Karnataka is set to house manufacturing units of Covaxin and Sputnik V COVID-19 vaccines amid a shortage of doses.
While Bharat Biotech's Covaxin manufacturing facility is under construction in Kolar district's Malur town, drug firm Shilpa Medicare, via its wholly-owned subsidiary Shilpa Biologicals Pvt. Ltd. (SBPL), has entered into a three-year definitive agreement with Dr. Reddy's Laboratories (DRL) for production and supply of the Russian-made Sputnik V vaccine from its integrated biologics R&D-cum-manufacturing center in Dharwad.
According to state Health Minister Dr K Sudhakar, the Kolar vaccine manufacturing facility will have a production capacity of four-five crore doses per month by August-end.
Also read | Bharat Biotech setting up COVID-19 vaccine unit in Karnataka: Deputy CMTalking to reporters in Bengaluru on May 17, Sudhakar said he held a video conference with Bharat Biotech founder Dr Krishna Ella, his daughter Dr Jala Ella and rest of the team. "Dr Ella has assured me that their facility at Malur in Kolar will be able to produce one crore vaccines by June-end. By July-end it will be by two to three crores, and their target by August-end is four crore to five crore vaccine doses," Sudhakar said.
The minister further said that Dr Krishna Ella and Bharat Biotech's directors had assured him that they will supply vaccine doses to Karnataka at the earliest. Sudhakar said he had asked them to provide a rollout schedule.
Meanwhile, SBPL said in a regulatory filing that its targeted production of the dual vector Sputnik V for the first 12 months is 50 million doses from the beginning of commercial manufacturing.
DRL soft-launched imported COVID-19 vaccine Sputnik V on May 14. The vaccine is priced at Rs 948, with five percent GST per dose (retail price of Rs 995.40).
Follow our LIVE blog for the latest updates of the novel coronavirus pandemicShilpa Medicare said DRL will facilitate the transfer of technology to SBPL. Under the agreement, SBPL will be responsible for manufacturing, while DRL will be responsible for distribution/marketing of the vaccine doses in its marketing territories.
Shilpa Medicare said the companies are also exploring the option to manufacture Sputnik Light, a single-dose version of the Sputnik V vaccine in the near future.
Also read: 13.2 lakh people received jab on May 18, over 18.5 crore shots administered in India so farKarnataka has so far conducted over 1.13 crore inoculations of the novel coronavirus vaccines. This number includes both the first and the second dose. However, it has suspended the vaccination drive for people between the 18-44 age group due to shortage of doses.
India is witnessing a second wave of COVID-19 infections and rapid mass inoculation is being seen as an effective way to curb further spread of the pandemic.
Follow Moneycontrol’s full coverage of the coronavirus pandemic hereDiscover 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!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.