‘Govt may need Rs 80,000 cr for COVID-19 vaccine in next one year’

COVID-19 vaccine

Adar Poonawalla, Chief Executive Officer of Serum Institute of India (SII) has said the Government may need Rs 80,000 crore over the next one year for distribution of COVID-19 vaccine to every individual in India. He termed it a challenge for the government.

SII is producing the potential coronavirus vaccine being developed by Oxford University. “Quick question; will the government of India have 80,000 crores available, over the next one year? Because that”s what @MoHFW_INDIAneeds, to buy and distribute the vaccine to everyone in India,” he tweeted, This is the next “challenge” we need to tackle, he said, also tagging the prime minister”s office.

Also read: Oxford covid-19 vaccine: 5 more volunteers get Covishield shot as part of 2nd-pahse trial

“I ask this question because we need to plan and guide, vaccine manufacturers both in India and overseas to service the needs of our country in terms of procurement and distribution,” Poonawalla added.

SII has signed an agreement to manufacture the potential vaccine developed by Jenner Institute of Oxford University in collaboration with British-Swedish pharma company AstraZeneca. Earlier, SII had announced that it will make the Oxford vaccine available at USD 3 for low- and middle-income countries including India.

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