Food Inflation
The Indian economy faces a multifaceted challenge as food prices continue to rise, exerting significant pressure on households and policymakers alike.
A day after getting the emergency use authorization (EUA) in India, Zydus Cadila has said that the commercial rollout for the vaccine will start in mid-September. The pharma major announced the future rollout plan in a virtual press conference held on Saturday.
Zydus’ Managing Director Sharvil Patel, said: “Our vaccine is 66 percent effective against the delta variant, with higher antibody levels in the age group of 12 years and 18 years.
“So far, 28,000 volunteers have participated in the trial of the vaccine at more than 50 locations. The results of the first and second trials have been published in the Lancet for scientific research and scrutiny, the results of the third phase trial will take 2 to 3 months to come.
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“So far, all the volunteers above the age of 12 years have participated in the trial, while 1,400 children whose age is less than 12 years have applied for the trial. No adverse impacts were observed during the vaccine trials, we have also conducted trials on Delta and Delta Plus variants.”
Talking about the vaccine price, he said that there will be more clarity about the price of the vaccine by next week.
On the question of mass supply of the vaccine, Patel said that the supply of vaccines will begin by mid-September.
He further said that the company is aiming at increasing the production of the vaccine up to 1 crore doses per month from the month of October with the help of the new production plant.
Patel added that the Zydus vaccine is the world’s first vaccine to be delivered with a microneedle injector manufactured with DNA technology that can reduce injection costs and adverse effects by 25 percent.
On distribution policy, he said: “Our vaccine can be stored at 25 AoC for 3 months. Our effort is to make 30 to 50 lakh vaccine doses in the coming few days, we are trying to produce 10 million doses per month from October.”
Zydus Cadila’s three-dose indigenous Covid-19 vaccine ZyCoV-D is the world’s first DNA-based jab that can be administered to people aged 12 and above.
Zydus Cadila received the EUA in India on Friday.
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