 "Bharat Biotech, Covaxin")
Amid a raging controversy in Brazil over the procurement of Covaxin, the Indian vaccine maker has clarified that it has not received any advance payment from the health ministry of that country.
As for Madison Biotech -- a Singapore-based company that has come under the scanner of the Brazilian prosecutors and lawmakers -- Bharat Biotech said it was a firm founded by its promoter Krishna Ella.
The controversy is around the price of Covaxin ($15 a dose), and the invoice of $45 million raised by Madison Biotech, whose name does not feature in the vaccine supply contract.
Bharat Biotech said the first meetings
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