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Centre provides Rs 220 cr grant, Covaxin s monthly production to cross 10 cr doses by Sep
Among the public sector companies, Mumbai-based Haffkine Biopharmaceutical Corporation Ltd has been provided a grant of Rs 65 crore for manufacturing Covaxin.
BusinessToday.In | May 15, 2021 | Updated 18:15 IST
Production of Covaxin is expected to reach more than 10 crore doses per month by September, 2021.
The Centre has provided financial assistance in the form of grant of Rs 220 crore to vaccine manufacturers to boost the production of Bharat Biotech s COVID-19 vaccine Covaxin, and its production is expected to reach more than 10 crore doses per month by September this year.
The Department of Biotechnology, which is implementing Mission COVID Suraksha announced as part of Atmanirbhar Bharat 3.0 to accelerate development and production of indigenous COVID-19 vaccines, has provided financial assistance to vaccine manufacturers, the Ministry of Science & Technology said in a statement.