InvestorQ : What is the latest status of the COVID-19 vaccine plans of Zydus Cadila?
vidhya Laxmi made post

What is the latest status of the COVID-19 vaccine plans of Zydus Cadila?

sarah Leo answered.
1 year ago

Zydus Cadila is expected to launch its three-shot COVID-19 vaccine, ZyCov-D, by September this year. The vaccine has just received the emergency use authorisation or EUA from the Drug Controller General of India or the DCGI, the Indian drug regulator. Cadila plans to manufacture and supply up to 40 lakh doses of ZyCov-D vaccine by September and will scale up to 4 crore vaccines by December.

However, the pricing is yet to be announced and is likely to be driven by the current benchmark prices. Zydus will supply these vaccines to the Indian government as well as directly to private hospitals. Cadila is also in discussions with potential manufacturing partners for scaling up the supply rapidly. It needs to play a key role if India has to complete its total vaccination by the middle of next year.

ZyCoV-D is the first plasmid DNA vaccine in the world and will be administered as a 3-dose vaccine on Day-1, Day-28 and Day-56. Also, ZyCoV-D is a needle-free vaccine administered with needle-free applicator called PharmaJet. It ensures painless intradermal vaccine delivery. This vaccine has been developed by Cadila in partnership with the Department of Biotechnology, Government of India. It has been tested on 28,000 participants.