
13/08/2020 12:30 PM


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