Bharat Biotech on Wednesday issued a clarification over the procurement process of Covaxin in Brazil and other countries. However, procurement happens only post EUA In order to secure a firm Purchase Order from the country, the company proceeds to raise a Pro Forma Invoice to the MOH, towards the supply of the vaccine Based on the invoice, the MOH pays …
In the wake of Brazil suspending a $324-million deal for Covaxin shots over allegations of graft, the vaccine’s manufacturer, Bharat Biotech, has denied any wrongdoing and claimed it followed a "step-by-step" approach to get regulatory approval in the South American country. “In the specific case of procurement of Covaxin by MOH Brazil, since the first meetings with MOH Brazil during …
