Aspen, India's Serum Institute sign vaccines deal for Africa
Aspen Pharmacare has signed a deal with the Serum Institute of India to manufacture and sell four Aspen-branded vaccines for Africa, as it seeks to utilise its near-idle Covid-19 vaccine production lines in eastern South Africa.
Aspen has a contract with Johnson & Johnson to package its Covid-19 vaccine into vials and earlier this year it extended its agreement to allow it to package, sell and distribute the vaccine under its own brand Aspenovax for Africa.
But it has not received a single order yet for the Covid vaccine and its J&J orders under its previous contract were also "dwindling", putting at risk its 450-million-dose vaccine production line.
Aspen CEO Stephen Saad and other executives told Reuters early in August the company might look at pivoting the Covid vaccine lines to produce anaesthetics or other products.
The vaccines under agreement with Serum will include hexavalent, pneumococcal, polyvalent meningococcal and rotavirus, Aspen said in a statement.
"Aspen SA Operations has secured a licence to the enabling know-how from the Serum Institute," it said, adding the two sides might also discuss expanding the agreement to include new products or new versions of products.
Aspen will also contribute towards preparedness for future pandemics through rights to a share of its vaccine manufacturing capacity over a period of ten years, it said in the statement.
The company is expecting grants from the Bill & Melinda Gates Foundation and the Coalition for Epidemic Preparedness Innovations for the same project, it added.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Supplier & Distributor of the Widest Range of Accurate & Easy-to-Use Alcohol Breathalysers
VISIT SHOWROOM
ESAB South Arica, the leading supplier of high-end welding and cutting products to the Southern African industrial market is based in...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
