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Bharat Biotech credited ICMR, NIV as Covaxin co-inventors after missing them initially: JP Nadda
New Delhi: Union health minister J P Nadda revealed on Friday that the Indian Council of Medical Research (ICMR) and the National Institute of Virology (NIV) were not mentioned by Bharat Biotech as co-inventors in the patent application for Covaxin. The oversight was rectified following objections raised by the government.
In addition, Nadda disclosed during the Question Hour in the Lok Sabha that ICMR has received around Rs 172 crore in royalty from Bharat Biotech for Covaxin.
Covaxin, which was widely used as a COVID vaccine, was jointly developed by the Indian Council of Medical Research (ICMR), National Institute of Virology, and Bharat Biotech International Ltd.
Ruchika Sharma joined Medical Dialogue as an Correspondent for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751