Moneycontrol PRO
HomeNewscoronavirusCOVID-19 crisis | US agrees to send Covishield supplies to India, expands funding for Biological E

COVID-19 crisis | US agrees to send Covishield supplies to India, expands funding for Biological E

US National Security Advisor Jake Sullivan spoke to India’s National Security Advisor Ajit Doval over the phone and offered to send resources and supplies for the Serum Institute of India to increase Covishield production.

April 25, 2021 / 23:04 IST
Representational image (Source: Reuters)

The United States said on April 25 that it will send additional support to India to help in its fight against the coronavirus second wave.

US National Security Advisor Jake Sullivan spoke to India’s National Security Advisor Ajit Doval over the phone and offered to send resources and supplies to the Serum Institute of India to increase Covishield production.

The US will also be supplying rapid diagnostic test kits, ventilators, and Personal Protective Equipment (PPE) to India.

NSC spokesperson Emily Horne said in a statement: “The United States has identified sources of specific raw material urgently required for Indian manufacture of the Covishield vaccine that will immediately be made available for India.”

“To help treat COVID-19 patients and protect front-line health workers in India, the United States has identified supplies of therapeutics, rapid diagnostic test kits, ventilators, and Personal Protective Equipment (PPE) that will immediately be made available for India. The United States also is pursuing options to provide oxygen generation and related supplies on an urgent basis.”

COVID-19 Vaccine

Frequently Asked Questions

View more
How does a vaccine work?

A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine.

How many types of vaccines are there?

There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine.

What does it take to develop a vaccine of this kind?

Vaccine development is a long, complex process. Unlike drugs that are given to people with a diseased, vaccines are given to healthy people and also vulnerable sections such as children, pregnant women and the elderly. So rigorous tests are compulsory. History says that the fastest time it took to develop a vaccine is five years, but it usually takes double or sometimes triple that time.

View more
Show

Horne further said: “The US Development Finance Corporation (DFC) is funding a substantial expansion of manufacturing capability for Biological E, the vaccine manufacturer in India, enabling BioE to ramp up to produce at least 1 billion doses of COVID-19 vaccines by the end of 2022.”

“Additionally, the United States is deploying an expert team of public health advisors from the Center for Disease Control (CDC) and USAID to work in close collaboration with the US Embassy, India’s health ministries, and India’s Epidemic Intelligence Service staff. USAID will also quickly work with CDC to support and fast-track the mobilization of emergency resources available to India through the Global Fund."

The US move comes after it faced criticism for not lifting the embargo on the export of raw materials for vaccines.

The SII, which is the world’s biggest vaccine manufacturer, had urged US President Joe Biden to lift the embargo on the exports of raw materials as it affected the production of Oxford-AstraZeneca COVID-19 vaccine shots.

Moneycontrol News
first published: Apr 25, 2021 10:59 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347