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Second Place

Light at the end of the multi-decadal vaccine tunnel

The race for a rotavirus vaccine has forced the government to change the rules of the game in a booming vaccine market. Bharat Biotech has the first-mover advantage but Serum Institute could have the last laugh

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The negotiation was a simple one. Vaccine makers needed an assured market, and the government, assured supply. Until recently, the lowest bidder for a government tender took it all. Not anymore. The supplier who scores the second place also has value. After a year of dialogue in 2016, there’s finally a consensus. The lowest bidder…

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