Serum Institute makes vaccines available at price of ‘a cup of tea’ to poor nations

Cyrus Poonawalla, head of the Serum Institute of India and recipient of the Padma Bhushan award, remarked that poorer countries are using his company's vaccinations since the doses are accessible for the price of a cup of tea. He claims that one or more of SII's vaccines have protected two-thirds of the world's population.

Poonawalla was addressing at the Pune International Business Summit of the Maratha Chamber of Commerce, Industries, and Agriculture (MCCIA). Poonawalla was honored for getting the Padma Bhushan Award during this event.

"Poorer countries have used the majority of our immunizations." UNICEF and other philanthropic organisations stepped forward to buy vaccine, which I delivered with the help of my team and scientists to make affordable at the cost of a cup of tea, making the world self-sufficient in most communicable vaccinations essential to safeguard children and adults," he stated.

Poonawalla went on to say that 90 percent of the COVID-19 vaccines India requires are made on the basis of low cost, high value, and maximum production. SII's vaccines are used in 170 countries throughout the world, according to the pharma veteran, since the Pune-based vaccine company was able to create vaccines at a low cost while maintaining 100% quality.

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