Wednesday, January 27, 2021
Home News Reports India already makes over 60% of the world’s vaccines, now gears up to meet...

India already makes over 60% of the world’s vaccines, now gears up to meet the global demand for billions of coronavirus vaccine doses

India is the world's largest vaccine manufacturer. As the world looks for billions of doses of affordable, easily stored vaccines, India is all set to deliver.

As several of the pharmaceutical companies have announced the development of a potent vaccine candidate for the coronavirus, the world has cast its eyes on India, the largest maker of the medicinal vaccines, to rise to the occasion and provide them with requisite doses of the vaccines. India, for its part, has pounced on the challenge, launching a massive vaccine production blitz, freeing up capacity and speeding up investments to capitalise on its vaccine production prowess, a report published by Reuters said.

With India manufacturing more than 60 per cent of the vaccines sold across the globe, even without its involvement in the manufacturing of the expensive Pfizer Inc and Moderna vaccines, India is all set to play a crucial role in vaccinating a major part of the world against a pandemic that has so far affected more than 68 million people and resulted into deaths of over 1.58 million.

The Indian pharmaceutical companies are gearing up to prepare eight, more economical vaccines, including the AstraZeneca’s Covishield, which is being called “vaccine for the world” because of the efforts to make it cheap and easily available for poorer nations.

Foreign envoys impressed by India’s preparations for coronavirus vaccine production

About 64 foreign envoys recently visited India’s COVID-19 facilities in Hyderabad, a trip organised by the Ministry of External Affairs(MEA), in a bid to showcase Indian companies’ prowess in building the vaccine to fight COVID-19. The envoys were briefed about Covid-19 vaccine programmes and how India has taken the lead in fighting the pandemic. India’s leadership in vaccine development was backed by the statesmanship of PM Modi, who announced that the vaccines would be available for all of humanity.

The Ministry of External Affairs said that it would conduct similar trips for foreign envoys in other cities as well to exhibit India’s competence in large-scale manufacturing of vaccines.

Denmark’s envoy to India, Ambassador Svane Freddy, told media that he was proud to be a part of India’s journey in taking the lead on the COVID front. “It has been a great visit to Genome Valley, first to Bharat Biotech and then to Biological E. It is fantastic how India is setting the new standard. India is becoming a global hub for vaccines. It is impressive. India is moving and taking a lead. I am proud to be part of that,” he said.

Another foreign diplomat, Australia’s ambassador to India, Barry O’Farrell, who also toured the vaccine manufacturing sites in India, had glowing words of praise for India’s vaccine manufacturing capabilities. “There are many vaccine manufacturers across the world but there’s only one nation that has the manufacturing capacity to produce enough quantities to fulfil the demands of citizens in every country, and that’s India,” Barry said.

Indian vaccine manufactures expand their vaccine production capacity in anticipation of global orders

India’s vaccine production capability is reinforced by vaccine makers such as Serum Institute of India(SII), who holds the distinction of being the world’s largest vaccine manufacture. SII, which is based in Pune, has already amassed 50 million doses of the Oxford-AstraZeneca shot, even though the vaccine is yet to receive the go-ahead approval for emergency-use from both the British and Indian authorities. SII intends to stockpile around 400 million doses of Covishield by mid-2021 and is currently involved in establishing new production lines to support its goal of rolling out one billion shots a year.

SII CEO Adar Poonawalla has been quoted by Reuters as saying that the affordability and the volume capacity of India will make it an important player in the world’s fight against the coronavirus. “Because the volumes coming out of India and the affordability of the vaccines, there is no other country that will contribute more towards ending the pandemic than India,” Poonawalla said.

To this end, SII has signed deals with US biotech firm Codagenix, Novavax and Austria’s Themis and has lowered its production capacity for other diseases. The company has also been investing a lot in cold storage rooms, transport and logistics to meet the demand.

