Serum Institute in Pune will undertake mass production of Covishield vaccine developed by Oxford-Astra Zeneca
The Prime Minister's Office said in a tweet on Sunday that the three teams are from Gennova Biopharma, Biological E and Dr. Reddy's.
Serum Institute of India said the Covid-19 vaccine developed by AstraZeneca and Oxford University is safe and effective, and the Indian trials are progressing smoothly
Following the successful closure of thetransaction, Richcore will be renamed as Laurus Bio Pvt Ltd, it added
In September, DRL and RDIF had tied up to conduct clinical trials and distribute the vaccine in India.
Pfizer and BioNTech said they plan to submit the data to other regulatory agencies around the world.
Players like Indian Immunologicals willing to partner US firm to manufacture here
Its vaccine's temperature requirements give it an edge over Pfizer's for distribution in India
Hopes of the world soon getting an effective vaccine were raised on Monday
The European Commission will sign a deal to secure up to 300 million doses of the experimental coronavirus vaccine developed by BioNTech and Pfizer
While prospects remain strong led by niche products and a differentiated business model, relatively rich valuations leave limited scope for upside in near-term
Drug firm AstraZeneca Pharma India on Thursday reported an 83.48 per cent rise in its net profit at Rs 26.33 crore for the quarter ended September 2020. The company had posted a net profit of Rs 14.41 crore for the corresponding period of the previous fiscal, it said in a filing to the BSE. Revenue from operations stood at Rs 209.47 crore for the quarter under consideration. It was Rs 208.48 crore for the same period a year ago, it added. Shares of AstraZeneca Pharma India closed at Rs4,295.80per scrip on the BSE, up 0.40 per cent from their previous close.
Upsides in the stock will depend on sustaining specialty and India sales growth
In talks with global players seeking manufacturing opportunity for potential Covid-19 vaccine
The US-based drug developer said data from a separate phase 3 trial being conducted in Britain was expected by the first quarter of 2021
Aurobindo's stock reacted positively to the news, going up in morning trade but later settled flat at Rs 784.65 on the BSE
The first vaccine candidate will be an intra-muscular one, followed by intra-dermal and nasal ones, depending on test results.
Even though Q2 performance missed estimates, analysts expect a stronger second half
The experts say that the novel analysis provides even greater clarity and detail about how the vaccine successfully provokes a strong immune response.
The Swiss drugmaker's revenue rose 1% to 14.7 billion francs ($16.1 billion), the company said