Serum Institute to produce additional 100 million COVID-19 vaccine doses for India
NEW DELHI: Serum Institute of India (SII) will produce as much as an extra 100 million COVID-19 vaccine doses for India and low and middle-income international locations (LMICs) in 2021.
The firm made this announcement taking ahead the collaboration between SII, Gavi, Vaccine Alliance and Bill & Melinda Gates Foundation. The growth follows August`s announcement of as much as 100 million doses to be delivered by the collaboration and bringing the full now to be delivered by the partnership to as much as 200 million doses of COVID-19 vaccines.
The collaboration will present upfront capital to SII to assist it enhance manufacturing capability now in order that, as soon as a vaccine, or vaccines, positive aspects regulatory approval and WHO prequalification, doses could be distributed at scale to LMICs as a part of the Gavi COVAX AMC mechanism as early as the primary half of 2021, mentioned the corporate.
Adar Poonawalla, CEO of SII mentioned, “Through the avid support of Gavi and the Bill & Melinda Gates Foundation, we will now manufacture and deliver up to an additional 100 million doses of immunogenic and safe-proven future COVID-19 vaccines to India and low- and middle-income countries in 2021.”
“This association is in line with our efforts to see that the future vaccines reaches the remotest part of the world providing full immunisation coverage in a bid to contain the spread of the pandemic,” Poonawalla added.
The funding will assist speed up the manufacturing by SII for candidate vaccines licensed from AstraZeneca and Novavax, which shall be out there for procurement if they’re profitable achieve full licensure and WHO Prequalification. The vaccines can have a ceiling value of US$three per dose, a value enabled by investments made by companions such because the Coalition for Epidemic Preparedness Innovations (CEPI), the Bill & Melinda Gates Foundation and SII.
The collaboration between Gavi, SII, and the Gates Foundation helps the efforts of the ACT Accelerator’s vaccines pillar, often known as COVAX, co-led by Gavi, CEPI and the World Health Organization (WHO), to speed up the event of COVID-19 vaccines and guarantee fast, world entry to them. Decisions round funding in manufacturing are taken in shut collaboration between these three lead organisations of the COVAX pillar.
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