Vaccine Makers Given Advance Payment Till July: Sources | Read

PUBLISHED ON: April 20, 2021 | Duration: 4 min, 58 sec

  
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The centre has given 100 per cent advance to two of India's Covid vaccine manufacturers till July, senior sources in the Finance Ministry told NDTV on Monday night. The advance - calculated as ₹ 3,000 crore for the Serum Institute (which produces Covishield) and ₹ 1,500 crore for Bharat Biotech (which produces Covaxin) will ensure the two manufacturers get the funding necessary to continue, and scale up, production of vaccines, the sources said.
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