<p>The Union Health Ministry has struck an agreement with Hyderabad-based vaccine manufacturer Biological-E to reserve 30 crore of its vaccines for which the ministry would be making an advance payment of Rs 1,500 crore.</p>.<p>The company would manufacture and stockpile the vaccine, currently undergoing phase-III clinical trials after successful phase-I and II evaluations, between August and December.</p>.<p>“The Covid-19 vaccine of Biological-E is currently undergoing phase-III clinical trials after showing promising results in phase-I/II trials. It is likely to be available in the next few months. The proposal of Biological-E was examined and recommended for approval after due diligence by the National Expert Group on Vaccine Administration for Covid-19,” the ministry said in a statement.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/serum-institute-applies-to-dcgi-to-produce-sputnik-v-covid-19-vaccine-993233.html" target="_blank">Serum Institute applies to DCGI to produce Sputnik V Covid-19 vaccine</a></strong></p>.<p>The third phase trial began around 40 days ago at 15 sites across India on 1,268 persons of 18-80 years of age. The trial, sources said, might take at least another two months to complete following which the results will be submitted to the Central Drugs Standard Control Organisation.</p>.<p>Developed jointly with Baylor College of Medicine, Houston, the RBD (receptor binding domain) protein sub-unit vaccine was found to be safe and triggered an immune response in the phase-I/II of clinical trials, involving 360 healthy subjects in the age bracket of 18-65 years. The vaccination schedule consists of two doses administered via intramuscular injection 28 days apart.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/covid-19-serum-institute-of-india-seeks-indemnity-protection-report-993198.html" target="_blank">Covid-19 | Serum Institute of India seeks indemnity protection: Report</a></strong></p>.<p>The vaccine candidate has been supported by the Centre from pre-clinical stage with the Department of Biotechnology not only providing financial assistance of more than Rs 100 crore but also by partnering with Biological-E to conduct all animal challenge and assay studies at Translational Health Science Technology Institute, Faridabad.</p>.<p>This is one of the five under-development Covid-19 vaccines that the Centre has taken into account while estimating availability of 216 crore doses by 2021 end to inoculate a target population of 95 crore Indians.</p>
<p>The Union Health Ministry has struck an agreement with Hyderabad-based vaccine manufacturer Biological-E to reserve 30 crore of its vaccines for which the ministry would be making an advance payment of Rs 1,500 crore.</p>.<p>The company would manufacture and stockpile the vaccine, currently undergoing phase-III clinical trials after successful phase-I and II evaluations, between August and December.</p>.<p>“The Covid-19 vaccine of Biological-E is currently undergoing phase-III clinical trials after showing promising results in phase-I/II trials. It is likely to be available in the next few months. The proposal of Biological-E was examined and recommended for approval after due diligence by the National Expert Group on Vaccine Administration for Covid-19,” the ministry said in a statement.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/serum-institute-applies-to-dcgi-to-produce-sputnik-v-covid-19-vaccine-993233.html" target="_blank">Serum Institute applies to DCGI to produce Sputnik V Covid-19 vaccine</a></strong></p>.<p>The third phase trial began around 40 days ago at 15 sites across India on 1,268 persons of 18-80 years of age. The trial, sources said, might take at least another two months to complete following which the results will be submitted to the Central Drugs Standard Control Organisation.</p>.<p>Developed jointly with Baylor College of Medicine, Houston, the RBD (receptor binding domain) protein sub-unit vaccine was found to be safe and triggered an immune response in the phase-I/II of clinical trials, involving 360 healthy subjects in the age bracket of 18-65 years. The vaccination schedule consists of two doses administered via intramuscular injection 28 days apart.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/covid-19-serum-institute-of-india-seeks-indemnity-protection-report-993198.html" target="_blank">Covid-19 | Serum Institute of India seeks indemnity protection: Report</a></strong></p>.<p>The vaccine candidate has been supported by the Centre from pre-clinical stage with the Department of Biotechnology not only providing financial assistance of more than Rs 100 crore but also by partnering with Biological-E to conduct all animal challenge and assay studies at Translational Health Science Technology Institute, Faridabad.</p>.<p>This is one of the five under-development Covid-19 vaccines that the Centre has taken into account while estimating availability of 216 crore doses by 2021 end to inoculate a target population of 95 crore Indians.</p>