Covid-19: Govt seals deal for 300 million vaccine doses from Biological-E

BENGALURU: The

Union health ministry

said on Thursday it has inked a deal with domestic vaccine maker Biological-E for 30 crore Covid-19

vaccine doses

.

The government would be making an advance payment of Rs. 1500 crore to M/s Biological-E for the manufacturing of the vaccines.

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The vaccine, a RBD protein sub-unit vaccine, will be manufactured and stockpiled by Biological-E from August-December 2021.

The vaccine, which is currently undergoing phase-3 clinical trials, will likely to be available in the next few months, the

health ministry

said in a statement.


Biological-E, which also has a separate deal to produce about 600 million doses of Johnson & Johnson's Covid-19 shot annually, said on Tuesday it entered into a licensing agreement with Providence Therapeutics Holdings to manufacture the Canadian company's mRNA Covid-19 vaccine in India.

Biological-E will run a clinical trial of the vaccine in India and seek emergency use approval.

(With inputs from agencies)