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Cleaners sweep the road as police and forensic experts investigate the site where a man was injured when a bomb he was carrying exploded, in central Bangkok February 14, 2012. REUTERS/Damir Sagolj

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Panacea Biotec signs swine flu vaccine pact

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From the Financial Times

India’s great newspaper battle

MUMBAI, March 3 | Wed Mar 3, 2010 1:58pm IST

MUMBAI, March 3 (Reuters) - Panacea Biotec (PNCA.BO) said on Wednesday it has signed an advance market agreement with the Government of India to manufacture Pandyflu, the firm's swine flu vaccine.

The company , which has set up a manufacturing unit in Punjab for the vaccine, will have an annual capacity of 45 million doses, it said in a statement.

The firm also said it expects the vaccine to be available by April 2010 for emrgency use, it added.

(Reporting by Nandita Bose; Editing by Prem Udayabhanu)

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