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Serum Institute plans to start COVID vaccine production outside India: Report

Ruchika SharmaWritten by Ruchika Sharma Published On 2021-05-01T15:38:33+05:30  |  Updated On 1 May 2021 3:38 PM IST
Serum Institute plans to start COVID vaccine production outside India: Report
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New Delhi: The Serum Institute of India, which manufactures the AstraZeneca Covid-19 vaccine, is planning to start vaccine production in other countries as it struggles to meet supply commitments, its chief executive officer told The Times.

"There's going to be an announcement in the next few days," Adar Poonawalla was quoted as saying by the newspaper in an interview published on Friday. Poonawalla said last week that the Serum Institute would be able to raise its monthly output to 100 million doses by July, later than a previous timeline of end-May. Several states in India have run out of vaccines against Covid-19.
He hoped to increase the Serum Institute's production capacity from 2.5 billion to 3 billion doses a year within six months, the Times reported, adding that he flew to London before Britain banned travellers from India eight days ago.
Coronavirus cases and deaths have surged in India as the world's second-most populous country has reported more than 300,000 new infections daily for nine consecutive days, hitting another global record of 386,452 on Friday.
The surge has led to a public health crisis and forced the government to seek oxygen, medicines and other essentials from abroad.
Read also: Serum Institute Covishield for States to now cost Rs 300 per dose
The nation's coronavirus cases may peak between May 3-5, according to scientists advising the government.
Some health experts said India became complacent when new cases were running at about 10,000 a day and the novel coronavirus seemed to be under control. Authorities lifted restrictions, allowing the resumption of large festivals and political rallies.

Read also: After Serum Institute, Bharat Biotech reduces Covaxin price to Rs 400 for states



serum institute of indiaserum institute of india newsastrazenecacoronavirus vaccinecovid-19coronavirusadar poonawalla
Source : Reuters
Ruchika Sharma
Ruchika Sharma

    Ruchika Sharma joined Medical Dialogue as an Correspondent for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751

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