GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

IN BRIEF: Beximco's Private Market Covid Vaccine Supply Delayed

Thu, 04th Feb 2021 14:51

Beximco Pharmaceuticals Ltd - Bangladesh-based generic pharmaceutical products and active pharmaceutical ingredients maker - Partner Serum Institute of India Pvt Ltd's supply to Beximco of a first instalment of the Oxford University and AstraZeneca PLC Covid-19 vaccine for the Bangladesh private pay market has been delayed. The delay is attributed to "prioritisation on supplying vaccine doses for government mass vaccination programmes" as well as World Health Organisation-led initiatives over private pay use. The length of this delay, which is for the first 500,000 doses of a 1 million dose deal is not yet known, Beximco says.

Beximco already has received 5 million doses from Serum Institute of India, which Beximco is distributing in Bangladesh as part of the government's mass vaccination programme. The deal is for a total of 30 million doses, to be delivered in monthly instalments until June 2021 and distributed exclusively by Beximco.

"Beximco reiterates that the impact of importing and distributing the vaccine is still expected to have a material positive impact on the company's full year results," it says.

Current stock price: 87.01 pence

Year-to-date change: down 13%

By Anna Farley; annafarley@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

Related Shares

More News
5 Jun 2024 09:52

LONDON BROKER RATINGS: Berenberg raises Taylor Wimpey to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday:

5 Jun 2024 09:27

AstraZeneca completes USD2.4 billion Fusion Pharmaceuticals purchase

(Alliance News) - AstraZeneca PLC on Wednesday said it successfully completed the acquisition of Boston, Massachusetts-based Fusion Pharmaceuticals In...

3 Jun 2024 08:59

AstraZeneca cancer treatment Tagrisso recommended for approval in EU

(Alliance News) - AstraZeneca PLC said that, following further positive findings in clinical trial, Tagrisso has been recommended for use in the Europ...

3 Jun 2024 07:28

AstraZeneca's lung cancer treatment recommended for approval in EU

(Sharecast News) - AstraZeneca has announced that its Tagrisso treatment for advanced lung cancer, when combined with chemotherapy, has been recommend...

2 Jun 2024 20:03

Astra's Enhertu breast cancer trial shows 'unprecedented' results

June 2 (Reuters) - AstraZeneca and Daiichi Sankyo's Enhertu slows the progression of breast cancer by about five months in women whose disease worse...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.