Foreign pharmaceutical companies making covid vaccines can do business here, but on the t- The New Indian Express

By PTI

NEW DELHI: Union Health Minister Mansukh Mandaviya on Friday said major foreign pharmaceutical companies making COVID-19 vaccines are demanding compensation and a waiver of sovereign immunity to supply their vaccines to India, but the government has made it clear that these companies are welcome to do business here but on “our terms”.

He was speaking at the launch of a book titled “A Nation To Protect – Leading India Through The Covid Crisis” written by Priyam Gandhi Mody.

Regarding foreign pharmaceutical companies wishing to supply vaccines to India, he said: “From the beginning, we were sure that foreign vaccine manufacturing companies are welcome to do business in the country, but it must be at the India’s conditions,” said the minister. .

He further said that the terms and conditions offered by these foreign companies reinforce the concept and the determination to develop indigenous vaccines and increase production.

“India already had the manpower and the brand power, the potential needed to be identified. Prime Minister Narendra Modi was determined and continued to encourage and motivate scientists and businesses,” he said. -he declares.

Mandaviya also said the world was amazed by India’s vaccination coverage which reached nearly 175 crores, adding that the third wave of COVID-19 is on the decline.

He said there were fewer deaths during the third wave due to widespread vaccination, except for those who died due to comorbidities and the elderly.

Speaking about the criticism the Center is facing over the vaccination campaign, the health minister said opposition leaders like Samajwadi party chairman Akhilesh Yadav had questioned the effectiveness of vaccines being produced in India and had refused to take them after calling them “BJP vaccines”.

A political figure has followers who are swayed by his comments… And a recent study showed how pockets where the vaccination rate is slow or where it started late have been impacted by Covid, he said.

Mandaviya also referenced Congress leader Rahul Gandhi questioning the availability of COVID-19 vaccines in the country.

He said the Prime Minister had asked them not to indulge in politics and to remain committed to ensuring that every citizen is vaccinated.