BIRAC to grant Rs 600 million to Hester Biosciences

The Biotechnology Industry Research Assistance Council (BIRAC) has decided to grant Rs 600 million to Hester Biosciences to support COVID vaccine manufacturing under Mission COVID Suraksha.

The Board of Directors, in their Meeting held yesterday, have approved the execution of Grant-in-Aid Letter Agreement for grant of Rs 600 million (in phased manner) to the company by Biotechnology Industry Research Assistance Council (BIRAC), a Government of India Enterprise to support COVID vaccine manufacturing under Mission COVID Suraksha, Hester Biosciences said in a statement.