Image Source: INDIA TODAY

Brazilian billionaire Jorge Lemann’s foundation and other business interests will fund the building of factory to produce the COVID-19 vaccine being developed by Oxford University and pharmaceutical company AstraZeneca PLC. The Lemann Foundation said in a statement on Friday that the 100 million reais ($18 million) factory will be donated to Brazil’s premier biomedical research and development lab, the Oswaldo Cruz Foundation, or Fiocruz.
It said the factory will be ready to produce 30 million doses of the vaccine per month as of the beginning of 2021.