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Bharat Biotech, University of Sydney collaborate to advance vaccine research initiatives
Hyderabad: Bharat Biotech International and the University of Sydney Infectious Diseases Institute have inked a Memorandum of Understanding (MoU) to advance vaccine research initiatives, strengthen academic-industry partnerships and augment global efforts to combat infectious diseases.
Bharat Biotech is a world-leading vaccine and biotherapeutics manufacturer. During the Covid pandemic, it made the vaccine Covaxin, which was administered by millions across the globe.
As per a media release, the agreement aims to build strong sectoral and cross-organisational collaborations to design novel methodologies to tackle future epidemics and infectious diseases, besides leveraging academia-industry strengths to advance the science of vaccines and biotherapeutics.
Krishna Ella, Executive Chairman at Bharat Biotech, said, "Mutually, we are excited about the new opportunities to strengthen our shared vision, leverage the prowess of education and research capabilities to help build a healthier universe and improve people's lives by developing safer vaccine platforms. Most importantly, build the talent of young scientists with a passion to innovate."
Professor Jamie Triccas, Deputy Director at Sydney ID, emphasised the significance of this collaboration, saying, "Positioning Sydney ID on a global scale to drive innovation and highlight our expertise in the development of new vaccines and biotherapeutics is paramount."
"The reputational and societal impacts of developing novel vaccines to eradicate human and animal diseases that are safe, affordable, and effective cannot be overstated. Together with Bharat Biotech International Limited, we aim to make a lasting impact on global health."
Notably, India's capabilities in the manufacturing of vaccines came to the fore during the Covid-19 pandemic, where companies such as Bharat Biotech were able to provide vaccines that met a large volume of the world's demand. It supplied over 2.4 billion doses of Covid-19 vaccines.
India continues to make significant R&D investments to develop a roadmap for the design and delivery of vaccines for a future pandemic.
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
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