Exclusive: Pfizer wants to make vaccine in India if faster clearance,
export freedom assured - sources
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[March 10, 2021]
By Neha Arora and Krishna N. Das
NEW DELHI (Reuters) - Pfizer Inc has told
the Indian government it wants to produce its coronavirus vaccine
locally if assured of faster regulatory clearance and freedom on pricing
and exports, two sources with direct knowledge of the matter told
Reuters.
The U.S. company pulled an application last month seeking emergency
approval for its product in India after the drug regulator declined its
request to skip a small local safety trial. That has kept its vaccine,
developed with Germany's BioNTech SE, out of one of the world's biggest
drug markets.
Pfizer was the first company to apply for emergency use authorisation in
India, proposing to import doses from its U.S. and European facilities
instead of producing locally.
"U.S. companies want to produce vaccines in India under joint ventures,"
said one of the sources, citing Pfizer and fellow U.S. drugmaker Moderna
Inc.
"They want faster approvals for clinical trials and emergency
authorisation use. They fear the government will introduce price control
policies."
Another source confirmed Pfizer was interested in manufacturing in India
but Reuters could not find a second confirmation on Moderna.
The companies did not immediately respond to requests for comment.
India's health ministry directed Reuters to the foreign ministry, which
did not immediately respond to emailed queries.
While withdrawing its application in early February, Pfizer said it
would again seek emergency use approval to launch its COVID-19 vaccine
in India, potentially a market of 1.35 billion people, and would provide
more data as it becomes available.
On the government's demand to manufacture in India, the company earlier
told Reuters: "Once the pandemic supply phase is over and we enter a
phase of regular supplies, Pfizer will evaluate all additional
opportunities available."
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A vial and sryinge are seen in front of a displayed Pfizer logo in
this illustration taken January 11, 2021. REUTERS/Dado Ruvic/Illustration
A Indian official told Reuters in January the government had held
discussions with Pfizer and Moderna - both of which have reported
more than 90% efficacy for their vaccines - to make the shots in
India given its large pharmaceuticals capacity.
The Serum Institute of India, the world's largest vaccine maker, is
already bulk-manufacturing the Oxford University/AstraZeneca product
and plans to start producing the Novavax Inc shot from next month.
India's government has not allowed it to sell on the higher-priced
private market, however, and is also controlling exports. Pfizer and
Moderna, whose shots are more expensive than the AstraZeneca one
being used in India's immunisation campaign, are not comfortable
with strict price and export restrictions, one of the sources said.
This week, Reuters reported that leaders of the Quad alliance -
Australia, Japan, India and the United States - plan to announce
financing agreements to increase India's vaccine manufacturing
capacity at their first meeting on Friday.
The initiative will mainly involve production of the Novavax and
Johnson & Johnson shots for supplying to regions including Southeast
Asia, where their common rival China is making gains.
(Reporting by Krishna N. Das; Editing by Catherine Evans)
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