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Biden Order to Ban Investment in 59 Chinese Defense and Tech Firms

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The Biden administration will issue a new executive order on Thursday that bans U.S. entities from buying or selling publicly traded securities for 59 Chinese companies with alleged ties to defense or surveillance technology sectors, senior administration officials said. The Treasury Department will enforce and update on a “rolling basis” the new ban list, which […]

At 12:00 AM

Maharashtra May Produce India’s Next Covid Vaccine as Wockhardt ‘Strikes Deal for 500 Million Doses’

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Wockhardt, the Mumbai-headquartered drug maker, is reportedly in ‘advanced stages of discussions’ for a deal related to Covid-19 drugs and vaccine. A formal announcement on the front may be ‘expected over the next two-three weeks’. This comes a day after Union Health Ministry finalised arrangements with Hyderabad-based vaccine manufacturer Biological-E to reserve 30 crore coronavirus vaccine doses […]

At 12:00 AM

Biological-E Vaccines May be Out in ‘Few Months’ as Centre Finalises ‘Advance’ Deal for 30 Crore Doses

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The Union Ministry of Health finalised advance arrangement for 30 crore Covid-19 vaccine doses with Hyderabad-based M/s Biological-E Ltd on Thursday. The COVID-19 vaccine of Biological-E is currently undergoing Phase-3 clinical trial after showing promising results in Phase 1 and 2 clinical trials. The vaccine being developed by Biological-E is a RBD protein sub-unit vaccine […]

At 12:00 AM