Earlier in June, the Union Health Ministry had finalized arrangements with Hyderabad-based vaccine manufacturer Biological-E to reserve 30 crore COVID-19 vaccine doses. (image: twitter)
The Biological-e COVID vaccine candidate has been supported by the Center from preclinical stage to Phase-3 study.
- PTI New Delhi
- Last Update:Aug 06, 2021 3:53 PM IS
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Union Health Minister Mansukh Mandaviya on Friday said he held a meeting with Biological-E Managing Director Mahima Dalta on the progress of the company’s upcoming COVID-19 vaccine, Corbevax. The Minister also had a meeting with Dr. Reddy’s Laboratories President Satheesh Reddy on Thursday regarding the production and supply of the COVID-19 vaccine Sputnik V.
In a tweet, Mandaviya said, “Meeted by Ms. Mahima Datla, MD, @Biological_E, who briefed me about the progress of our upcoming #COVID19 vaccine, Corbevax. I assured all government support for the vaccine.”
Earlier in June, the Union Health Ministry had finalized an arrangement with Hyderabad-based vaccine manufacturer Biological-E to reserve 30 crore COVID-19 vaccine doses. “These vaccine doses will be manufactured and stocked by M/s Biologicals-E from August-December 2021. For this purpose, the Union Health Ministry will make an advance payment of Rs 1,500 crore to M/s Biologicals-E.” The Health Ministry said in a statement.
The arrangement with Bio-E is part of the Centre’s wider effort to provide financial support and support to indigenous vaccine manufacturers by providing research and development support. The Biological-e COVID vaccine candidate has been supported by the Center from preclinical stage to Phase-3 study.
The Department of Biotechnology has not only provided financial assistance in the form of grant-in-aid of more than Rs.100 crore, but also through its research institute Translational Health Science Technology Institute (THSTI) to conduct all animal challenge and assay studies. partnered with. ), Faridabad, the Health Ministry had said.
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