Ocugen’s India Partnered COVID-19 Vaccine Gets WHO Approval: Report

WHO's Technical Advisory Group has recommended the Emergency Use Listing status for Bharat Biotech's COVID-19, Covaxin.
  • WHO’s Technical Advisory Group has recommended the Emergency Use Listing status for Bharat Biotech’s COVID-19, Covaxin.
  • Read Next: Ocugen Reverses Course From Monday’s Massive Surge As COVID-19 Vaccine Partner Faces WHO Setback.
  • Ocugen Inc (NASDAQ:OCGN) is the U.S. partner for the India-made vaccine.
  • The World Health Organization’s panel had last week sought additional clarifications from the firm.
  • The Technical Advisory Group had met on October 26 and sought additional details from Bharat Biotech. 
  • Covaxin has demonstrated 77.8% effectiveness against symptomatic COVID-19 and 65.2% protection against the new Delta variant. 
  • Related Link: Ocugen’s India-Based Partner Concludes COVID-19 Vaccine Trials In Children: Report.
  • WHO’s approval will open travel channels to several countries that are yet to include Covaxin in their approved list of vaccines.
  • Additionally, Covaxin has been granted an extension of shelf life for up to 12 months from the date of manufacture by India’s drug regulator.
  • Covaxin initially had a shelf life of six months.
  • Price Action: OCGN shares are down 4.47% at $14.98 during the market session on the last check Wednesday.
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