This is an archive article published on June 4, 2021
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In a first, Centre will pay Rs 1,500 crore to reserve 30 crore doses of new vaccine

Biological E’s vaccine candidate is currently undergoing phase 3 clinical trials. It is a protein sub-unit vaccine, similar to inactivated whole-cell vaccines such as Covaxin, and does not contain live components of the virus.

Vaccination drive underway in Ghaziabad (Express photo/Prem Nath Pandey)Vaccination drive underway in Ghaziabad (Express photo/Prem Nath Pandey)
Written by: Kaunain Sheriff M
3 min readNew DelhiJun 4, 2021 02:19 AM IST First published on: Jun 4, 2021 at 02:00 AM IST

The government said on Thursday that it would make an advance payment of Rs 1,500 crore to Hyderabad-based manufacturer Biological E to reserve 30 crore doses of its under-development Covid-19 vaccine.

This is the first time that the Centre has placed an order with a vaccine manufacturer before the product has been granted emergency use authorisation (EUA) by the regulator.

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The vaccine doses for which arrangements have been “finalised”, will be “manufactured and stockpiled by Biological E from August-December 2021,” the Union Health Ministry said in a statement.

“For this purpose, the…Ministry…would be making an advance payment of Rs 1,500 crore to Biological E.”

As City Editor ( Delhi) at the Indian Express, Kaunain Sheriff  le... Read More

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