Another company, Bharat Biotech, has sought an emergency approval for its government-backed vaccine candidate, is in discussions with more than 10 countries in South America, Asia and Eastern Europe to sell its product. Besides being affordable, Bharat Biotech and AstraZeneca’s vaccines candidates do not require to be stored at extreme cold temperatures as is the case with the Pfizer’s vaccine. Many of the countries from South America, Asia and Africa lack the robust cold storage facilities required to store Pfizer’s vaccine. Bharat Biotech’s coronavirus vaccine, therefore, offers a very compelling alternative to these countries in their fight against the coronavirus.

Russia, which has also claimed of producing an effective coronavirus vaccine, has signed contracts with Indian manufactures to produce 100 million doses of Sputnik V vaccine every year.

It is notable here that the vaccines by Pfizer and Moderna need to be stored at below -70 degrees C. A requirement that makes them expensive to store and transport, as a result, raising the price of each shot exponentially. Most nations want an affordable vaccine to help their populations.

Ancillary companies step up their production capacity to match the spurt in vaccine manufacturing

The global interest in India for vaccine manufacturing has galvanised many manufactures to invest heavily in enhancing production capacities without having deals in their hands.

Rishad Dadachanji, a director at Schott Kaisha, which manufactures vials, said that his organisation has taken a “calculated risk” and is in discussions with 10 vaccines makers at home and abroad to manufacture their coronavirus candidates. It plans on increasing its manufacturing capacity by 300 million to 1.5 billion vials.

Similarly, their rival firm SGD Pharma India and Piramal Glass are also expanding their production base, in anticipation of large vaccine orders. SGD intends to boost up its capacity by 100 million units to its current capacity of 350 million glass vials, while Piramal has claimed that it could increase its production by 100 per cent just at a month’s notice, as per the Reuters report.

Other ancillary companies are also likely to benefit from the recent spurt in the manufacturing of the coronavirus vaccines. Pharmaceutical behemoths such as Dr Reddy’s Laboratories, Cadila Healthcare, logistics company FedEx, cold storage special Snowman Logistics and Hindustan Syringes & Medical Devices and many others stand to gain from the increased coronavirus vaccine manufacturing.

Hindustan Syringes has scaled up its capacity by 42 per cent to 1 billion units by June 2021. It has so far sold 140 million syringes that disable themselves after one use to the international vaccine distribution program COVAX.

The logistics companies also have a huge role to play in the transportation and shipping of the vaccines produced in India. Carrier Global, which operates 500 trucks with cold-storage facilities, have already asked their vendors to be on standby if there is a spurt in demand to transport vaccines from production site to vaccination centres.

Global logistics behemoth DHL is already involved in vaccine transportation work in India. It had recently brought in Russia’s Sputnik V vaccine for trials and claims that it will have a critical role to play in the foreseeable future in terms of exporting the vaccines and distributing them within the country.

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

OpIndia Staffhttps://www.opindia.com
Staff reporter at OpIndia

 

Related Articles

Trending now

Nirbhaya protests, blaming the govt and other excuses: Here’s how liberals came out to defend the Red Fort siege and the accompanying violence

Left-leaning liberals went on an overdrive to defend the desecration of Red Fort by the tractor rally protesters.

Rajdeep Sardesai lies twice, says ‘farmer’ was killed because the police shot him in the head: Here is the truth

In this way, those who had shared the fake news once would live under the false impression that it was indeed a case of police firing.

Hindus must ask now if their religious flag atop Lal Quila would be an acceptable sight

A lasting visual from this Republic Day, would be one of the Sikh flag unfurled atop the Red Fort, by violent Khalistanis

After violence was unleashed on streets of Delhi on Republic Day, ‘farmer’ body thanks ‘farmers’ for ‘unprecedented participation’

Samyukta Kisan Morcha further claimed that despite their efforts, 'some organisations and individuals' violated route and indulged in condemnable acts.

‘Flag of Khalistan is waving on Red Fort,’ ‘Historic Moment’: All Pakistan Muslim League celebrates “Black Day” for India

The All Pakistan Muslim League (APML) is celebrating the hoisting of the 'Khalistan Flag' at Red Fort on Republic Day.

