Skip to content
Search

Latest Stories

Hyderabad firm comes up with India’s ‘first protein subunit vaccine’

Hyderabad firm comes up with India’s ‘first protein subunit vaccine’

AN INDIAN biotech company has rolled out the country’s “first indigenously developed protein subunit vaccine” against the coronavirus.

Biological E Ltd said it has developed the vaccine, Corbevax, in collaboration with Texas Children’s Hospital Center for Vaccine Development and Baylor College of Medicine (Baylor) of Houston.

It is a recombinant protein subunit vaccine, developed from a component of the spike protein on the virus’s surface. The Hyderabad-based company said it helps the body build the immune response against the virus.

India’s drug regulator last month approved Corbevax, which, the company claims, will be “effective both in scale and affordability”.

Biological E which has already begun manufacturing the vaccine said it expects the production to cross 100 million doses per month from February. It has promised to supply 300 million doses to the government.

The first private sector biological products company of India said it plans to deliver more than one billion additional doses globally “soon”.

The company worked to make quality vaccines and pharmaceutical products “accessible to families around the world”, according to its managing director Mahima Datla.

“We resolved to develop an affordable and effective Covid vaccine. It has now become a reality.”

Founded in 1953, Biological E also developed vaccines for tetanus, Japanese encephalitis and measles and rubella over the years.

It supplies vaccines to more than 100 countries and its therapeutic products are sold in India and the US.

The company says it has eight WHO-prequalified vaccines in its portfolio.

More For You

Tesco boss Ken Murphy backs pubs in business rates row, urges government reforms

The average pub is expected to see its business rates bill rise by 76 per cent over the next three years

iStock

Tesco boss Ken Murphy backs pubs in business rates row, urges government reforms

Highlights

  • Tesco CEO Ken Murphy supports pubs struggling with business rates after Covid relief ended.
  • Average pub business rates bill to rise 76 per cent over next three years following Chancellor's Budget shake-up.
  • Labour's Pat McFadden refuses to rule out changes to property tax system amid mounting pressure.

Tesco chief executive Ken Murphy has backed Britain's struggling pubs in their battle against business rates increases, urging ministers to urgently reform the "fundamentally unfair" taxation system.

Murphy said pubs were suffering from higher property taxes after the end of Covid-era rates relief, which has added further costs to stretched landlords already grappling with minimum wage rises and increased employers' National Insurance contributions.

Keep ReadingShow less