Biological-E’s vaccine candidate: What is it? How does it work?
04-06-2021 Fri 18:40
Amid the covid-19 pandemic, the central government has speeded up the vaccination capabilities. To meet the crisis of the vaccines, the Central government took the initiative to overcome the shortage of corona vaccine. On June 3, the Union Health Ministry finalised an agreement with vaccine maker Biological E to address the country's expanding demand for immunizations.
The Hyderabad-based vaccine maker would reserve 30 crore doses of its COVID-19 vaccine under the terms of the agreement. The pharma business would get an advance payment of Rs 1,500 crore in exchange for this. 'Biological E will manufacture the vaccine during August to December 2021', the Union Health Ministry stated.
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