Though our target is a billion doses, we may have an upside as we are evaluating various doses in the phase-1 and -2 studies, said Datla
The vaccine candidate is in phase 1/2a clinical trials
Biological E Ltd has entered into an agreement with Janssen Pharmaceutica NV, part of pharma major Johnson & Johnson, for creation and enhancement of production capabilities to manufacture the latter's COVID-19 vaccine. Johnson & Johnson's COVID-19 vaccine candidate (Ad26.COV2.S) is currently in Phase 1/2 a clinical trials, a press release from the city-based vaccine maker said on Thursday. "We are very pleased indeed to collaborate with an organisation like Johnson & Johnson. Given the magnitude of COVID-19 pandemic, our ability to mount an effective response will be predicated on the ability to supply the vaccine globally and in significant quantities. This is best achieved through collaboration," said Managing Director of BE, Mahima Datla. BE is looking forward to deploying its manufacturing infrastructure to support Johnson & Johnson's commitment to global access to its COVID-19 vaccine, Director of Bio E Holdings Inc, Narender Dev Mantena, who heads .
The company will raise $30 mn from IFC to support the proposed expansion plan for its pipeline of vaccines and pharma products, besides playing a role in expediting Covid-19 vaccine development
Biological E received the authorisation from the Central Drugs Standard Control Organisation for Typhoid conjugate vaccine
The new plant will come up at a special economic zone