Aurobindo Pharma expects phase-I, II trials of Covid-19 vaccine by end of 2020
According to Govindarajan, the company's viral vaccine manufacturing capacity in India would be undertaken in two phases. The first phase would be ready by October and the commercial facility by March, next year.;
Hyderabad: Aurobindo Pharma has said it is expecting its proposed vaccine candidate for COVID-19 to undergo Phase I and II trials by the end of 2020, while Phase III may be undertaken during March-April next year.
Managing Director of Aurobindo Pharma, Narayanan Govindarajan in the recently held earnings call with analysts said the city-based pharma major has earmarked USD 150-200 million towards capex during the current fiscal.
He said the vaccine for COVID-19 is being developed by Profectus BioSciences Inc in US, which was acquired by Aurobindo Pharma's subsidiary Auro Vaccines LLC. According to Govindarajan, the company's viral vaccine manufacturing capacity in India would be undertaken in two phases. The first phase would be ready by October and the commercial facility by March, next year.
"So on the VSV platform, they (Auro Vaccines) are already developing a COVID-19 vaccine as well and we are creating the capacity in India wherein there are two phases of capacity. The first set of capacity would be ready by October, where we would like to make the product and start the Phase-I and Phase-II by the end of the year."
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