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India’s Biological E. to begin Phase III trial of vaccine, production from August

Stock Markets37 minutes ago (May 07, 2021 03:35AM ET)

(C) Reuters.

By Krishna N. Das

NEW DELHI (Reuters) – India’s Biological E. Ltd will soon start Phase III trials of its COVID-19 vaccine and plans producing 75 million to 80 million doses a month from August, its managing director told Reuters on Friday.

The company has developed the vaccine with Baylor College of Medicine in Houston and Dynavax (NASDAQ:DVAX) Technologies Corp. Late last month it received approval from India’s drug regulator to conduct a Phase III clinical trial, which Managing Director Mahima Datla said would begin soon.

Government officials have said the vaccine, which uses the recombinant-protein technology in which a harmless agent is used to stimulate an immune response in cells, could be rolled out in the country from August.

Datla said Biological E. would apply for emergency use authorisation (EUA) for the drug based on government advice.

Production “from August but EUA depends on the government. Will follow their advice and directives,” she said in a text message. “75-80 million doses a month from the time of launch.”

Datla declined to comment on any firm deal to contract-manufacture the Johnson & Johnson (NYSE:JNJ) vaccine. She told Reuters in February that Biological E. was looking to make about 600 million doses of the J&J vaccine annually.

J&J said last month it was in talks with India’s government to begin a clinical trial of its single-dose shot.

India, battling the world’s worst jump in coronavirus infections, has partially or fully immunized only about 10% of its 1.35 billion people. It has administered a total of 163 million doses of the AstraZeneca (NASDAQ:AZN) shot and a domestically made one called Covaxin.

The country has also received doses of the Sputnik V vaccine from Russia though it has not been launched yet in the country. India has also urged Pfizer/BioNTech and Moderna (NASDAQ:MRNA) to sell their shots to the country.

India’s Biological E. to begin Phase III trial of vaccine, production from August

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