List of Biotech Companies that are Developing Covid vaccine
🔍Insights
India started its vaccination programme for Covid-19 on 16 January 2021. The vaccination was first prioritized for frontline and healthcare workers. The Covishield vaccine and Covaxin have been approved by the government. There are many more companies working behind developing the vaccine in the country.
Serum Institute of India
Bharath Biotech
Biological E Ltd
Cadila Healthcare Limited
Dr.Reddy’s Laboratories Ltd
FAQ
Serum Institute of India
Serum Institute of India is an Indian Pharmaceuticals and Biotechnology company. It is the largest manufacturer of Vaccines around the globe. The company was founded in 1966 by Cyrus Poonawalla and is based in Pune, India. Adar Poonawalla is the Chairman, President, and CEO of the company.
Serum Institute of India has tied up with Astra Zeneca which is a pharmaceutical company. The company has released a vaccine called Covishield. They have also tied up with a U.S based rival Novavax.Inc.
The company has received funding from big organizations such as the Bill & Melinda Gates Foundation and Gavi Vaccine group. The funding is for delivering up to 200 million doses of both the vaccines for other low- and middle-income countries across the world and India.
In June 2020 Astra Zeneca had licensed the company to supply doses of its vaccines of up to 1 billion in numbers. It was concentrated on 60 low- and middle-income countries. Serum Institute of India is working on developing in-house vaccines and has partnered with Austria's Themis and U.S. biotech firm Codagenix to potentially manufacture their COVID-19 vaccines.
Serum Institute of India has already made and stored more than 50 million doses of Covishield. The company aims to increase its production to 400 million doses by the by the mid of 2021.
Bharath Biotech
Bharath Biotech International Limited is an Indian company which deals with biotechnology. The company has its headquarters in Hyderabad, India. The company is involved in drug development, manufacture of vaccines, drug discovery, bio-therapeutics, healthcare products, and pharmaceuticals.
The company was founded in the year 1966 by Krishna Ella. Krishna M Ella is the Chairman and the MD of the company. The company is working together with a U.S based company FluGen and the University of Wisconsin-Madison in the development of a vaccine against Covid-19.
It has partnered with the state-run Indian Council of Medical research in developing a vaccine against Covid-19 called as COVAXIN. The Company is trying to reach an agreement with more than 10 countries in Southern America, Eastern Europe, and Asia to sell their vaccines. The vaccine has been provided to the citizens of India.
Varad Kitey
Biological E Ltd
Biological E Limited is an Indian company which deals with Biopharmaceuticals. The company has its headquarters in Hyderabad, India. The company is involved in low-cost vaccine production in the country.
The company was founded in the year 1953 by Datla Venkata Krishnam Raju. Mahima Datla is the Managing Director of the company. The company had started its trials in November. It started its Phase I and Phase II trials.
The company had come into a partnership with Dynavax technologies and Baylor College of Medicine in Houston for the development of Covid-19 Vaccines.
Cadila Healthcare Limited
Cadila Healthcare Ltd is an Indian Multinational Company which deals with pharmaceuticals. The company has its headquarters in Ahmedabad, Gujarat, India. The company is involved in the manufacturing of generic drugs. In the fortune India 500 list, the company was ranked 100th in 2020.
Cadila Healthcare Ltd was founded in the year 1952 by Ramanbhai Patel. Pankaj R Patel is the chairman of the company and the Managing Director of the company is Sharvil P Patel.
The company got permission to conduct human trials for its Covid-19 vaccine named ZyCOV-D in July 2020 by the Drugs Controller General of India, Government of India. Cadila Healthcare Ltd has said that it will be able to produce up to 100 million doses of vaccines in a year in the initial stages.
Varad Kitey
Dr.Reddy’s Laboratories Ltd
Dr. Reddy’s Laboratories is an Indian Multinational Company which deals with the manufacturing and marketing of pharmaceuticals in India and across the globe. The company has its headquarters in Hyderabad, India.
The company has over 60 active pharmaceutical ingredients (APIs) for drug manufacture, 190 medications, critical care, biotechnology products, and diagnostic kits. The company was founded in the year 1984 by Kallam Anji Reddy, who is the Chairman of the company and Erez Israeli is the CEO of the company.
The company entered into an agreement with Russia to conduct final trials of its vaccine Gam-COVID-Vac (Sputnik V) Vaccine in India. The company plans to distribute around 100 million doses in the Country.
The Russian Direct Investment Fund will be supplying the vaccines for distribution in India. The subsidiary company of Dr. Reddy’s Laboratories Ltd Hetero Biopharma has announced that they would produce 100 million doses of Sputnik V.
FAQ
Which Covid vaccine is used in India?
Covishield vaccine, manufactured by Serum Institute of India, and Bharat Biotech's Covaxin are being used for the vaccination programme.
How many doses is AstraZeneca vaccine?
The AstraZeneca COVID-19 vaccine is given on a two-dose schedule.
What is the official name of the coronavirus disease?
On 11 February 2020ICTV announced “severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2)” as the name of the new virus.
Conclusion
The top companies are in the run for producing the Covid-19 Vaccines in India. There are already some vaccines being provided for the people in the country. 0.43% of the Indian population has already been vaccinated in the Country. Around 32.9 million doses of the vaccines have been provided in the country and 5.87 million have been fully vaccinated.
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