Trending

Stories

Indian Cos Missing the Bus on Vaccines, mRNA-based Technologies: Jefferies

Tidio Live Chat Software - Add Tidio live chat software to your website in minutes. Contact visitors and turn them into happy customers. Enhance their experience and boost your sales. Get it for Free

WP Rocket - WordPress Caching Plugin

Must Read

Vaccines and mRNA-based technologies have rapidly emerged as promising new therapeutic modalities, but Indian companies are lagging behind in adopting these innovation platforms.

A report by foreign brokerage Jefferies said that Indian companies are missing the bus on relatively low-risk innovation.

Also Read

At a recent health conference in the US, several vaccine companies, including CureVac, Valneva, BioNtech and Novavax, set out their growth plans for a post-Covid world.

The report said that mass inoculation with mRNA vaccines has validated the mRNA technology and put vaccines in the spotlight. The companies set out plans to use mRNA technology/vaccines for other infectious diseases, such as flu and Chikungunya, and in oncology.

Elegant Themes - The most popular WordPress theme in the world and the ultimate WordPress Page Builder. Get a 30-day money-back guarantee. Get it for Free

“Our impression is that mRNA technology is widely available beyond the two major mRNA Covid vaccine producers. With the success of the Covid vaccines, conventional long timelines to vaccine approvals are likely to shorten and regulators should also accelerate the approval process,” Jefferies said.

“India’s vaccine deficit has provided a ready market for Indian companies to recoup initial investments in mRNA/vaccines. The existing commercial producers have been quick to scale up mRNA vaccines and a 30,000-subject India Covid trial costs $20 million, as per our estimate,” it added.

“Despite these advantages in a potential growth segment, the companies we cover, apart from Cadila, have shown a lack of interest in seeding these relatively low-risk opportunities,” Jefferies said in the note.

It said vaccines and mRNA-based technologies have rapidly emerged as promising new therapeutic modalities. Indian companies are lagging behind in adopting these innovation platforms, despite Covid-19 providing a mode of entry, it added.

iThemes WordPress Hosting

Stay updated

Subscribe to our newsletter and never miss an update on the latest tech, gaming, startup, how to guide, deals and more.

Latest

Stories

- Advertisement -
- Advertisement -

Latest

Grow Your Business

Place your brand in front of tech-savvy audience. Partner with us to build brand awareness, increase website traffic, generate qualified leads, and grow your business.

- Advertisement -

Grow Your Business

Get these business solutions, tools and services to help your business grow.
Elementor

Elementor -Join 5,000,000+ Professionals Who Build Better Sites With Elementor. Build your website with 100% visual design that loads faster and speeds up the process of building them.

WP Rocket

WP Rocket - Speed up your website with the most powerful caching plugin in the world. The website speed increase means better SEO ranking, user experience, and conversation. It’s a fact that Google loves a fast site.

Kinsta

Kinsta - If you are looking for WordPress managed hosting, Kinsta is in the leading front. Kinsta provides WordPress hosting for a small or large business that helps take care of all your needs regarding your website with cutting-edge technology.

OptinMonster

OptinMonster - Instantly boost leads and grow revenue with the #1 most powerful conversion optimization toolkit in the world. 700,000+ websites are using OptinMonster to turn their traffic into leads, subscribers, and sales.

Related

- Advertisement -
- Advertisement -
DJI Mini SE 2 Will Make its Debut On Feb 9 Motorola Launched Mote E13 Smartphone in India Google Pixel 4 and 4 XL Get Last Update WhatsApp Introduces 5 New Features For Status Updates OnePlus First-ever Tablet Launching in India Today ChatGPT Reaches 100 Million Users in Two Months Microsoft’s Teams Get OpenAI-Based Features WhatsApp New Feature that Allows Users to Create Calling Shortcuts Instagram Working On Twitter-like Paid Verification Feature OnePlus Ace 2 Specs Exposed Online
DJI Mini SE 2 Will Make its Debut On Feb 9 Motorola Launched Mote E13 Smartphone in India Google Pixel 4 and 4 XL Get Last Update WhatsApp Introduces 5 New Features For Status Updates OnePlus First-ever Tablet Launching in India Today ChatGPT Reaches 100 Million Users in Two Months Microsoft’s Teams Get OpenAI-Based Features WhatsApp New Feature that Allows Users to Create Calling Shortcuts