AstraZeneca seeks Vietnamese partners for Covid-19 vaccine tech transfer
AstraZeneca plc is the first and largest supplier of Covid-19 vaccines for Vietnam with 55 million doses committed.
AstraZeneca plc, a British-Swedish multinational pharmaceutical and biotechnology company, has announced that it is choosing Vietnamese partners for transfer technology of Covid-19 vaccine production to the country.
|Vietnam's Prime Minister Pham Minh Chinh (R) and Nitin Kapoor, Chairman and General Director of AstraZeneca Vietnam & Frontier Markets at a meeting in Hanoi on Jan 19. Photo: VGP|
The move was revealed by Nitin Kapoor, Chairman and General Director of AstraZeneca Vietnam & Frontier Markets, at the meeting with Vietnam’s Prime Minister Pham Minh Chinh in Hanoi on January 19.
AstraZeneca is accelerating an US$88-million drug manufacturing tech transfer project in Vietnam.
Nitin Kapoor said the company considers lowering Covid-19 vaccine prices for Vietnam and speeding up the implementation of contracts signed with the Government of Vietnam during the PM’s visit to the UK in November 2021.
For his part, PM Chinh highly appreciated the company’s supply of 30 million doses of AstraZeneca Covid-19 Vaccine to Vietnam in 2021. The timely shipment has largely contributed to the flexible adaptation to Covid-19 in the Southeast Asian country.
Chinh requested AstraZeneca to continue providing up-to-date drugs against Covid-19 to Vietnam and share experience in vaccinating children aged 5-12. He said the Government will facilitate the company’s operations in Vietnam.
In contracts signed in the UK last year with the attendance of the Vietnamese PM and AstraZeneca CEO Pascal Soriot, the multinational pharmaceutical company announced $88 million to help Vietnam improve the domestic pharmaceutical production capacity, totaling its investment in the Southeast Asian country to $308 million for 2020-2024.
The latest investment is aimed to roll out three important kinds of drugs produced in Vietnam by AZ in the 2022-2030 period. In a broader move, its investment accelerates AstraZeneca’s existing efforts to expand access to healthcare and to improve the quality of healthcare delivery for Vietnamese patients. In addition, AstraZeneca will continue to drive the development of biomedical science and innovation in Vietnam through clinical research and R&D.
Accordingly, AZ will select a Vietnamese partner to transfer technology on producing world-standard drugs in Vietnam against non-communicable diseases (NCDs).
AstraZeneca is the first supplier of Covid-19 vaccine for Vietnam. In total, AstraZeneca inked deals to supply 55 million doses of vaccine for the country, becoming the biggest supplier of this kind of vaccine.
According to Nitin Kapoor, AstraZeneca and the Government of Vietnam have cooperated for 27 years.
- Vietnam remains committed to inclusive growth for world’s prosperity
- SEA Games 31: Vietnam crowned men’s football champion
- SEA Games 31: Vietnam defend women’s football champions
- SEA Games 31: Vietnam and Thailand to compete for football gold medal
- Vietnam, Singapore parliaments ink agreement to boost cooperation
- PM ends US trip with prospects of enhanced relations
- Greece wants to be transshipment hub for Vietnam goods to EU
- Vietnam seeks UNICEF support for children-focused SDGs by 2030
- Vietnam seeks climate finance from G7
- Hanoi gives SEA Games 31 warm, thoughtful welcome
High inflationary pressure put GDP 6.5% growth target at risk: Gov’t
SEA Games 31: Vietnam crowned men’s football champion
Where to go and what to do in Hanoi for locals and tourists?
“Vietnamese runners are my second family”: Timor Lester athlete at SEA Games 31
Hanoi wants to build second int’l airport in Thuong Tin
Hanoi handicrafts attract international SEA Games 31 guests
Exhibitions mark President Ho Chi Minh’s 132nd birthday anniversary
The Vietnam-US comprehensive partnership facilitates investment activities: PM
FPT opens new office in New York, 10th in US