Wockhardt clinches a deal for 500 Million Doses for India’s next Covid vaccine

Interested in writing political and/or movie related content for Telugubulletin? Creative writers, email us at "[email protected]"

94,598FansLike
57,763FollowersFollow

Wockhardt, the Mumbai based drug maker, is said to be in ‘advanced stages of discussions’ for clinching a deal to produce Covid-19 drugs and vaccine. A formal declaration in this regard may be expected over the next two-three weeks..

The decision came as an outcome the day after Union Health Ministry finalised advance deal with Hyderabad-based vaccine manufacturer Biological-E to stockpile 30 crore coronavirus vaccine doses.

Reportedly, Wockhardt is in liaison with multiple players for technology transfer collaborations to manufacture anti-Covid vaccine, oral and nasal drugs. The medicines will be developed at a dedicated space in existing and new facilities in Maharashtra’s Waluj and Shendra, near Aurangabad.

Wockhardt is also in talks with the global vaccine manufacturers as well as the Indian government for distribution of these medications.

Also the firm has already came into a pact in India for production of an undisclosed vaccine, which may commence in October. Wockhardt chairman Habil Khorakiwala assured that the company is now well equipped to manufacture 500 million doses a year and is in talks with overseas pharma companies to get collaborations for already approved vaccines too.

“Since the relevant agreements are not yet fully finalised, the same has not been informed to the stock exchanges”, Habil added.

Silver Screen

Deepika Padukone and Ranveer Singh announces Pregnancy, due in September!

Bollywood couple Deepika Padukone and Ranveer Singh are going to have their first baby. Deepika shared this joyful news on her Instagram account. She...

People Media Factory’s Production No 32 Titled Swag

Hero Sree Vishnu and director Hasith Goli will be re-uniting for yet another exciting project that is going to be more entertaining than Raja...

Nagababu says ‘SORRY’ for his words!

Tollywood actor Varun Tej starrer Operation Valentine is slated to release on March 1. This movie is directed by Shakti Pratap Singh in the...

Director Krish in absconding, mentioned A10 in FIR!

The Gachibowli Radisson Hotel drug case is heating up and many shocking details are coming out. Several celebrities names have come up and one...

Gopichand’s Bhimaa: Here Is the Pre-release Business Info

Gopichand's film "Bhimaa" is set to release on March 8th. The trailer has generated significant excitement, especially due to its action sequences infused with...

Politics

Pawan Kalyan’s aggression shakes up YCP

Pawan Kalyan was at his aggressive best at the meeting that was held by JSP and TDP together in Tadepalligudem the other day. He...

Nagababu confirmed Anakapalle MP ticket?

Konidela Nagababu is back to being active in AP politics and the same can be understood if he have a look at his recent...

Pawan Kalyan assures 98% success rate

Pawan Kalyan announced that JSP will contest in 24 MLA seats and 3 MP seats in the coming election and he went on to...

Pawan Kalyan promises Jagan a ‘Yuddham’

JanaSena chief Pawan Kalyan and Chandrababu Naidu made a joint announcement on the first list of the candidates for the coming election and this...

Confirmed: Pawan Kalyan contesting from Bhimavaram

Pawan Kalyan has locked the constituency that he will be contesting from in the coming elections. This has been confirmed by the first list...

Most Read

Deepika Padukone and Ranveer Singh announces Pregnancy, due in September!

Bollywood couple Deepika Padukone and Ranveer Singh are going to have their first baby. Deepika shared this joyful news on her Instagram account. She...

People Media Factory’s Production No 32 Titled Swag

Hero Sree Vishnu and director Hasith Goli will be re-uniting for yet another exciting project that is going to be more entertaining than Raja...

Nagababu says ‘SORRY’ for his words!

Tollywood actor Varun Tej starrer Operation Valentine is slated to release on March 1. This movie is directed by Shakti Pratap Singh in the...

Pawan Kalyan’s aggression shakes up YCP

Pawan Kalyan was at his aggressive best at the meeting that was held by JSP and TDP together in Tadepalligudem the other day. He...

Director Krish in absconding, mentioned A10 in FIR!

The Gachibowli Radisson Hotel drug case is heating up and many shocking details are coming out. Several celebrities names have come up and one...