Union Minister Nitin Gadkari has shared a suggestion on vaccine deficiency. He said that 10 more companies should be approved to produce the vaccine so that the availability of the vaccine becomes sufficient.
Union Minister Nitin Gadkari on Tuesday suggested that some more pharmaceutical companies should be approved for production to increase the availability of the corona vaccine. Nitin Gadkari said this while addressing the Vice-Chancellors of universities through video conferencing.
‘Law should be made to approve companies’
He said that he would urge Prime Minister Narendra Modi that a law should be enacted to increase the production of life-saving drugs in the country and to approve pharmaceutical companies. It should be arranged to pay 10 per cent royalties by other pharmaceutical companies to the patent holder of the drug.
He said, “If the demand for the vaccine is more than the supply, then it will cause problems. Therefore 10 more companies should be employed to produce vaccines instead of one company. For this, the original parent company holding the vaccine should be paid a ten per cent royalty by other companies. ”He further added that the supply is completed in the country first, then the vaccine should be imported.
Only two companies are producing
Delhi Chief Minister Arvind Kejriwal too recently wrote a letter to Prime Minister Narendra Modi saying that Kendra should give the formula of the two vaccine companies to other competent pharmaceutical companies so that vaccine production can be increased. Currently, two companies are producing anti-Corona vaccines in the country. First India Biotech which is producing Kovaxin vaccine and second Serum Institute of India which is producing Kovishield.
Kejriwal said that both these companies can be given royalties from the profits made by other companies from vaccine production. Currently, only three vaccines are allowed to be used in the country – Covaxin, Covishield and Sputnik-V. Dr Reddy’s Lab is importing Sputnik-V from Russia. At present, its availability in the country is not widespread.