Serum Institute expects nod for Covishield in few days
Indian drug regulatory body is looking at the UK's approval to this vaccine before giving nod for Emergency Use Authorization to its Indian counterpart developed by SII.;
New Delhi: Pune-based Serum Institute of India on Monday expressed hope at the possibility of Covid-19 vaccine - Covishield receiving the regulatory approval in "few days", while emphasising that the company has a massive stockpile 40-50 million doses.
The drug maker has partnered with global pharma giant AstraZeneca and the Oxford University for making the vaccine and is conducting trials in India. Indian drug regulatory body is looking at the UK's approval to this vaccine before giving nod for Emergency Use Authorization to its Indian counterpart developed by SII.
"We have 40-50 million doses of Covishield stockpiled. Once we get regulatory approvals in a few days, it will be down to the government to decide how much they can take and how fast. We will be producing around 300 million doses by July 2021," Serum Institute CEO Adar Poonawalla told a press conference.
He added, "India is a part of COVAX. We will keep giving 50 percent of everything we make to India and to COVAX at the same time. India has such a large population that we will probably end up giving the majority of those 50 million doses to India first."
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