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PM asks vaccine companies to ramp up production, assures logistical support

PM asks vaccine companies to ramp up production, assures logistical support
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Last Updated: Apr 21, 2021, 07:48 AM IST
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In May 2020, Modi had directed officials not to differentiate between the public and private sectors and said the government should work as investor, incubator, evaluator and buyer of vaccines.
On Tuesday, the Prime Minister praised the efforts of vaccine manufacturers in developing vaccines in record time and producing them on a large scale to meet the requirement in India and for export to some countries.
Prime Minister Narendra Modi asked vaccine manufacturers to step up production to meet increasing demand a day after the government said all people 18 and above will be eligible for Covid jabs from May 1. He assured companies that the Centre will provide logistical support, including speedy and scientific approvals. ....

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Zydus Cadila seeks DCGI nod for use of hepatitis drug for Covid-19 treatment | India News

Representative image (AFP)
NEW DELHI: Drug firm Zydus Cadila on Monday said it has sought approval from the domestic drug regulator drugs controller general of India (DCGI) for additional indication of its hepatitis drug Pegylated Interferon Alpha-2b for treating Covid-19.
Phase-III clinical trials with Pegylated Interferon Alpha 2b, which company sells under the brand name PegiHep has shown promising results in treating Covid-19, Zydus Cadila said in a statement.
The interim results indicate that the drug when administered early on, could help patients recover faster and avoid much of the complications seen in the advanced stages of the disease, it added. ....

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BPCL share price: Stocks in the news: BPCL, Tata Motors, Cadila Healthcare, Max Financial & Godrej Properties

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Nifty futures on the Singapore Exchange traded 73.50 points, or 0.49 per cent, higher at 15,055.50 in signs that Dalal Street was headed for a positive start on Tuesday. Here are a few stocks which may buzz the most in today s trade:
BPCL) is likely to sell up to 8.68 crore shares, or 4 per cent of the company equity, through a block deal on Tuesday. The company, according to bankers, has set a floor price of Rs 435 per share, a 6.8 per cent discount to Monday’s closing price of Rs 467.
Zydus Cadila is likely to release the phase III data of its Covid-19 vaccine by the end of this month or early next month, a senior company executive said. ....

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Covid-19: WHO chief scientist says India exhibited capacity to innovate, manufacture vaccines | India News

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NEW DELHI: India has shown the capacity to be a global-scale manufacturer and also an innovator when it comes to coronavirus vaccines, World Health Organization s Chief Scientist Soumya Swaminathan said Monday.
Speaking at the Global Bio-India 2021, she opined that the fight against the coronavirus pandemic is at a very critical junction now as cases have suddenly gone up, particularly in Europe and America.
There are many uncertainties now, especially on the different variants of the virus, she noted.
India has shown the capacity to be a manufacturer at the global scale and also be an innovator when it came to vaccine development. There is a huge amount of scope to study the impact of vaccines, which needs to be thought-through by a very coordinated approach, she said. ....

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Investors turn to pharma stocks amid market crash; Nifty Pharma gains 1.5%

Read more about Investors turn to pharma stocks amid market crash; Nifty Pharma gains 1.5% on Business Standard. Among individual stocks, Lupin zoomed 3.4 per cent in the intra-day trade and hit a high of Rs 1,060, Sun Pharmaceuticals advanced 2 per cent, and Dr Reddy s Labs gained 1.7 per cent. ....

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