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Cadila gains 5% on DGCI nod for clinical trials of Covid-19 vaccine

The company has completed preclinical development and plans to begin the trials in July 2020

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The company intends to now rapidly ramp up the production capacities of ZyCoV-D at multiple sites

SI Reporter Mumbai
Shares of Cadila Healthcare surged 5 per cent to Rs 380 on the BSE on Friday after the company said its vaccine candidate for Covid-19 (ZyCoV-D) has received the permission from DGCI for human clinical trials.

In an exchange filing, the company said it has received the approval from Drug Controller General of India - Central Drugs Standard Control Organisation (DCGI-CDSCO) to initiate Phase I/II human clinical trials for its Covid-19 (plasmid DNA) vaccine. The company has completed preclinical development and plans to begin the trials in July 2020, it said.

In animal studies, the vaccine was found to