David Marchick led A high-level US team with the Chief Operating Officer of the US international Development Finance Corporation (DFC) will be visiting hyderabad soon as part of a tour to promote DFC investments in global health and enhance COVID-19 vaccine manufacturing capacity.

The COO will be accompanied by DFC Vice President of Development Credit Jim Polan and other senior DFC employees. The team will first tour south africa later will arrive in india on october 24 and will pay a visit to Biological E's offices in Hyderabad.

The united states pledged to donate 1.1 billion vaccine doses and has already sent almost 200 million to underdeveloped nations, more than the rest of the world combined. DFC's financial instruments are facilitating the expansion of vaccine manufacturing capacity in a variety of locations, using a variety of technologies, and in both major and small nations. DFC's assistance is already expected to help expand capacity to produce almost two billion COVID-19 vaccine doses globally by the end of 2022, with further projects in the works. In addition, the organisation is trying to improve access to important medicines and introduce medical equipment that is intended for low-resource settings.

According to an official news release, the group will take part in a signing ceremony for the opening of a new vaccine manufacturing facility with significant capacity. This effort is in support of President Biden's historic promise made during the 'Quad Summit.'

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Hyderabad

Kailas Ashwin Sathish

16/10/2021 01:35 PM