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THURSDAY, JUNE 19, 2025
Vaccine maker Serum seeks indemnity protection in India

Coronavirus chronicle

UNB
03 June, 2021, 02:50 pm
Last modified: 03 June, 2021, 02:51 pm

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Vaccine maker Serum seeks indemnity protection in India

India is currently witnessing a ferocious second wave of Covid-19. At the same time, an acute shortage of Covid vaccines has seriously hampered the country's mass inoculation drive

UNB
03 June, 2021, 02:50 pm
Last modified: 03 June, 2021, 02:51 pm
Adar Poonawalla, Chief Executive Officer (CEO) of the Serum Institute of India poses for a picture at the Serum Institute of India, Pune, India, 30 November 2020. REUTERS/Francis Mascarenhas
Adar Poonawalla, Chief Executive Officer (CEO) of the Serum Institute of India poses for a picture at the Serum Institute of India, Pune, India, 30 November 2020. REUTERS/Francis Mascarenhas

Serum's Covidshield is being widely used in both India and Bangladesh's mega inoculation drives. Bangladesh has inked a deal with Serum to buy 30 million doses of Covidshield, but a recent surge in Covid cases in India has now made the delivery of the remaining doses uncertain.

In a recent interview with a British daily, Serum's chief executive officer Adar Poonawalla said that the company would increase the vaccine production capacity from the existing 2.5 billion to 3 billion doses a year within six months.

India is currently witnessing a ferocious second wave of Covid-19. At the same time, an acute shortage of Covid vaccines has seriously hampered the country's mass inoculation drive.

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Prime Minister Modi rolled out the world's largest Covid vaccination drive on January 16. Covishield and local company Bharat Biotech's Covaxin are currently being given to citizens.

 

World+Biz / South Asia

Serum Institute of India (SII) / indemnity

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