Bharat Biotech signs deal with Brazilian wholesaler to supply Covaxin

Quantum of doses to be exported not known

Covaxin, bharat biotech, covid, coronavirus, vaccine, drugs, medicine, pharma
The Phase-3 efficacy trials are ongoing and data is expected around March
Sohini Das Mumbai
2 min read Last Updated : Jan 13 2021 | 12:22 AM IST
Bharat Biotech on Tuesday indicated that it has signed an agreement with Precisa Medicamentos, a wholesaler of drugs in Brazil to supply Covaxin to that country. 

Last week a team from cisa Medicamentos met Bharat Biotech chairman and managing director Krishna Ella and discussed the possibility of exporting Covaxin. During the disucssion, Brazilian ambassador Andre Aranha Correa do Lago joined via a virtual platform and expressed 'keen interest' on behalf of the government of Brazil in procuring Covaxin. 

"In principle, it is understood between both parties that supplies of Covaxin to be prioritised for the public market, through a direct procurement by the Govt. of Brazil. Supplies to the private market would be based upon receipt of market authorization from ANVISA, the Brazilian regulatory authority," Bharat Biotech said in a statement. 

Ella said, "Our goal for all vaccines developed at Bharat Biotech is to provide global access to populations that need it the most. Covaxin has generated excellent safety data with robust immune responses to multiple viral proteins that persist. We are happy to note that vaccines innovated in India are able to address the public health needs of Brazil.”

The company did not indicate how many doses are to be supplied to Brazil. 

After the technical visit to Bharat Biotech's Genome Valley facility in Hyderabad, the pharmaceutical director of Precisa Medicamentos, Emanuela Medrades said, “We identified highly technological, scientific and sanitary control levels. There were also excellent outcomes in clinical trials, which will be published soon. Bharat Biotech has exceeded our expectations, demonstrating quality and safety at the level of the largest vaccine suppliers in the world.”

Covaxin is a highly purified and inactivated two-dose SARS-CoV-2 vaccine, manufactured in a Vero cell manufacturing platform.

The Phase-3 efficacy trials are ongoing and data is expected around March. 

This vaccine has been developed in collaboration with the Indian Council of Medical Research (ICMR) - National Institute of Virology (NIV). This indigenous, inactivated vaccine is developed and manufactured in Bharat Biotech's BSL-3 (Bio-Safety Level-3) bio-containment 

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :CoronavirusBharat BiotechCoronavirus VaccineCoronavirus Tests

Next Story