December 13, 2024 15:31 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
French President Macron appoints centrist leader Francois Bayrou as new Prime Minister | Congress always prioritised personal interest over Constitution: Rajnath Singh | Jaishankar calls attack on Hindus in Bangladesh 'a source of concern' | Allu Arjun arrested over woman's death in stampede during Pushpa 2 premiere show | RBI receives bomb threat in Russian language, case filed | UP teenager kills mother, lives with body for 5 days | At least six people including a child killed in Tamil Nadu hospital fire | Amid Atul Subhash row, SC says mere harassment is not enough to prove abetment to suicide | India's D Gukesh becomes youngest ever world champion in chess | Devendra Fadnavis meets PM Modi amid suspense over Maharashtra portfolio allocation
Moderna
Image: Pixabay

Greece weighing production of Moderna, Sputnik V vaccines: Reports

| @indiablooms | Mar 27, 2021, at 10:56 pm

Athens/Sputnik: Greece is putting out feelers about possible production of Moderna and Sputnik V coronavirus vaccines on its soil, national media reported on Saturday, citing sources.

According to the Ta Nea daily, the country is currently in contact with foreign companies with regard to cooperation in vaccine production. The United States’ Moderna shots and Russia’s Sputnik V are said to be of greatest interest.

The main obstacle is reportedly the cost of production, which requires 100-200 million euros ($118-236 million) to launch as well as agreements with patent owners. Pharma companies are usually reluctant to share patents unless stringent conditions are in place to guarantee their protection, the Greek daily noted.

In addition, the project will require a great number of high-qualified personnel.

A solution may be to create a consortium of Greek companies that will jointly undertake the capital-intensive project.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.