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SII, Aspen Pharmacare join hands to manufacture, sell vaccines in Africa
The deal with Serum gives Aspen certainty on volumes, which will eventually more than cover an expected decline in revenues from its COVID vaccine contract with J&J, CEO Stephen Saad said.
New Delhi: Aspen Pharmacare has signed a deal with the Serum Institute of India to manufacture and sell four Aspen-branded vaccines for Africa, as it seeks to utilise its near-idle COVID-19 vaccine production lines in South Africa.The agreement gives Aspen an assured pipeline of vaccine orders for years to come, CEO Stephen Saad told Reuters in an interview.Aspen has a contract with Johnson...
New Delhi: Aspen Pharmacare has signed a deal with the Serum Institute of India to manufacture and sell four Aspen-branded vaccines for Africa, as it seeks to utilise its near-idle COVID-19 vaccine production lines in South Africa.
Ruchika Sharma joined Medical Dialogue as an Desk Editor 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