Page 24 - Imprint-magazine june-Issue
P. 24

Business News



        Bharat Biotech, GCVC sign MoU to produce drug

        substance for Covaxin



        Bharat Biotech shall provide the technology for the production of the drug sub-
        stance for Covaxin and GBRC will act as an advisor and mentor and will
        facilitate the technology transfer from Bharat Biotech


        Hester Biosciences on 27th        (GCVC) for contract                GCVC comprises Gujarat Bio-
        May 2021 said a memorandum        manufacturing the drug             technology Research Centre
        of understanding (MoU) has        substance for Covaxin.             (GBRC), Hester Biosciences and
        been signed between vaccine                                          Omnibrx Biotechnologies Pvt
        maker Bharat Biotech and Gu-                                         Ltd
        jarat Covid Vaccine Consortium     The entire process                Read More

                                          is facilitated by the
                                             Department of

                                             Biotechnology



        IIL to produce drug substance for Bharat Biotech’s

        Covaxin



        First batch to be dispatched to Bharat Biotech by July



        To further increase the            IIL has announced its plans to    K Anand Kumar, Managing
        COVID-19 vaccine                   begin the production of drug      Director, IILs in a release said
        manufacturing capacity, Bharat     substance meant for COVID-19      the firm is expected to produce
        Biotech partnered with Indian      vaccine Covaxin from June 15,     the drug substance initially for
        Immunologicals Ltd (IIL) to        and despatch the first batch to   two to three million doses per
        make the drug substance for        Bharat Biotech by July.           month.
        Covaxin.                                                             Read More


        Zydus Cadila gets USFDA approval for generic drug




        The company has received approval from the US Food and Drug
        Administration (USFDA) to market in the US its generic version in strengths of
        1 mg,




           The drug will be                Drug firm Zydus Cadila on         certain type of mental
           manufactured at                 Saturday said it has received     ailments.
                                           final approval from the US
        the group’s formula-               health regulator to market        Zydus Cadila said, the company

         tion manufacturing                Fluphenazine Hydrochloride        has received approval from the
                                                                             US Food and Drug
                                           tablets, used in the treatment
          facility at the SEZ,             of                                Administration (USFDA)
              Ahmedabad                                                      Read More




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