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Zydus Pivots To Multivariant COVID-19 Vaccine, Looks To Revlimid Opportunity

Board Approves Share Buyback

 
• By Vibha Ravi

Zydus is pivoting to a multivariant version of its plasmid DNA vaccine against COVID-19, ZyCoV-D, after the original didn’t receive an encouraging response. It also looks to launch a Revlimid generic in the second wave while an opportunity might soon emerge from Takeda’s Pentasa.

Mutating coronavirus
Evolving COVID-19 Situation Is Presenting Business Challenges • Source: Alamy

An August 2021 Indian approval for ZyCoV-D marked a global first as Zydus Lifesciences Limited’s COVID-19 vaccine became the first plasmid DNA vaccine approved for human use anywhere in the world.

However, excitement at the scientific breakthrough at the time has now been replaced with circumspection as top management charts a future for the relatively late entrant, which hasn’t found widespread adoption in the country for multiple reasons

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