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Govt signs deal with Hyderabad firm for 300 million Covid vaccine doses

The vaccine, which is currently undergoing phase-3 clinical trials, is likely to be available in the next few months.

Vaccination, Coronavirus vaccine
Photo: Shutterstock
Reuters Bengaluru
1 min read Last Updated : Jun 03 2021 | 10:18 AM IST
India’s government said on Thursday it has inked a deal with Hyderabad-based vaccine maker Biological-E for 300 million COVID-19 vaccine doses for 15 billion rupees ($205.62 million), the first such order for unapproved shots.

The vaccine, which is currently undergoing phase-3 clinical trials, is likely to be available in the next few months, the health ministry said in a statement.

Biological E., which also has a separate deal to produce about 600 million doses of Johnson & Johnson’s (JNJ.N) COVID-19 shot annually, said on Tuesday it entered into a licensing agreement with Providence Therapeutics Holdings to manufacture the Canadian company’s mRNA COVID-19 vaccine in India.

Biological-E will run a clinical trial of Providence's vaccine in India and seek emergency use approval.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :CoronavirusBiological ECoronavirus Vaccine

First Published: Jun 03 2021 | 8:58 AM IST

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