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  • UP in talks with...

UP in talks with Pfizer, Dr Reddys, others for buying COVID vaccines for USD 1.36 billion

Ruchika SharmaWritten by Ruchika Sharma Published On 2021-05-14T09:00:32+05:30  |  Updated On 14 May 2021 6:07 PM IST
UP in talks with Pfizer, Dr Reddys, others for buying COVID vaccines for USD 1.36 billion
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New Delhi: India's most populous state will spend up to $1.36 billion to buy COVID-19 shots and held early talks this week with companies such as Pfizer and the local partner of the maker of Russia's Sputnik V, a state official said on Thursday.

The move by Uttar Pradesh, home to more people than Brazil, comes as many Indian states curtail vaccinations due to severe shortages amid a record surge in coronavirus infections, with India recording more than 4,000 deaths for a second straight day as its health system fails to cope.

Uttar Pradesh has also held pre-bid talks with Indian vaccine companies the Serum Institute of India (SII) - licensed to make the AstraZeneca and Novavax shots - Bharat Biotech and Cadila Healthcare as part of a global tender to buy 40 million doses over the next few months, state spokesman Navneet Sehgal told Reuters.

He said Johnson & Johnson could also confirm their participation in the tender by late Thursday via email. Sputnik V's local distributor, Dr. Reddy's Laboratories, has also held talks.

"Money is not an issue, we have a huge budget," said Sehgal, a senior bureaucrat in the state of 240 million people. "We will spend up to 100 billion rupees ($1.36 billion)."

He said funds would have to be diverted from other areas to buy the vaccines.

Dr. Reddy's and Bharat Biotech declined to comment. Pfizer, J&J, SII and Cadila did not immediately respond to requests for comment.

Uttar Pradesh has also separately ordered 10 million doses of the AstraZeneca vaccine and Bharat Biotech's Covaxin.

"WHERE IS 'INDIA'?"

Prime Minister Narendra Modi opened vaccinations to all adults from May 1, doubling the number of people eligible to an estimated 800 million, though domestic production will stay largely flat at about 80 million a month until July.

The result is that several states now plan to launch global supply tenders individually. Reuters earlier reported that the federal government would not import vaccines itself.

"Indian states left to compete/fight with each other in international market," Delhi Chief Minister Arvind Kejriwal said on Twitter.

"Where is 'India'? Portrays such a bad image of India. India, as one country, should procure vaccines on behalf of all Indian states."

Modi's office and the health ministry did not respond to requests for comment.

COVID-19 immunisations in the country in the past week have hit levels last seen in mid-March when India did fewer than 2 million doses a day and vaccinations were limited to only health and front-line workers.

The country has administered nearly 179 million doses, the most after China and the United States, but has given the required two doses to only 3% of its 1.35 billion people.

Vinod Kumar Paul, a top government official leading India's response to the pandemic, told a news briefing vaccine supplies would improve significantly from August. He said more than 2 billion locally made doses may be available between August and December.

That includes 750 million doses of the AstraZeneca vaccine and 200 million of Novavax, both via SII. Others include 156 million doses of Sputnik V and shots developed by Indian companies such as Biological E.

Read also: Cannot provide additional Covaxin doses: Bharat Biotech informs Delhi Govt


pfizersputnik vdr reddy's labsserum institute of indiabharat biotechjohnson and johnson
Source : Reuters
Ruchika Sharma
Ruchika Sharma

    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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