Serum Institute of India stopped Covishield production in December 2021: Adar Poonawalla
PUNE: Chief Executive Officer of Serum Institute of India (SII), Adar Poonawalla, on Thursday said the vaccine manufacturer stopped the production of the Covishield vaccine starting December 2021, and of the total stock available at that time, around 100 million doses had already got expired. Speaking to reporters on the sidelines of the annual general […]
Covisheld is the most affordable Covid-19 vaccine available: Serum Institute defends vaccine pricing
NEW DELHI: Serum Institute of India (SII), which makes the most used Covid-19 vaccine in the country, on Saturday defended pricing Covishield vaccine at 1.5 times the initial rate, saying the earlier price was based on advance funding and now it has to invest in scaling up and expanding capacity to produce more shots. Serum […]
Modi government approves Rs 4,500 crore credit to Covid-19 vaccine makers Serum Institute of India, Bharat Biotech to ramp up production
NEW DELHI: Looking to ramp up supplies ahead of the opening of Covid-19 vaccination to all citizens over 18 years of age, the government has approved a payment of about Rs 4,500 crore as advance to vaccine makers like Serum Institute of India (SII) and Bharat Biotech against future supplies, sources said. SII will supply […]
Serum Institute of India require around Rs 3,000 crore to ramp up vaccine production: Adar Poonawalla
NEW DELHI: Serum Institute of India (SII) would require around Rs 3,000 crore to ramp up production capacity for making vaccines for Covid-19, its CEO Adar Poonawalla said on Tuesday. “We need roughly Rs 3,000 crores which is not a small figure considering we have already spent thousands of crores. We have to find other […]
First Covishield consignment leaves Serum Institute for 13 locations
NEW DELHI: A decisive phase in India’s fight against coronavirus began in the wee hours on Tuesday as the first consignment of Covishield vaccines left Serum Institute of India for Pune airport, four days ahead of the nationwide inoculation drive launch. Three temperature-controlled trucks rolled out of the Serum Institute gates shortly before 5 am […]
Narendra Modi government wants Serum Institute to lower price of AstraZeneca vaccine
By Neha Arora & Sanjeev Miglani NEW DELHI: The Narendra Modi government (government of India) has been negotiating with the Serum Institute of India to bring down the price of AstraZeneca’s COVID-19 vaccine, people close to the matter said, delaying the roll-out of the country’s immunisation programme. India’s drug regulator has approved emergency use of the […]
‘Covishield’ vaccine ready to roll out in coming weeks: Adar Poonawalla
NEW DELHI: Serum Institute of India CEO Adar Poonawalla on Sunday said the Oxford-AstraZeneca COVID-19 vaccine ‘Covishield’ is ready to roll out in the coming weeks. Poonawalla’s remarks came soon after after India’s drugs regulator approved Covishield for restricted emergency use. “Happy new year, everyone! All the risks @SerumInstIndia took with stockpiling the vaccine, have […]
Narendra Modi government must indemnify vaccine makers against all lawsuits: Adar Poonawalla
NEW DELHI: Vaccine manufacturers need to have protection against all lawsuits for their vaccines especially during a pandemic, Serum Institute of India (SII) Chief Executive Officer Adar Poonawalla has said. He also said that the vaccine makers are going to propose this to the government, while speaking at a virtual panel on the challenges of […]
Narendra Modi reviews COVID-19 vaccine development in Pune, Ahmedabad and Hyderabad
NEW DELHI: Prime Minister of India Narendra Modi held a 3-city tour to Serum Institute of India in Pune, Zydus Biotech Park in Ahmedabad and Bharat Biotech in Hyderabad today, to personally review the development and manufacturing of COVID-19 vaccine. The PM’s visit aimed at getting a first-hand perspective of the preparations, challenges and roadmap […]