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Valneva will supply its chikungunya vaccine drug substance to SII, which will complete manufacturing and be responsible for seeking and maintaining regulatory approval of the vaccine in India and other Asian countries.

Future commercialisation will be based on a profit-sharing model along with single-digit million milestone payments towards technology transfer and regulatory approvals to Valneva.Adar Poonawalla, CEO of SII, said the collaboration with Valneva to bring this chikungunya vaccine to India and other parts of Asia was part of their focus on providing effective and accessible vaccines to address pressing public health needs.“The current outbreak in India underscores the fact, that containing chikungunya is an international public health priority.

AI for Smart City Mobility Solutions ✌️【Work From Home】✌️Begin investing today with ₹500 and achieve reliable, high returns every month.This collaboration to help address this urgent medical need by accelerating further access to our highly differentiated vaccine,” Thomas Lingelbach, CEO, Valneva, said.Get liveShare Marketupdates,Stock Market Quotes, and the latestIndia News… Read Moreandbusiness newson Financial Express.

Download theFinancial Express Appfor the latest finance news.Oil prices went down on Friday due to concerns about slower demand growth in 2025, particularly in China.

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Meanwhile, slower interest rate cuts could hinder economic growth and reduce oil demand.

Check the latest petrol and diesel prices in major cities on 20 December 2024.AI for Smart City Mobility Solutions Weekend Part-Time Jobs: Flexible and Lucrative