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Pune-based Serum Institute of India (SII), founded by Cyrus Poonawalla in 1966, is the world's largest vaccine manufacturer, which produces over 1.5 billion doses and immunises over 65 per cent of the children worldwide. Serum Institute made headlines globally after it launched three critical initiatives for defeating COVID-19 virus - one with UK's Oxford University, one with US-based biotech company Codagenix, and its own recombinant BCG vaccine.
In an exclusive interview with PB Jayakumar of Business Today, Adar Poonawala, son of Cyrus Poonawala and CEO of Serum Institute of India, says he is taking the risk of initiating production even before the vaccine has reached advanced clinical trials and will sell the vaccine, if developed, for just Rs 1,000 per dose.
India, a vaccine manufacturing hub, is in the thick of the action as the global pharma industry races to find a cure or vaccine for Covid-19. Serum Institute of India (SII) is one Indian manufacturer that is developing a vaccine and is hopeful of a successful partnership with researchers in Oxford University.
But its optimism is guarded, given the uncertainties involved in the various stages of vaccine trials. The Pune-based company also plans to start trials on people to assess whether the Bacille Calmette-Guérin (BCG) vaccine for tuberculosis can also protect against the Covid-19 ...
India, a vaccine manufacturing hub, is in the thick of the action as the global pharma industry races to find a cure or vaccine for Covid-19. Serum Institute of India (SII) is one Indian manufacturer that is developing a vaccine and is hopeful of a successful partnership with researchers in Oxford University.
But its optimism is guarded, given the uncertainties involved in the various stages of vaccine trials. The Pune-based company also plans to start trials on people to assess whether the Bacille Calmette-Guérin (BCG) vaccine for tuberculosis can also protect against the Covid-19 ...
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