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  • Serum Institute waives...

Serum Institute waives indemnity over AstraZeneca COVID vaccine for refugees

Ruchika SharmaWritten by Ruchika Sharma Published On 2021-12-24T09:00:31+05:30  |  Updated On 24 Dec 2021 1:29 PM IST
Serum Institute waives indemnity over AstraZeneca COVID vaccine for refugees
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New Delhi: The Serum Institute of India (SII) has waived its protection from legal liabilities for any AstraZeneca-Oxford COVID-19 shots it supplies to a global programme for refugees, a spokesperson for the GAVI vaccine alliance told Reuters on Wednesday.

The news comes days after Reuters reported that tens of millions of migrants may be denied COVID-19 vaccines from the vaccine-sharing programme COVAX
because of concerns over who would be liable in the event of harmful side-effects.
Many COVID-19 vaccine manufacturers require that countries indemnify them for any adverse events suffered by individuals as a result of the vaccines. But where governments are not in control - in the case of refugees - that is not possible.
With the waiver, SII's version of the AstraZeneca-Oxford vaccine, Covishield, can now be allocated to COVAX's Humanitarian Buffer reserve of shots to be distributed by humanitarian groups, the GAVI representative said.
SII, the world's biggest manufacturer of vaccines which also produces a version of Novavax's COVID-19 shot, declined to comment.
AstraZeneca-Serum are currently the main suppliers of COVID-19 vaccines to COVAX, but are set to be displaced by Pfizer and BioNTech at the start of 2022.
GAVI, a public-private partnership, was set up in 2000 to promote vaccination around the world. It operates COVAX together with the
World Health Organization
to supply COVID-19 shots to poorer nations.
Read also: Serum Institute chief picks up 20 percent stake in Wakau

Serum Institute of India is an Indian biotechnology and biopharmaceuticals company headquartered in Pune, India. The company was founded by Dr. Cyrus Poonawalla in 1966.

Read also: SII, Novavax get WHO EUL for Covovax

serum institute of india newsserum institute of indiasiiastrazenecacoronavirus vaccinecoronaviruscovid19
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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