we understand that everyone wants the vaccine to be available in the quickest possible time. That is our endeavor too and we are making every effort to achieve that - CEO SII

 Serum Institute of India PVT. LTD.
CYRUS POONAWALLA GROUP 

I would like to clarify certain things since my comments may have been misinterpreted.

First of all, vaccine manufacturing is a specialized process, it is therefore not possible to ramp up production overnight. We also need to understand that the population of India is huge and to produce enough doses for all adults is not an easy task. Even the most advanced countries and companies are struggling in relatively smaller populations. 



Secondly, We have been working closely with Government of India since April last year. We have got all kinds of support, be it scientific, regulatory and financial.

As of today, we received total orders of over 26 crore doses, of which we supplied more than 15 crore doses. We have also got 100% advance of Rs. 1732.50 Crore by Gol for the next tranche of 11 crore doses in the next few months. Another 11 crore doses would be supplied in the second channel for states & private hospitals in the next few months. 

Lastly, we understand that everyone wants the vaccine to be available in the quickest possible time. That is our endeavor too and we are making every effort to achieve that. We shall work even harder and strengthen India's fight against Covid-19.

ADAR C POONAWALLA
CEO SERUM INSTITUTE OF INDIA 

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