Thursday, 20 January 2022

Covishield production cut by 50 percent, as No new Order from Government

Covishield production cut by 50 percent, as No new Order from Government

Serum Institute of India may cut its vaccine production when a new variant of SARA-CoV-2 Omicron spreads fast in India. Reports said that Adar Poonawalla, CEO of Serum Institute of India said.

In an interview, Adar Poonawalla said they do not have enough government purchase orders for Covishield.

Poonawalla said,

"I am actually in a mess that I never imagined... we are producing 250 million doses every month but the good news is that India has covered up a maximum part of its population and we will complete all the orders to the ministry of health in a week,"

The Serum Institute of India vaccine firm has already written to the government for clarity on its future requirement for both vaccine doses of vaccines and booster doses, if the government plans any, in the future.

 Covishield production cut by 50 percent as No new Order from Government 1Twitter image: @SerumInstIndia

Read More: India to introduce ZyCov- D vaccine in 7 states

There are no more other orders with the Serum Institute of India. The company plans to cut its production every month until the Covishield orders again pick up either in India or the world, Poonawalla said.

He said.

"Over eight months when we could not export vaccine to other countries managed vaccine supplies from donations from the US and elsewhere and we have lost a lot of market share,"

Poonawalla added.

"If they need more vaccine for booster doses, we have already written to the central government. Now it is the central government's decision on the booster plan whether they will acquire more and reserves before the next jump happens if at all it comes. We are waiting for their directions,"

"We have to remember that we don't need a situation like last year where suddenly the country needs hundreds of millions of doses, that won't be possible if we dial down our production. So that is why we have explained this to the government and experts to please let us know now. If you need more doses for boosters, we have it in stock; we can produce more. Just give us that guidance. That discussion is on at the moment."

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