There Won’t Be Enough COVID Vaccines Till 2024: Adar Poonawalla
The CEO of Serum Institute of India has predicted that there won’t be enough vaccines till the end of 2024.
Adar Poonawalla, CEO of Serum Institute of India (SII), predicted that there won’t be enough COVID-19 vaccines for everyone in the world till the end of 2024.
“It’s going to take four to five years until everyone gets the vaccine on this planet,” Poonawalla told the Financial Times on Monday, 14 September.
According to a Hindustan Times report, the CEO of the world’s largest vaccine manufacturer has estimated that the world will need around 15 billion doses of the COVID-19 vaccine if it requires two shots per person. Currently, the Pune-based pharmaceutical company is working in collaboration with five international pharmaceutical firms, including AstraZeneca and Novavax, to develop a COVID-19 vaccine.
The company seeks to produce one billion doses of the COVID-19 vaccine, and has pledged half of them to India.
As part of SII’s agreement with AstraZeneca, the company will work towards manufacturing vaccine doses for 68 countries at a cost of approximately $3 per dose. The company is also collaborating with Novavax to provide vaccine doses for 92 countries.
SII may also partner with Russia’s Gamaleya Research Institute to manufacture the Sputnik V vaccine, according to recent reports.
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