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Synopsis
Serum Institute of India (SII) - The world s largest vaccine producer will manufacture AstraZeneca Plc s Covishield and another formulation developed by U.S. rival Novavax Inc . Organizations such the GAVI vaccine group and the Bill & Melinda Gates Foundation are backing both candidates for large-scale distribution around the globe.
Reuters
India is focusing on affordable vaccines instead of the expensive messenger RNA shots.
Several Indian pharmaceutical companies are working to develop or manufacture at least eight anti-Covid-19 formulations as the world s largest producer of vaccines prepares for a massive response to the coronavirus pandemic.
India, which has itself been badly hit by the pandemic with nearly 10 million infections, the second-highest in the world, is focusing on affordable vaccines instead of the expensive messenger RNA shots of Pfizer Inc and Moderna Inc .
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