Govt grants Rs 24 crore to Epygen Biotech to begin cost-effective COVID vaccine trials
The vaccine will be made available to the government as well as for private consumption and is expected to hit the Indian market by the end of 2022 or early 2023, it added.
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New Delhi: Epygen Biotech on Monday said it has received a funding of Rs 24 crore from the Department of Biotechnology to initiate trials for a new COVID vaccine.
With an anticipated price point of less than Rs 150 per dose, this will be the first time an Indian company will be able to adopt the highly productive C1-cell protein production platform, which has been demonstrated by the scientists at the European Union Zoonotic Anticipation and Preparedness Initiative (ZAPI) program, Epygen Biotech said in a statement.
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