Will Government Have Rs 80,000 Crore For Vaccine Distribution, Asks Serum Institute CEO

Adar Poonawalla, chief executive officer of Serum Institute of India Pvt. Ltd., which is producing the potential coronavirus vaccine developed by Oxford University, said the government will need Rs 80,000 crore to buy and distribute a vaccine against Covid-19.

“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.

“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.

Also Read: Pfizer Is On Track to Be First to Find Out If Its Covid Vaccine Works

Serum Institute has signed an agreement to…

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