Business Standard
Sunday, May 27, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Commodities
 

Cadila-Novavax JV can produce 250 mn doses of H1N1 vaccine
Chitra Unnithan / Mumbai/ Ahmedabad Oct 07, 2009, 00:37 IST

Eyes February roll-out with 10 mn capacity in phase one

CPL Biologicals, a joint venture between Ahmedabad based Cadila Pharmaceuticals and US based vaccine maker Novavax is aiming to roll out 10 million doses of swine flu vaccine (H1N1) in the first phase from January-February next year while it can ramp up the production to 250 million doses over a period of time. CPL Biologicals is creating a manufacturing facility at Dholka for about Rs 100 crore where it will produce for virus-like particle-based (VLP-based) vaccines including H1N1. Currently the company is awaiting a nod from Drug Controller General of India for conducting H1N1 clinical trails.

Talking to Business Standard I A Modi, chairman of CPL Biologicals said, "We have applied for all the requisite permissions and are awaiting nod from the drug control department to carry on clinical trials for swine flu vaccine. Simultaneously, we are preparing for the launch in January-February next year."

Modi said that while they would initially commence the world class facility with a capacity of 10 million doses of H1N1, there is a huge scope for expansion given the demand for the vaccine.

"We can ramp up the production to 250 million doses in a span of 18 months," Modi said. He however refused to comment on the expected revenues saying it was too early to predict. Meanwhile in US, Novavax has shown successful results on a preliminary level of the vaccine during animal testing using new cell-based technology.

The new development is said to have potential to expand vaccine supplies while reducing development time for a vaccine from six months to just one.

Cadila Pharma has 80 per cent stake CPL Biologicals and the remaining 20 per cent is held by Novavax. Cadila also holds 5.75% equity stake in Novavax of USA and has a position on the board of directors of Novavax.

According to recent union health ministry data, the number of H1N1 cased in India has crossed the 11,000 mark. The flu has so far claimed over 350 lives in the country.

Indian companies Bharat Biotech, Panacea Biotec along with Serum Institute of India conducted animal trials of the H1N1 vaccine in September and are planning to conduct human trials in the first week of October. The vaccine is expected to hit the market early next year.

Three international companies — Novartis, GSK and Baxter — have agreed to initiate a bridge study in India which is expected to start this month.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end flat
- IFC plans to invest in Malaysia's Khazanah healthcare arm
- Cong leaders must work together for winning elections: Scindia
- Hotel Leelaventure redeems outstanding bonds worth $41.6 mn
- Ex-Galleon portfolio manager testifies against Rajat Gupta
  Read Business news in 
- Journey on, We are by Your Side. Click here to know more
- 2 Lac Apartments, 1 Lac House / Plots. Click here
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- 1 billion in saving for Unilever without any tangles.
- A Brand New Server at a Price That Fits Your Budget. Click here
- Learn How One City is Running on FOOD SCRAPS.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- EGoM to now decide on base price for spectrum auction
- Air India pilots wanted a halt to command training of IA pilots
- Rohit Viswanath: The news about soft power
- Traders go long on $-Re , short on Euro-Re
- ICICI Pru Life to use multiple CEOs to drive profitability
 
 More  
Tax Shastra
  Now available at Special price
  Rs. 360/- Only

  Buy Now
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us