The CEO of Serum Institute of India, the world’s largest vaccine-producing company, Adar Poonawalla has said that even by 2024, every person on this will not be vaccinated by the vaccine. He has also expressed concern about the vaccine reaching to all the people of India.
According to the report published in the Financial Times, Adar Poonawalla says that the pharmaceutical companies have not been able to increase their production capacity. If production capacity is not increased then the vaccine can not be provided to the whole world in a short time.
According to ft.com report, Adar Poonawala said- ‘It will take 4 to 5 years to give the vaccine to all the people on earth.’ He said that if a person needs two doses of corona vaccine then 15 billion doses will be needed for the whole world.
Adar Poonawala also raised concerns over the vaccine being delivered to 1.4 billion people in India because there is no cold chain system for transporting the vaccine.
Vaccine is requires cold temperatures for that freezer and cold chain system is needed to move it from one place to another.
Adar Poonawala said- ‘I am still unable to see any concrete plan that will allow more than 40 crores (of India) to get the vaccine. There should be no mismatch in producing and delivering. If that happens then production will be of no use, when there is no consumption.
The Pune-based company Serum Institute of India has tied up with five international companies for the production of the corona vaccine. These include companies such as AstraZeneca and Novavax. The Serum Institute aims to produce one billion vaccine doses, half of which will be given to India
Adar Poonawala also told the Financial Times that he was in talks to raise $ 600 million from Saudi Arabia’s Public Investment Fund (PIF), Abu Dhabi Investment Holding Company ADQ and US private equity firm TPG to increase vaccine production capacity. However, PIF and TPG refused to respond to this.