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Serum Institute of India readying one million doses of five Covid-19 vaccines

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BY S VENKAT NARAYAN
Our Special Correspondent

NEW DELHI, October 24:

Serum Institute of India (SII) is readying one billion doses of five different vaccines against the coronavirus disease (Covid-19) across the world before the end of 2021-22, a report has said.

Adar Poonawalla, the chief executive of SII, the world’s largest vaccine maker by volume, said his company plans to launch at least one vaccine every quarter likely by the beginning of next year.

These will include Covishield, Covovax, COVIVAXX, COVI-VAC, and SII COVAX.

Covishield, which is being developed by the United Kingdom’s Oxford University, and licensed from British-Swedish drug-maker AstraZeneca, is currently undergoing Phase 3 of clinical trials in India among nearly 1,600 people.

SII has partnered with AstraZeneca to manufacture the vaccine candidate, which is expected to be launched in the first quarter of next year and immunisation can start by January if the clearances are given early.

“The plan is to launch at least one vaccine every quarter beginning with Covishield, which we licensed from AstraZeneca, likely by start of 2021… We are already making 20-30 million doses and can increase the production to 70-80 million a month. Currently, we are consciously producing less considering the shelf life of the vaccine,” Adar Poonawalla told BusinessToday.in on Thursday.

It reported that the second anti-coronavirus disease vaccine from Serum Institute Life Sciences (SILS), a new company floated by SII, is likely to be Covovax, which is a spike protein vaccine being developed in association with biotech firm Novovax.

Novovax has an arrangement with SII to produce one billion doses of the vaccine in 2021. The BusinessToday.in report said that the Phase 1 clinical trial of Covovax began in May 2020 in Australia and it is currently into the second phase of development. A phase-3 clinical trial with up to 30,000 subjects is expected to begin by end of 2020, it added.

 

Adar Poonawala said the new manufacturing facility SILS is coming up near the SII facility in Pune in Maharashtra state, and will take two years for completion. Poonawalla also said, according to BusinessToday.in, that SILS will outsource the capacity of SII until then.

Poonawalla added that the privately-held company has already invested 70% of the INR 30-billion capex required in land, buildings, plants, raw materials, and other related infrastructure.

SII will postpone its earlier expansion plans to develop a few new vaccines for the US and European markets. “Once completed, between SII and SILS, we will have a capacity to manufacture over 2.3 billion doses of coronavirus vaccines, provided there is demand and requirement,” the report quoted Poonawalla as saying.

India’s infection tally went up to 7.76 million with 54,366 new cases of the coronavirus disease and 690 related deaths, according to the Union health ministry.



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Pakistan naval trio leaves Colombo after goodwill visit

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Wrapping up their goodwill and replenishment visit, the Pakistan Navy ships ‘PNS Taimur’ and ‘PNS Aslat’, along with the submarine ‘PNS/M Hangor’, departed the island on 04 Jun 26. The naval units, which arrived in Sri Lanka on 01 June, were accorded a traditional naval send-off by the Sri Lanka Navy at the Port of Colombo, upon their departure.

During their stay, the Commanding Officers of Pakistan Navy ships and submarine called on the Commander Western Naval Area and the Flag Officer Commanding Naval Fleet at the Western Naval Command Headquarters, where discussions were held on several matters of mutual interest.

Meanwhile, Sri Lanka Navy personnel had the opportunity to visit the visiting Pakistan Navy ships and submarine. Furthermore, the crews of the visiting vessels explored the rich heritage of Sri Lanka, taking time to tour several culturally significant landmarks across the island.

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China, Lanka intensify cooperation to fight cross-border crimes spreading across Asia and beyond

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China and Sri Lanka have intensified joint law enforcement efforts to combat cross-border online gambling and telecom fraud, crimes that authorities warn are increasingly spreading across Asia and beyond.

The Chinese Embassy in Colombo said both countries are working closely to dismantle scam centres and fraud networks that have relocated to Sri Lanka from other parts of Southeast Asia. The Embassy noted that such operations often intertwine with human trafficking and other serious crimes, posing grave risks to public security and social stability.

China’s position on cross-border gambling remains firm: Chinese capital is prohibited from investing in overseas casinos, citizens are barred from operating them, and foreign casinos are forbidden from soliciting Chinese nationals. The Embassy stressed that gambling “almost invariably leads to financial ruin,” with tens of thousands of Chinese citizens suffering losses and harm. Recent amendments to China’s Criminal Law have criminalised cross-border gambling activities.

The Embassy pointed out that Sri Lankan authorities have carried out multiple raids in recent months, dismantling gambling and fraud dens and arresting suspects from several countries. Several Chinese nationals, involved in fraud-related crimes, have been handed over to Chinese authorities, producing what officials described as a strong deterrent effect.

The Chinese Embassy praised the efforts of Sri Lanka’s ministries of Foreign Affairs, Finance, and Public Security, particularly immigration and police officials, for their cooperation.

It warned that without firm and immediate measures, the spread of illegal gambling and fraud could damage Sri Lanka’s international image, undermine social stability, and harm the safety and security of its people.

China has already conducted similar law enforcement cooperation with countries including Spain, the UAE, Myanmar, and Cambodia, leading to arrests and repatriations of overseas fraud suspects. It has also proposed the creation of an international alliance against telecom and online fraud to coordinate global efforts, it said.

Going forward, China pledged to actively implement the Global Security Initiative and Global Civilization Initiative, while continuing to deepen law enforcement and security cooperation with Sri Lanka.

The Embassy said these efforts aim to safeguard lives and property, protect financial security, and build a “clean, safe, and beautiful Sri Lanka,” while contributing to a new global framework for combating transnational crime.

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Asst. Manager, security officer arrested over Rs 30 mn snatch at Horana PB branch

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An assistant manager and a security officer, attached to a state bank branch in Horana, have been arrested in connection with the robbery of more than Rs. 30 million that was being transported to replenish automated teller machines (ATMs), Police said.

The two suspects were taken into custody on Friday after statements were recorded from them regarding the incident, which occurred on Wednesday afternoon at the Horana branch of the People’s Bank.

According to Police, a bank employee was carrying two bags containing cash through the rear entrance of the bank at around 2.45 p.m. when an individual, who had arrived on foot, allegedly snatched the bags and fled the scene.

The stolen money, amounting to approximately Rs. 30.5 million, had been prepared for distribution to ATM machines and transportation to other bank branches. Earlier reports had estimated the loss at around Rs. 35 million.

Investigators subsequently arrested a suspect believed to have been directly involved in the robbery and recovered Rs. 17 million of the stolen cash.

Police have not disclosed the exact circumstances that led to the arrest of the assistant manager and security officer but said investigations uncovered information linking them to the incident.

The Western Province North Crime Division is conducting further investigations to determine whether additional suspects were involved and to recover the remaining stolen money.

The daring daylight robbery has raised concerns over security procedures employed during transportation of large sums of cash to/from banking institutions.Further investigations are continuing.

by Norman Palihawadane

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