On Tuesday, AstraZeneca had decided to stop trials after a participant fell sick with an unexplained illness.
The DGCI sought an immediate reply saying else "it shall be construed that you have no explanation to offer and action deemed fit will be taken against you"
Anthony Fauci said that AstraZeneca's decision to pause global trials of its coronavirus vaccine was unfortunate but not an uncommon safety precaution in a vaccine development process
Shares of AstraZeneca Pharma, closed over 3 per cent lower on Wednesday after its Covid-19 vaccine study was paused following a participant's unexplained illness
All that happened in the markets today.
According to the health ministry, Maharashtra, Andhra Pradesh, Karnataka, Uttar Pradesh and Tamil Nadu account for 62% of total active coronavirus cases in the country
The promise to play by established rules underlines a highly politicised debate over what action is needed to rein in Covid-19 quickly and to jumpstart global business and trade
The company, which is formulating and testing the vaccine in collaboration with Oxford University, is among the front-runners for last-stage trials of potential virus vaccine
Late-stage studies of AstraZeneca's Covid-19 vaccine candidate are on temporary hold while the company investigates whether a recipient's "potentially unexplained" illness is a side effect of the shot
Higher share of patented products, scope for margin improvement and chronic portfolio are key positives
The stock of the company was trading higher for the fifth straight day, surging 26 per cent during the period.
Astrazeneca said on Friday it is beginning Phase 1/2 clinical trials in Japan of its coronavirus vaccine candidate
AstraZeneca Plc, the company's parent firm, is expected to release initial data on whether a vaccine can stop people from getting the virus on September 15
The phase 3 trial is being implemented as part of Operation Warp Speed, a multi-agency collaboration led by the US Health and Human Services
The trial is being conducted under U.S. government's Operation Warp Speed program, which aims to accelerate development, manufacturing and distribution of vaccines and treatments for Covid-19
India commands 40 per cent of global capacity for vaccines which is estimated at 5.7 billion doses
Maharashtra has more than 600,000 confirmed coronavirus cases, which is almost equivalent to the case tally of the next two worst-affected states - Tamil Nadu and Andhra Pradesh - put together
Prime Minister Scott Morrison said Australia had reached a deal with Swedish-British pharmaceutical company AstraZeneca to receive the Covid-19 vaccine it is developing with Oxford University
Expects to complete trials by year-end
The EU move could complicate efforts led by the WHO and GAVI, a global alliance for vaccines, to buy shots on behalf of rich and developing countries with a separate scheme