India is expected to provide 700M doses of Covaxin in 2021

Covaxin Phase III trial is anticipated by March 2021

Covaxin India

India is expected to provide 700M doses of Covaxin in 2021. Source:

According to GlobalData, an emergency approval for Covaxin in India will further strengthen its confidence. It will also confirm Bharat Biotech’s commitment to making the locally produced vaccine popular in other parts of the world.

Bharat Biotech recently applied for regulatory approval to conduct clinical trials in Bangladesh and applied for a EUA in the Philippines. Also, it has partnered with Brazilian company Precisa Medicamentos to distribute 12 million doses of Covaxin.

Brazil had 9,524,640 confirmed cases as of February 8, 2021, the third-highest number of confirmed cases in the world. Bangladesh had 538,378 confirmed cases and the Philippines have 538,995.

According to data, India aims to supply COVID-19 vaccines to friendly countries such as Mauritius, the Philippines, and Myanmar. Overall, 0.81 million doses of Covaxin will be provided free of cost as a goodwill gesture.

Bharat Biotech’s Covaxin is one of the only two vaccines having received EUA in India. Considering that Covaxin is extensively distributed as part of the vaccination drive in India, the level of confidence about Covaxin safety and efficacy has risen drastically, and this will further help it expand into other markets. It is also likely that the countries being targeted by Bharat Biotech are not the key markets from the global vaccine players’ perspective as their focus is more towards developed nations and fulfilling demand is also a significant constraint at the moment
Prashant Khadayate, Pharma Analyst at GlobalData

We’ve reported that Moderna on track to deliver additional 100 million doses to the US.


Pay Space

6884 Posts 0 Comments

Our editorial team delivers daily news and insights on the global payment industry, covering fintech innovations, worldwide payment methods, and modern payment options.