Thursday, September 18, 2025
18 C
Srinagar

Centre to buy 30 cr Covid vaccine doses from Hyderabad-based firm

New Delhi, Jun 3 (UNI):: The Centre will procure 30 crore units of Covid-19 vaccine from Hyderabad-based firm Biological-E, an official statement said here on Thursday.

As per the deal, the vaccines doses will be manufactured and stockpiled by the manufacturer from August-December 2021. The Union Ministry of Health would be making an advance payment of Rs 1,500 crore to the firm.

Currently, the vaccine of Biological-E is undergoing Phase-3 clinical trial. The vaccine being developed by Biological-E is a RBD protein sub-unit vaccine and is likely to be available in the next few months, the statement read.

The proposal of M/s Biological-E was examined and recommended for approval after due diligence by National Expert Group on Vaccine Administration for COVID-19 (NEGVAC).

‘The arrangement with M/s Biological-E is part of the wider endeavour of Government of India to encourage indigenous vaccine manufacturers by providing them support in Research & Development (R&D) and also financial support,’ the Ministry said.

Biological-E COVID Vaccine candidate has been supported by the Centre from Preclinical stage to Phase-3 studies. Department of Biotechnology has not only provided financial assistance in terms of grant-in-aid of over Rs 100 cr but has also partnered with Biological-E to conduct all animal challenge and assay studies through its Research Institute Translational Health Science Technology Institute (THSTI), Faridabad.

UNI

Hot this week

Over 2,400 stranded fruit trucks cleared via Mughal road, Ramban: Minister Javed Dar

Srinagar: Minister Javed Dar on Wednesday said that around...

Sewa Pakhwada : Lieutenant Governor inaugurates Bailey Bridge on the Ramban-Gool road

The bridge is a symbol of hope and lifeline...

Key narcotic smuggler absconding for over 3 years arrested in Kathua: SIA Kashmir

Srinagar:The State Investigation Agency on Tuesday arrested a key...

Body of Missing Boy Recovered from Hydroelectric Canal in Ganderbal

Ganderbal:The body of a missing boy, identified as Owais...

Topics

Over 2,400 stranded fruit trucks cleared via Mughal road, Ramban: Minister Javed Dar

Srinagar: Minister Javed Dar on Wednesday said that around...

Key narcotic smuggler absconding for over 3 years arrested in Kathua: SIA Kashmir

Srinagar:The State Investigation Agency on Tuesday arrested a key...

Body of Missing Boy Recovered from Hydroelectric Canal in Ganderbal

Ganderbal:The body of a missing boy, identified as Owais...

Wular Lake Witnesses Remarkable Surge in Bird Population

Bandipora:In what conservationists are calling a remarkable ecological turnaround,...

Transport commissioner directs ARTOs to curb exorbitant apple freight charges

Special enforcement teams constituted; Daily reports to be submitted...
spot_img

Related Articles

Popular Categories

spot_imgspot_img