Skip to content
Search

Latest Stories

India's Serum Institute asks for patience from foreign governments as it supplies vaccines to India first

India's Serum Institute asks for patience from foreign governments as it supplies vaccines to India first

INDIA'sSerum Institute, the world's biggest vaccine maker by volume, has asked for patience from foreign governments awaiting their supply of Covid-19 shots, saying it had been directed to prioritise India's requirements.

"...I humbly request you to please be patient," SII's Chief Executive Adar Poonawalla said in a tweet, adding the company "has been directed to prioritise the huge needs of India and along with that balance the needs of the rest of the world."


"We are trying our best," Poonawalla said.

Based in the western Indian city of Pune, the company is manufacturing the Oxford University/AstraZeneca Covid-19 vaccine, one of the two shots that India is using to initially vaccinate some 300 million people as part of a national inoculation drive.

Many low-and middle-income countries, ranging from Bangladesh to Brazil, are depending on SII's AstraZeneca vaccine, branded COVISHIELD by the Indian company.

But demand is growing, including from Western countries like Canada, where Poonawalla has promised to deliver the COVISHIELD vaccine next month.

Britain's drug regulator is also auditing manufacturing processes at SII, potentially paving the way for the COVISHIELD vaccine to be shipped from there to the UK and other countries. .

Indian Prime Minister Narendra Modi's government has come under criticism for the slow take-off of its vaccination drive but health authorities are preparing to expand the number of inoculation substantially in coming weeks.

India has vaccinated around 11 million people since mid-January.

With more than 10.9 million confirmed infections, India has the world's second highest number of COVID-19 cases, behind only the United States.

The country is currently reporting around 12,000 new infections on average each day, a fraction of its peak from last September, according to a Reuters analysis.

But federal health authorities on Sunday said they had written to some states that are currently seeing a surge in cases, asking them to improve overall testing, surveillance and monitoring of Covid-19 mutations.

More For You

Shivam Budhiraja

Long before Shivam was demystifying compounding interest or investment strategies

AMG

Shivam Budhiraja: How one entrepreneur is changing the way India thinks about money

Shivam Budhiraja isn’t your typical finance content creator. With over 270,000 followers across social media, he has built a reputation for breaking down complex financial concepts into stories that are as relatable as they are actionable. But the social media star’s journey to becoming a financial influencer started not with money, but with cars.

The start of a journey

Long before Shivam was demystifying compounding interest or investment strategies, he was building Team Car Delight, one of India’s leading automobile communities. “My automobile journey began not just out of passion, but with purpose,” he says. “I noticed a massive gap in the kind of information people were consuming. Misinformation, half-baked reviews, content made only for views — people were getting misled. I wanted to change that.”

Keep ReadingShow less