Local production of COVID-19 vaccine eyed next year

Local production of COVID-19 vaccine eyed next year

 


The demand for the vaccine to control this pandemic is so high that the news brought about by the Department of Trade and Industry is very much welcomed.

Local pharmaceutical firms has signified there intention to start the domestic vaccine manufacture to meet the country’s demand for fighting the COVID-19.

One local pharmaceutical firm Glovax Biotech is looking to start its “fill and finish” operations for vaccine manufacturing by October next year, while United Laboratories Inc. may begin its own by 2023, the Department of Trade and Industry (DTI) said.

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Other firms talking with government for the local vaccine manufacturing are IG/IP Biotech and Dr. Zen Biotech Inc. Fill and finish, which is the final step in vaccine manufacturing, involves putting vaccine doses into vials.

Secretary Ramon Lopez’s  has showed to President Rodrigo Roa Duterte Glovax’s proposed location for vaccine manufacturing is in Clark in Pampanga.

Glovax has signed a P7.5-billion agreement with South Korean vaccine manufacturer Eubiologics for the local production of COVID-19 vaccines.

“It will be the first of its kind in the country,” Giovani Alingog, Glovax Biotech chairman and president, told The STAR over the phone. “It will be the start of a biotech industry here in the country.”

Alingog said this is a good news for the country’s readiness for pandemics. “A pandemic is becoming a regular event,” he said, noting that the world has been confronting pandemics almost every 10 years, beginning with SARS in 2003.

Another good news is the pledge of Manuel V. Pangilinan (MVP) and his MVP Group of Companies supports Glovax.

“He (MVP) said he will support Glovax to help the government and President Duterte,” Alingog said.

 

 



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Report from PhilStar

 

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