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Serum Institute of India readying one million doses of five Covid-19 vaccines
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.
News
Patali alleges NPP conspiring to put off elections indefinitely
* Govt. lacks plan to meet IMF targets
By Shamindra Ferdinando
United Republican Front (URF) leader Patali Champika Ranawaka has alleged that the 22nd Amendment is aimed at enabling the National People’s Power (NPP) to perpetuate its rule without conducting elections.
The former Minister was addressing the media at the Flower Road Office of UNP leader Ranil Wickremesinghe on Tuesday (25). Alleging that the Pelawatte-based ‘red junta’ spearheaded the operation to enact the controversial 22nd Amendment, the ex-parliamentarian pointed out that neither President Anura Kumara Dissanayake nor Health and Media Minister Dr. Nalinda Jayathissa, who is also the Cabinet spokesman, never denied declarations made by various members of the NPP parliamentary group that elections wouldn’t be conducted for 10, 20 years.
The President and the Cabinet spokesman never clarified that such declarations were not the position of the government, Ranawaka said. The URF leader pointed out that some NPP/JVP members told those receiving appointments that they would also retire under the same administration.
Addressing the media after former External Affairs Minister Prof. G. L. Peiris, convenor of the Joint Opposition, said that the government recognised them as the real opposition. Referring to Dr. Jayathissa’s recent claim that they conspired at the residence of Prof. Peiris and challenged them to come on to the streets, ex-lawmaker Ranawaka thanked the Minister for the recognition at the expense of the Samagi Jana Balawegaya (SJB). The government accepted the challenge posed by them in spite of the main Opposition party, in Parliament, having 40 MPs, the URF Chief said, urging the government to reveal the identities of those who clandestinely led the ruling party.
The former MP said that the country was now aware of their conspiracies during the past six decades. Blaming the government for its inordinate delay in conducting the Provincial Council polls, and the failure to take tangible measures to do away with the executive presidency, as repeatedly promised in the run-up to the national elections in 2024, Ranawaka alleged that the government was busy conspiring to roll back the electoral map. He also alleged that President Dissanayake was leading the operation.
According to Ranawaka the government was keen to postpone elections indefinitely as its members feared to face the law under a different government.
Commenting on the economic situation, Ranawaka explained how under President Wickremesinghe tough measures were taken during the 2022 to 2024 period to stabilise the country with the backing of the International Monetary Fund (IMF). “However, the country cannot go on beyond 2027 under the current setup. In terms of the agreement with the IMF, the debt repayment was stopped. However, the country will have to start repayment in 2028,” the ex-MP said, pointing out the country’s reserves were down to USD 6.4 bn.
The ex-MP said the IMF expected Sri Lanka to maintain foreign reserves at USD 6.8 bn and to increase the reserves to USD 12 bn next year. In terms of the IMF’s recommendations, the foreign reserves have to be increased to USD 15 bn by 2028, Ranawaka said, recollecting how former President Ranil Wickremesinghe, at a recent book launch, explained the daunting challenges faced by the country on the economic front.
Ranawaka was referring to Wickremesinghe’s speech at the launch of former Minister Ranjith Siyambalapitiya’s book launch at the BMICH, where the former President warned of dire consequences if the government failed to adhere to the IMF formula.
The former Minister disputed the government’s much touted claim that corruption was dealt with. The person who caused an unprecedented gas crisis, in 2021, by promising to supply gas at a much lower price than what was paid by the then government at that time and ended up causing countrywide panic due to “accidental” blasts of domestic gas cylinders, received protection from this government.
The government conveniently refrained from initiating action against that person, Ranawaka said. Referring to the developments leading to President Gotabaya Rajapaksa’s government declaration of bankruptcy in April 2022, the ex-Minister claimed that the IMF, in a letter dated 7 March, 2022, alerted the Secretary to the President, the Finance Ministry and the Central Bank, of the impending economic collapse. The NPP government failed to take action against those responsible for creating the 2022 crisis, Ranawaka said.
News
August 15 Super Dvora tragedy: Search continues for missing officer’s body
Navy headquarters yesterday said it was continuing the search for Lt. Thilina Udayapriya, second-in-command of the Super Dvora Mark III Fast Attack Craft (FAC), which sank in the seas off Angulana, on 15 August, 2026. Of the 12-member crew, 11 were rescued but so far SLN efforts to locate the missing officer’s body had failed, sources said.
They said that the salvage operation of the sunken craft, taken delivery from Israel after the end of the war, is continuing amidst gruelling weather and rough sea conditions, and the sunken vessel is now off Bambalapitiya.
Sources said that the vessel collided with a sunken ship MV Thermopylae Sierra that sank in August 2012, during a monsoon storm. The ill-fated Super Dvora Mk III has gone over the ship wreck in spite of it being clearly demarcated in the nautical chart, aka hydrographic chart available to the ill-fated vessel’s crew. But authorities had failed to mark the site with a buoy to warn maritime traffic, in spite of public appeals. (SF)
News
Tripartite MoU to expand free cardiothoracic surgeries at KDU Hospital
The Ministry of Defence, Ministry of Health and Mass Media, and the General Sir John Kotelawala Defence University (KDU), have signed a tripartite Memorandum of Understanding (MoU) to facilitate the expansion of free cardiothoracic surgery services by utilising the facilities of the General Sir John Kotelawala Defence University (KDU) Teaching Hospital.
The Defence Secretary Air Vice Marshal Sampath Thuyacontha (Retd), Secretary to the Ministry of Health and Mass Media Dr Anil Jasinghe, and Vice Chancellor of General Sir John Kotelawala Defence University Rear Admiral H. G. U. Dhammika Kumara, signed the agreement on behalf of their respective institutions.
The Defence MInistry said that the initiative, implemented in accordance with a Cabinet proposal submitted by the Minister of Health and Mass Media Dr Nalinda Jayatissa would reduce congestion and address the lengthy waiting list for cardiothoracic surgeries at the National Hospital of Sri Lanka (NHSL).
The Ministry stated: “Under the arrangement, specialist doctors and clinical staff of the Cardiothoracic Unit of the National Hospital will conduct free heart and thoracic surgeries and provide specialised treatment for patients at the KDU Teaching Hospital. KDU will provide the necessary infrastructure, medical facilities and specialised equipment, while the Ministry of Health and Mass Media will provide the required medicines, medical supplies and specialised medical care.”
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