Coronavirus vaccine latest: Wockhardt ties up with UK govt to supply COVID vaccines

By: |
New Delhi | Published: August 3, 2020 4:10 PM

Coronavirus vaccine latest: Serum Institute of India has tied up with Oxford-AstraZeneca to mass-produce its vaccine, when it is ready, under the name of ‘Covidshield’.

coronavirus vaccine news update, coronavirus vaccine oxford, coronavirus vaccine trials, coronavirus vaccine UK, covid19 vaccine in India, covid19 vaccine latest news, covid19 vaccine tracker, covid19 vaccine found, covid19 vaccine trials, covid19 vaccine news uk, covid19 vaccine latest update, covid19 vaccine usaSerum Institute of India has tied up with Oxford-AstraZeneca to mass-produce its vaccine, when it is ready, under the name of ‘Covidshield’. (Reuters image)

Coronavirus vaccine latest: Indian drugmaker Wockhardt Ltd on Monday said it has entered into an agreement with the UK government to supply COVID-19 vaccine, according to a report by CNBC. The pharmaceutical company said it had reserved manufacturing capacity to supply vaccines to the UK. The company will supply millions of doses of multiple COVID-19 vaccines to the UK. Among those, one is being developed by Oxford-AstraZeneca, the report said. The COVID-19 vaccine manufacturing will be undertaken at CP Pharma, a subsidiary of the company in North Wales. Earlier, the UK government had funded scientists at Imperial College London to develop a Coronavirus vaccine.

Serum Institute of India has tied up with Oxford-AstraZeneca to mass-produce its vaccine, when it is ready, under the name of ‘Covidshield’. The Pune-based firm has obtained approval for the Phase II and Phase III human trials in India from the Drug Controller General of India. The Oxford-AstraZeneca vaccine is undergoing Phase II and Phase III human trials in the UK, Phase III trials in Brazil and Phase II, and Phase III trials in South Africa.

Last month, the Donald Trump administration had signed a multi-billion dollar deal with American pharmaceutical giant Pfizer and German biotechnology firm BioNTech. As part of the deal, 100 million doses of Pfizer-BioNTech’s coronavirus vaccine, when it is ready, will be delivered to the federal government of America. Pfizer-BioNTech’s experimental coronavirus vaccine has entered phase 3 human trials. Moderna, whose potential coronavirus vaccine has reached the Phase 3 human trials, has received funding from the US government.

The quest for developing an effective coronavirus vaccine has entered an interesting phase. Russia has claimed that the “world’s first vaccine” would be ready in August. One Chinese vaccine has reportedly got approval for military use. Around 140 vaccine candidates are at the preclinical stages. Oxford-AstraZeneca, Moderna, Pfizer-BioNTech, Sinovac, and Sinopharm have managed to enter Phase III of the human trials.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1COVID-19 vaccine: In race against time, vaccine developers look beyond conventional technologies
2COVID-19 tests in India cross 2-crore mark
3UK rolls out 2 new rapid COVID-19 tests