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Pin to quick picksAstrazeneca Share News (AZN)

Share Price Information for Astrazeneca (AZN)

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Share Price: 12,050.00
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India pins hopes on locally-tested COVID-19 vaccines given Pfizer constraints

Tue, 17th Nov 2020 13:53

By Krishna N. Das

NEW DELHI, Nov 17 (Reuters) - India hopes five
locally-tested vaccines will help it to control COVID-19, as
those developed by Pfizer and Moderna may not
be available to it in big quantities soon.

The five candidates include Russia's Sputnik-V whose
"Phase-II going to Phase-III" trials in India will start next
week in collaboration with Dr Reddy's Laboratories,
Vinod Paul, the head of a committee advising the prime minister,
said.

The other experimental vaccines are the one being developed
by AstraZeneca and Oxford University which is being
manufactured by the Serum Institute of India; Bharat Biotech and
the Indian government's COVAXIN; Zydus Cadila's ZyCoV-D and
lastly one being developed by Biological E. Ltd alongside Baylor
College of Medicine and Dynavax Technologies Corp.

Paul told a news briefing that AstraZeneca vaccine's
last-stage trials in India had gone well and had almost been
completed. The country of 1.35 billion people has reported 8.87
million infections, second only to the United States, and
130,519 deaths as a result of COVID-19.

"We are very hopeful that we will be successful with the
five vaccines," Paul said on Tuesday. "They are easy platforms,
availability of doses is very high. They will be able to control
our pandemic in terms of the numbers of doses required."

Paul said the government was also watching the progress of
the Pfizer and Moderna vaccines, both of which have said interim
results of last-stage trials of their candidates showed that
they were more than 90% effective.

Unlike Pfizer's vaccine which must be kept at minus 70
degrees Celsius or below, Moderna's can be stored at normal
fridge temperatures, making it more suited for poorer countries
such as India where cold chains are limited.

"This obviously will be a very big hindrance to scale up the
vaccine," Paul said of Pfizer's, adding that if India finds
itself needing to do so it will pursue this option.

"If we are required to form our strategy on this particular
vaccine, then we will proceed with it. Though, even if we get
it, we will get it in a few months only. But talks are ongoing."
(Reporting by Krishna N. Das;
Editing by Alexander Smith)

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