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Bharat Biotech signs agreement with Precisa Medicamentos

Supplies to the private market will be based upon receipt of market authorisation from ANVISA, the Brazilian regulatory authority

Bharat Biotech has signed an agreement with Precisa Medicamentos to supply its COVID-19vaccine Covaxin to Brazil.

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A team from Precisa Medicamentos visited the Bharat Biotech facility last week to discuss potential export possibilities of the vaccine, the indigenous antidote for the killer virus, the company said in a release.

The Brazilian Ambassador to India Andr Aranha Corra doLago expressed keen interest on behalf of his government towards procuring the vaccine and in principle, it was understood between both parties that supplies of Covaxin to be prioritised for the public market through a direct procurement by the Brazilian government, it said.

Supplies to the private market would be based upon receipt of market authorisation from ANVISA, the Brazilian regulatory authority.

”Covaxin is innovation and a perfect example of novel product development from India. Our goal for all vaccines developed at Bharat Biotech is to provide global access to populations that need it the most. Covaxin has generated excellent safety data with robust immune responses to multiple viral proteins that persist. We are happy to note that vaccines innovated in India can address the public health needs of Brazil,” said Krishna Ella, CMD, Bharat Biotech.

After the technical visit to Bharat Biotech’s GenomeValley facility here, the pharmaceutical director of Precisa Medicamentos, Emanuela Medrades, said ”We identified highly technological, scientific and sanitary control levels. There were also excellent outcomes in clinical trials, which will be published soon. Bharat Biotech has exceeded our expectations, demonstrating quality and safety at the level of the largest vaccine suppliers in the world.” 

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