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Panacea Biotec, Serum Institute Ink Long-Term Pacts

Panacea Biotec has now announced two long term agreements with Serum Institute of India (SII) and SII’s wholly owned subsidiary, Bilthovan Biologicals B.

Rajesh Jain, Panacea’s Joint Managing Director, points out that millions of children in developing countries with an annual birth of about 121 million, will get easy access to the fully liquid Hexavalent vaccine containing six important antigens to protect against six diseases – Diphtheria, Tetanus, Pertussis, Hepatitis B, Haemophilus influenza type B and Polio.

Under the collaboration, Serum will be manufacturing and distributing the fully liquid Whole cell Pertussis (wP) and Salk-based Injectable Polio Vaccine (IPV) based Hexavalent vaccine (DTwP-HepB-Hib-IPV) developed and commercialised by Panacea Biotec, touted to be the first of its kind, a joint release said.

In the next two years, both vaccine companies will together get this wP-IPV-based Hexavalent Vaccine introduced in the government’s National Immunisation Programme.

Serum Institute of India will ensure supply of IPV bulk to Panacea Biotec, an important constituent of the Hexavalent vaccine, from its wholly owned subsidiary BBIO, a bioengineering and pharmaceutical company, registered in The Netherlands having technology and expertise for making the IPV, earlier possessed by only 3 other vaccine manufacturers in the World,

” the company press release said.

Adar C. Poonawalla, Serum Chief Executive and Executive Director, said the deal was “historic” since two Indian vaccine companies were collaborating to address the unmet needs of both the private and public market globally. With the convenience of ‘Six in one’, it has potential of over 250 million doses in about four years, with a market size of over $1.25 billion annually, he said.

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