The Union Minister Nitin Gadkari suggested that more pharma companies needs to be given permission for the production of Covid-19 vaccine. He made the suggestion in view of the shortage of the vaccine and to increase production.
Mr. Gadkari said while addressing virtually to the Vice Chancellors of Universities that he will also request Prime Minister Narendra Modi to bring a law that would allow more pharma companies to manufacture the life-saving vaccine.
He said,”If the demand of vaccine is more than its supply then it creates a problem. So, instead of one company, 10 more companies should be allowed to make vaccines by paying 10 per cent royalty to the original patent holder of the vaccine”.
At the recent time, there are only two companies that are producing the vaccine- Bharat Biotech and Serum Institute of India namely Covaxin and Covishield respectively.
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