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India's Serum Institute applies for Covid-19 vaccine approval

World's biggest vaccine manufacturer says it is seeking fast-tracked approval for a coronavirus shot

Updated 5 years ago · Published on 07 Dec 2020 11:08PM

India's Serum Institute applies for Covid-19 vaccine approval
Serum Institute of Indiais already making 50-60 million doses of the AstraZeneca/Oxford Covid-19 vaccine a month, and its CEO Adar Poonwalla says the shots can save ‘countless lives’ in the world's second hardest hit by the pandemic. – AFP pic, December 7, 2020

MUMBAI – An Indian company that is the world's biggest manufacturer of vaccines said today it was seeking fast-tracked approval for a coronavirus shot that could be sold for as little as $3.

The country of 1.3 billion is the world's second-worst hit by the pandemic, and has already recorded nearly 9.7 million infections and more than 140,000 deaths.

Serum Institute of India chief executive Adar Poonwalla said approval for distribution of the AstraZeneca/Oxford vaccine -- of which the company is already making 50-60 million doses a month -- “will save countless lives”.

“As promised, before the end of 2020, @SerumInstIndia has applied for emergency use authorisation for the first made-in-India vaccine, COVISHIELD,” Poonawalla tweeted.

The announcement came after US giant Pfizer and Germany's BioNTech last week sought approval for its coronavirus vaccine in India, local media reported late yesterday.

AstraZeneca's vaccine can be stored at the temperature of a normal fridge, while Pfizer's needs to be kept at -70°C.

Poonawalla told television broadcaster NDTV last month the doses would be sold to the Indian government at around 250 rupees (RM13.76) each. – AFP, December 7, 2020.
 

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