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September 2020
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Burkina Faso striker Traore leaves Lyon for Aston Villa        AIFF to conduct three-day International Virtual Conference for coaches        Looking to play good brand of cricket to make this season a memorable one: KL Rahul        US stocks fall as market decline extends for third week        No decision to discontinue printing of Rs 2000 note: FinMin        Iran vows 'hit' on all involved in US killing of top general        Russia's Navalny says he's now more than 'technically alive'        Pak uses drone to weapons in J-K's Rajouri; 3 LeT terrorists arrested        Centre rejects study which claims India is world's largest emitter of anthropogenic sulphur dioxide        Garib Kalyan Rojgar Abhiyaan not implemented in Bengal as state did not provide any info: FM        Parliament's monsoon session likely to be curtailed, may end by mid-next week        Kerala reports 4,000 plus fresh COVID-19 cases for second day in row; Toll crosses 500        China flies 18 warplanes near Taiwan during US envoy''s visit        US bans WeChat, TikTok citing national security        IPL 2020: Dhoni''s CSK lock horns with Rohit led MI in opener        US Open champion Osaka out of French Open due to injury        NIA questions Ker Minister Jaleel for over 8 hours; No need for him to resign, says CM        Delhi riots: Police files charge sheet under UAPA against 15 for larger conspiracy        Serum Institute gets DGCA''s nod to resume testing of Covid vaccine again        Russia''s RDIF collaborates with Dr Reddy''s Laboratories for Sputnik V vaccine trials, distribution: CEO        
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Kerala News
Serum Institute to produce up to 100 mn COVID-19 vaccine doses for India, other countries
 
New Delhi, Aug 7 (PTI) Serum Institute of India?(SII) on Friday said it?has entered into a new partnership with international vaccine alliance Gavi and Bill & Melinda Gates Foundation to accelerate manufacturing and delivery of up to 100 million doses of COVID-19 vaccines for India as well as other low and middle-income countries (LMICs)

"The collaboration will provide upfront capital to SII to help them increase manufacturing capacity now so that, once a vaccine, or vaccines, gains regulatory approval and WHO prequalification, doses can be produced at scale for distribution to India and LMICs as part of the Gavi COVAX AMC mechanism as early as the first half of 2021," SII said in a statement.

The company has set an affordable ceiling price of USD 3 (around Rs 225) per dose, it added

The funding will support at-risk manufacturing by SII for candidate vaccines from AstraZeneca and Novavax, which will be available for procurement if they are successful in attaining full licensure and WHO prequalification, the statement said

The Bill & Melinda Gates Foundation, via its Strategic Investment Fund, will provide at-risk funding of USD 150 million to Gavi, which will be used to support the SII to manufacture the potential vaccine candidates and for future procurement of vaccines for low- and middle-income countries via Gavi's COVAX Advance Market Commitment (AMC), the statement said.? ??

"In an attempt to make our fight against COVID-19 stronger and all-embracing; SII has partnered with Gavi and the Bill & Melinda Gates Foundation to advance the manufacturing and delivery of up to 100 million doses of future COVID vaccines for India and low- and middle-income countries in 2021," Serum Institute of India CEO Adar Poonawalla said

Through this association, SII seeks to ramp up constant efforts to save the lives of millions of people from this dreadful disease, he added.?

Serum Institute has a long history of partnerships with Gavi and pharmaceutical companies to manufacture vaccines that protect against meningitis, severe diarrhoea, pneumonia and measles, the statement said

"We are very happy to see SII enter this global partnership to respond to the global health crisis posed by COVID-19," Renu Swarup, secretary in the Department of Biotechnology, Government of India, said

India has a proven track record of manufacturing safe and cost-effective vaccines not only for India, but for the world, she added.??

In a similar vein, Indian Council of Medical Research Director General Balram Bhargava said: "ICMR is deeply supportive of our cutting edge vaccine research and manufacturing prowess, of which SII is one prominent example. This partnership signifies yet another step in India's efforts to bolster the fight against this global pandemic."

Vaccines will be priced at maximum USD 3 per dose and made available to the 92 countries included in Gavi's COVAX AMC, it added.


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