Explorer

Hyderabad's Vaccine Capacity To Soar To 14 Billion Doses

Hyderabad currently accounts for one-third of global vaccine production with a capacity of about 9 billion doses per annum.

Hyderabad:  Hyderabad's vaccine capacity is to increase by more than 50 per cent to 14 billion doses, the highest for any region in the world, as the city-based Biological E on Thursday announced their expansion plans.The vaccine maker will invest more than Rs 1,800 crore in its facilities in Genome Valley.

This will cement further Hyderabad's position as 'vaccine capital of the world'.

Hyderabad currently accounts for one-third of global vaccine production with a capacity of about 9 billion doses per annum. This investment from Biological E will enhance the capacity by 5 billion doses increasing the cumulative capacity to about 14 billion doses each year.

The expansion is primarily targeted to ramp up the manufacturing of vaccines along with generic Injectables and R&D.

This expansion is expected to create more than 2,500 new jobs.

The announcement was made after Industry Minister K.T. Rama Rao's meeting with leadership of Biological E Managing Director Mahima Datla.

Also read| Erode Egg Donation: Madras HC Allows To Reopen Fertility Clinic Sealed By TN Govt

The company said this investment would be focused on manufacturing of Janssen Covid vaccine, MR vaccine, PCVA vaccine, Typhoid vaccine, Covid vaccine, Tetanus Toxide Ampoules, IPV vaccine and Pertussis vaccine, biological APIs and formulations.

All of these activities will be located in Genome Valley, which is India's first organised cluster for Life Sciences R&D and Clean Manufacturing activities, with world-class infrastructure facilities in the form of Industrial/Knowledge Parks, Special Economic Zones (SEZs), Multi-tenanted dry and wet laboratories and incubation facilities.

Genome Valley is home to more than 200 companies with a scientific workforce of about 15,000 professionals including presence of the marquee global names like Novartis, GlaxoSmithKline, Ferring Pharma, Chemo, DuPont, Ashland, United States Pharmacopeia, Lonza amongst many others.

Biological E has secured funding from US International Development Finance Corporation (DFC) to the tune of $50 million to expand the company's capacity to produce Covid-19 vaccines.

It has also developed one of the indigenous vaccines for Covid-19 in the country - Corbevax. The vaccine has also received nod from the Drugs Controller General of India (DCGI) for emergency use authorisation for the 5-12-year age group.

 

View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

Delhi-NCR Pollution: Centre Doubles Fines On Stubble Burning. Check New Penalty Charges
Delhi-NCR Pollution: Centre Doubles Fines On Stubble Burning. Check New Penalty Charges
'Can't Change Rules Midway': Big Supreme Court Verdict On Recruitment Process For Govt Jobs
'Can't Change Rules Midway': Big SC Verdict On Recruitment Process For Govt Jobs
Jammu & Kashmir MLAs Come To Blows Over Article 370 Issue, Assembly Adjourned: VIDEO
Jammu & Kashmir MLAs Come To Blows Over Article 370 Issue, Assembly Adjourned: VIDEO
Folk Legend Sharda Sinha’s Last Rites Performed With Full State Honours In Patna
Folk Legend Sharda Sinha’s Last Rites Performed With Full State Honours In Patna
Advertisement
ABP Premium

Videos

US Presidential Election 2024: 'I Will Fight for Your Future' Says Trump After Election VictoryUS Presidential Election 2024: 'Thank You to the American People,' Says Donald Trump After VictoryUS Presidential Election 2024: Donald Trump’s Address After VictoryUS Presidential Election 2024: 'We Will Make America Great Again,' Says Donald Trump After Victory

Photo Gallery

Embed widget