US development bank to assist India’s Biological E for Quad Vaccine Partnership
Hyderabad-based Biological E Ltd will manufacture 1 billion doses of covid-19 vaccines including one developed by Johnson & Johnson under the Quad Vaccine Partnership announced on Friday, a White House press note said.
The note was issued after the first summit of the leaders of Quad countries – US, India, Australia and Japan. It comes in the face of a China that is seen as rising fast and being aggressive towards neighbours with territorial disputes and employing coercive tactics with trade partners.
The summit on Friday was a virtual one with Indian foreign secretary Harsh Vardhan Shringla later telling reporters that an in-person meeting of the Quad leaders would happen later this year.
The Quad Vaccine Partnerhsip, under which the four countries will pool in their strengths and resources for global good, is seen as the key and concrete takeaway from the leaders’ summit.