Beximco Pharma joins hand with India’s Serum Institute for Covid-19 vaccine
Published 12:00 am | August 29, 2020
BPL will be the exclusive distributor of SII for this vaccine in Bangladesh, said a press release issued on Friday.
The investment amount will be treated as an advance and once the vaccine receives regulatory approvals, SII will include Bangladesh among the countries who will be the first to receive an agreed quantity of this vaccine from SII on a priority basis.
Dependent on SII’s production capacity and earlier commitments to other countries, BPL’s investment amount and SII’s priority supply commitment will be determined.
BPL will also facilitate to secure the needs of the government of Bangladesh (GOB) by offering the opportunity to reserve desired quantities for priority supply at prices to be agreed between the GOB and SII.
The company will also secure additional quantities of the vaccine to be distributed in the private pay market in Bangladesh.
The Oxford/AstraZeneca vaccine (AZD1222) is an adenovirus vector-based vaccine, currently undergoing large scale phase III trials in Brazil, US, UK and India. The UK trials are well underway and have shown very encouraging results and are expected to receive approval by the end of 2020. SII has already partnered with Oxford/AstraZeneca along with Gates Foundation and Gavi, to produce more than a billion doses of the vaccine for global supply.
Both Adar C Poonawalla, Owner and CEO of SII and Shayan F Rahman, Principal, BPL jointly commented, “We are excited to bring together two of the leading pharma companies in India and Bangladesh with the scale and capabilities to bring a hugely promising treatment to the people who need it the most. This landmark agreement reflects the deep-rooted desire for collaboration between the two countries and as representatives of the two nations, between us we can go a long way towards helping to mitigate the health crisis caused by the COVID-19 pandemic.”
দৈনিক সময় সংবাদ ২৪ ডট কম সংবাদের কোনো সংবাদ, তথ্য, ছবি,আলোকচত্রি, ভিডিওচিত্র, অডিও কনটেন্ট কপিরাইট আইনে র্পূব অনুমতি ছাড়া ব্যবহার করা সর্ম্পূণ বেআইনি। সামাজিক যোগাযোগ মাধ্যমে যে কোন কমেন্সের জন্য কর্তৃপক্ষ দায়ী নয়।