Monday, November 29, 2021


yes punjab punjabi redirection

Lokan Da Channi

Channi 8

Bijli Bill


Sada CM


Mera Ghar

Kisan Karza

Markfed Sept to Nov

Innokids Green

Biological E to get $50 mn from US DFC to boost Covid vax production

- Advertisement -

Hyderabad, Oct 24, 2021- In a major boost to Covid-19 vaccine production in India, Hyderabad-based Biological E Limited will receive $50 million assistance from the United States International Development Finance Corporation (DFC).

DFC Chief Operating Officer David Marchick and Biological E. Limited Managing Director Mahima Datla will sign a finance agreement here on Monday to expand Covid-19 vaccine manufacturing capabilities of Biological E.

The funding, announced at the Quad Leaders Summit held virtually in March 2021 and attended by Prime Minister Narendra Modi, will help Biological E (BE) to ramp up its capacities to make over one billion doses Covid-19 vaccines by the end of 2022.

The agreement will help bolster near-term Covid-19 response efforts and will also benefit long-term global health in India and throughout the Indo-Pacific region, said the US Consulate in Hyderabad.

The agreement will be signed in the presence of Patricia Lacina, Charge d’Affaires, US Embassy New Delhi, Joel Reifman, US Consul General, Vani Rao, MEA Joint Secretary, K.T. Rama Rao, Telangana’s minister for information technology and industries K.T. Rama Rao, Taga Masayuki, Consul General of Japan and Sarah Kirlew, Consul General of Australia.

An informal strategic forum comprising India, the US, Japan and Australia, Quad aims at countering China’s growing influence in the Indo-Pacific region.

US pharma major Johnson & Johnson entered into an agreement with BE in August last year for the creation and enhancement of manufacturing capacities for drug substance and drug product for Johnson & Johnson’s Covid-19 vaccine candidate.

BE will manufacture over 500 million doses per annum of Janssen, a single-shot vaccine developed by Johnson & Johnson.

The Hyderabad-based firm is also developing a vaccine in collaboration with Dynavax Technologies Corporation (Dynavax), a US-based vaccine focused Biopharmaceutical Company, and Baylor College of Medicine, a health sciences university in Houston.

In November last year, BE announced that it has initiated clinical trials of subunit vaccine candidate in India following approval from the Drugs Controller General of India (DGCI).

Founded in 1953, Biological E claims to be the first private sector biological products company in India. It develops, manufactures and supplies vaccines and therapeutics.

The company supplies its vaccines to over 100 countries and its therapeutic products are sold in India and the US. It currently has 8 WHO-prequalified vaccines in its portfolio. (Agency)

Subscribe to YesPunjab Telegram Channel & receive important news updates

- Advertisement -

Yes Punjab - TOP STORIES

Punjab News

Sikh News

Transfers, Postings, Promotions

- Advertisement -spot_img

Stay Connected






Taliban Fighters

The ‘Good’, the ‘Bad’ and the ‘Deobandi’ Taliban – by Asad Mirza

While an effort to classify the Taliban into good and bad is rather easy, the underlying reasons to classify them as Deobandi becomes a...
Interest Rates

When you (and everyone else) expect interest rates to rise – by Suyash Choudhary

The last few weeks have been notable from a global rates environment standpoint, particularly in developed markets. Markets across many such geographies have brought...
Diwali Diya

Diwali resolution we need in Covid times for a breathable future – by Dr Rajat Arora

The much-awaited festival of lights stands at our threshold -- the harbinger of peace and prosperity. With the economy coming back on track after...


Health & Fitness

Device alerts risk of heart attack

This device alerts risk of heart attack due to over exercising

New Delhi, Nov 28, 2021- There have been reports of sudden death of some film actors and other big personalities. Despite being healthy and young, these deaths happened due to cardiac arrest. Experts say a big reason for this is excessive exercise. IIT scholars have now come up with an innovative device that will raise an alarm about the risk...

Gadgets & Tech