Biocon and Serum Institute come together with strategic alliance to increase vaccine access for developing countries
As part of the deal, the BBL has offered 15% stake to SILS at a post money valuation of $4.9 billion in exchange for committed access to 100 million doses of vaccines per annul for 15 years.
Serum Institute to ramp up production of Covishield to 200mn doses a month
PM Modi, Mamata, Banerjee, Adar Poonawalla among Time Magazine's 100 'most influential people of 2021'
Taliban co-founder Abdul Ghani Baradar has also made it to the list. The Time profile describes Baradar as a "quiet, secretive man who rarely gives public statements or interviews."
Covovax will be a two-dose vaccine and the price will be decided at the time of launch, he added.
Earlier in July, he had lauded 16 European countries for recognising Covishield as an acceptable vaccine for entry.
He also said the issue of vaccine passports should be on the basis of reciprocity between the countries.
Hope to resolve issues faced by Indians vaccinated with Covishield travelling to EU soon: Poonawalla
I have taken this up at the highest levels and hope to resolve this matter soon, both with regulators and at a diplomatic level with countries, Poonawalla said in a tweet.
Earlier, Novavax had said that its vaccine has an efficacy of 90.4% in preventing infection and 100% efficacy against moderate to severe disease.
The Union government has already provided `Y' category CRPF protection to Poonawalla.
Confident of the availability of COVID-19 vaccines in the US, the Biden administration has removed Defense Production Act priority ratings on AstraZeneca, Novavax and Sanofi vaccines.
India is currently using made-in-India vaccines -- Covishield manufactured by SII and Covaxin of Bharat Biotech -- in its COVID-19 immunisation programme.
The petitioner will have to bear in mind while arguing this matter that "India has a good reputation and such proceedings will have an international impact", the HC said.
Covishield vaccine supply for Maharashtra unlikely to start from May 20, state to approach Serum Institute
The state government has some five lakh vials of Covishield and Covaxin, which is going to be used for completion of second dose as well as first dose of people in above 45 age group.
The plea requested the court to give order to Maharashtra government and Pune Police Commissioner to file an FIR in the matter based on the petitioner's complaint which he has already submitted.
The British Prime Minister's office said the USD 334 million project would include a sales office, 'clinical trials, research and development and possibly manufacturing of vaccines'.