Supply chain disruptions, quality concerns and abrupt price hikes have been some of the issues resulting from over-dependency on a single source for supplies of life-saving drugs and other key raw materials. To mitigate risks associated with over-dependency on other nations, India's Health Minister Mansukh Mandaviya says the focus is to build self-reliance and promote the domestic pharmaceutical manufacturing industry, despite the decision to shut down two pharma public sector undertakings and disinvest three others, reports The Pharma Letter’s India correspondent.
In spite of being the manufacturing hub for the global pharmaceutical sector, "we were not the best in terms of research," the Health Minister told Parliament. "We thought about the lack of research when the pandemic hit. Today, we have Covaxin, developed and manufactured by Bharat Biotech; ZyCov-D, a DNA based vaccine which the world has been running after for years, has been built by Indian company Zydus Cadila," he said.
Two more indigenous COVID-19 vaccines will be available in the coming days, Mr Mandaviya told Parliament, adding that third phase trial data for both the new vaccines has been submitted by the drug companies. The minister hoped the data and trial of the two vaccines would be successful. "Both these companies are Indian, the research and manufacturing have also been done in the country," he said, adding with the government’s help Indian scientists had developed a COVID-19 vaccine in just nine months.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze