Gennova Biopharma's COVID-19 vaccine found to be safe in early trials

Gennova Biopharma's COVID-19 vaccine found to be safe in early trials
ET Online
Share
Font Size
Save
Comment
Synopsis

The company has been allowed to conduct further studies to test efficacy and other parameters.

AFP
Gennova Biopharmaceuticals' COVID-19 vaccine has been found to be safe and effective in an early-stage study, according to India's drug regulator.

The company has been allowed to conduct further studies to test efficacy and other parameters. The Maharashtra-based pharmaceutical company plans to conduct a late stage trial at close to 25 sites in the country.

Gennova's vaccine production is partially funded by the Centre, which gives it access to the Ministry of Science and Technology's clinical trial network.

A government statement announcing the approval also added that the company will scale up its manufacturing capacity.

With inputs from Reuters.

Read More News on

(Catch all the Business News, Breaking News Events and Latest News Updates on The Economic Times.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.