Serum Institute signs deal with Gavi, Gates Foundation to deliver 100 million Covid vaccine doses4Photo© hindustantimes.com

Serum Institute signs deal with Gavi, Gates Foundation to deliver 100 million Covid vaccine doses

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Pune-based Serum Institute of India (SII) has entered into a new partnership with Gavi, the Vaccine Alliance and the Bill and Melinda Gates Foundation, to speed up the process of manufacture and delivery of up to 100 million doses of Covid-19 vaccines for India and other third world countries, SII said in a statement.

“I would like to thank @BillGates, @gatesfoundation and @GaviSeth for this key partnership of risk sharing and manufacturing of a 100 million doses, which will also ensure equitable access at an affordable price to many countries around the world,” Adar Poonawalla, CEO and Owner, Serum Institute of India tweeted on Friday.

The country’s drug regulator—the Drugs Controller General of India (DCGI) had earlier granted permission to the Serum Institute to conduct phase 2 and 3 human clinical trials on the potential vaccine for the viral infection.