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Aurobindo Pharm: Aurobindo Pharma says Rs 420 crore deal to acquire 51 per cent in Cronus Pharma cancelled
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Aurobindo Pharma cancels Rs 420 cr deal to acquire 51% stake in Cronus Pharma
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Coronavirus vaccine: India could approve emergency use of vaccines made by Pfizer and Bharat Biotech.
Aurobindo Pharma Ltd on Thursday said it would make and sell US-based COVAXX s Covid-19 vaccine candidate for supply in India and to the United Nations Children s Fund (UNICEF) under a licensing deal.
The Indian pharmaceutical company also has non-exclusive rights to sell the shot, which is currently undergoing an early-stage trial, in certain other emerging markets, the Hyderabad-based company said in an exchange filing.
COVAXX, a unit of privately-owned United Biomedical Inc, plans to pursue mid- and late-stage trials for the vaccine candidate from early 2021 in Asia, Latin America and the US.