During Delhi Riots, NDTV cropped stones from rooftop of mosques, now it paints violent mobs in tractor rally as humanitarian

NDTV tried to downplay the chaos by claiming that protesters made way for an ambulance that was stuck in Tractor Rally

Recently Popular

Protesting mob enters Red Fort, unfurl the Sikh flag, Terrorist outfit SFJ had demanded Khalistani flag to be hoisted: Details

The protestors have hoisted the flag on Red Fort that appears to be the Sikh Flag. Some believe it is the Khalistan Flag.

Professor who translated Rahul Gandhi’s “don’t need army if farmers are strong” speech in Erode faints after the speech: Reports

Muhammed Imran, who translated Rahul Gandhi's speech at Erode, collapsed after interpreting the speech from English to Tamil

‘Flag of Khalistan is waving on Red Fort,’ ‘Historic Moment’: All Pakistan Muslim League celebrates “Black Day” for India

The All Pakistan Muslim League (APML) is celebrating the hoisting of the 'Khalistan Flag' at Red Fort on Republic Day.

Here is how Congress and trolls tried to paint a Khalistani accused of spearheading the Red Fort siege as a ‘sanghi’

Deep Sidhu is accused of being responsible for the hoisting of the Sikh flag at Red Fort on Republic Day.

Is it actor Prosenjit Chatterjee in the portrait of Netaji Subhash Chandra Bose inaugurated by President Kovind? A fact check

It was claimed that it was actor Prosenjit Chatterjee in the portrait of Netaji Subhash Chandra Bose inaugurated by President Kovind.

Protesting ‘farmer’ spends Rs 35 lakh to modify his tractor for Republic Day rally

The modified tractor is fitted with huge wheels. It is said to withstand heavy rain and water cannon charge.
- Advertisement -

 

Nirbhaya protests, blaming the govt and other excuses: Here’s how liberals came out to defend the Red Fort siege and the accompanying violence

Left-leaning liberals went on an overdrive to defend the desecration of Red Fort by the tractor rally protesters.

Hundreds of children, artists for Republic Day were stuck at Red Fort crying, terrified by the mob: Reports

Around 200 artists of Republic Day parade were stranded since 12:00 PM near Red Fort. They were rescued by Delhi Police.

Here is how the Uttarakhand Youth Congress celebrated the Red Fort siege, incited violence by spreading fake news about protester death

The Uttarakhand Youth Congress shared a photograph from the Red Fort earlier today after the protesting mob breached its premises.

Here is how Congress and trolls tried to paint a Khalistani accused of spearheading the Red Fort siege as a ‘sanghi’

Deep Sidhu is accused of being responsible for the hoisting of the Sikh flag at Red Fort on Republic Day.

Rajdeep Sardesai lies twice, says ‘farmer’ was killed because the police shot him in the head: Here is the truth

In this way, those who had shared the fake news once would live under the false impression that it was indeed a case of police firing.

Tractor rally: Violence by the mob in Delhi leaves 83 policemen injured, attempt made to mow down Additional DCP with tractor

The tractor rally by farmers and Khalistanis in Delhi where they unleashed violence has left 18 policemen injured

Watch: Protestors throw away Tricolour, place Sikh flag on top of flag pole at Red Fort

Disturbing visuals emerge from the tractor rally on Republic Day.

Rahul Gandhi and CPIM use Republic Day insurrection to further their political agenda, demand repeal of farm laws

Sitaram Yechury and Rahul Gandhi are attempting to use the Republic Day violence to further the political agenda of their party.

Tractor rally on R-Day: Not just swords, violent protestors have come loaded with liquor too

Earlier, some violent protestors were seen attacking Delhi Police personnel with swords and trying to run them over with tractors.

Hindus must ask now if their religious flag atop Lal Quila would be an acceptable sight

A lasting visual from this Republic Day, would be one of the Sikh flag unfurled atop the Red Fort, by violent Khalistanis

Connect with us

245,563FansLike
496,912FollowersFollow
23,000SubscribersSubscribe