BENGALURU (Reuters) – Indian drugmaker Shilpa Medicare Ltd has the production capacity to make 100-200 million doses of a recombinant vaccine for COVID-19, a company executive told Reuters on Wednesday.

The company’s shares jumped as much as 9.2% on India’s National Stock Exchange following the news.

Reporting by Sachin Ravikumar in Bengaluru; Editing by Shounak Dasgupta

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