(NEW DELHI, India.) #Coronavirus Report: The world’s largest vaccine producer, the Serum Institu te which is exclusively controlled by a small and fabulously rich Indian family and is doing what a few othe r companies in the race for a vaccine are doing: plans to mass-produce an unproven #COVID19 vaccine candidat e that is still in trials and might not even work #AceHealthDesk report

#AceHealthReport – Aug.02: In early May, an extremely well-sealed steel box arrived at the cold room of the Serum Institute of India, the world’s largest vaccine maker: Inside, packed in dry ice, sat a tiny 1-millilitre vial from Oxford, England, containing the cellular material for one of the world’s most promising coronavirus vaccines

#Coronavirus Report: Indian Billionaires Bet Big on Head Start in #COVID19 Vaccine Race NYT.Com/

The world’s largest vaccine producer, the Serum Institute, announced a plan to make hundreds of millions of doses of an unproven inoculation. It’s a gamble with a huge upside. And huge risks.

By Jeffrey Gettleman:

Updated 9:19 a.m. ET:

Sterling Publishing & Media News, [Aug 1, 2020 at 20:59] https://t.me/SterlingPublishingPanel/620949
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Scientists in white lab coats brought the vial to Building 14, carefully poured the contents into a flask, added a medium of vitamins and sugar and began growing billions of cells: Thus began one of the biggest gambles yet in the quest to find the vaccine that will bring the world’s Covid-19 nightmare to an end.

The Serum Institute, which is exclusively controlled by a small and fabulously rich Indian family and started out years ago as a horse farm, is doing what a few other companies in the race for a vaccine are doing: mass-producing hundreds of millions of doses of a vaccine candidate that is still in trials and might not even work:

But if it does, Adar Poonawalla, Serum’s chief executive and the only child of the company’s founder, will become one of the most tugged-at men in the world: He will have on hand what everyone wants, possibly in greater quantities before anyone else: His company, which has teamed up with the Oxford scientists developing the vaccine, was one of the first to boldly announce, in April, that it was going to mass-produce a vaccine before clinical trials even ended. Now, Mr. Poonawalla’s fastest vaccine assembly lines are being readied to crank out 500 doses each minute, and his phone rings endlessly.

National health ministers, prime ministers and other heads of state (he wouldn’t say who) and friends he hasn’t heard from in years have been calling him, he said, begging for the first batches: “I’ve had to explain to them that, ‘Look I can’t just give it to you like this,’” he said.

Adar Poonawalla, Serum’s chief executive, says that he will split the hundreds of millions of vaccine doses he produces 50-50 between India and the rest of the world.
Adar Poonawalla, Serum’s chief executive, says that he will split the hundreds of millions of vaccine doses he produces 50-50 between India and the rest of the world.Atul Loke for The New York Times

With the coronavirus pandemic turning the world upside down and all hopes pinned on a vaccine, the Serum Institute finds itself in the middle of an extremely competitive and murky endeavour: To get the vaccine out as soon as possible, vaccine developers say they need Serum’s mammoth assembly lines — each year, it churns out 1.5 billion doses of other vaccines, mostly for poor countries, more than any other company.

Half of the world’s children have been vaccinated with Serum’s products. Scale is its specialty: Just the other day, Mr. Poonawalla received a shipment of 600 million glass vials: But right now it’s not entirely clear how much of the coronavirus vaccine that Serum will mass-produce will be kept by India or who will fund its production, leaving the Poonawallas to navigate a torrent of cross-pressures, political, financial, external and domestic.

India has been walloped by the coronavirus, and with 1.3 billion people, it needs vaccine doses as much as anywhere: It’s also led by a highly nationalistic prime minister, Narendra Modi, whose government has already blocked exports of drugs that were believed to help treat Covid-19, the disease caused by the coronavirus:

Adar Poonawalla, 39, says that he will split the hundreds of millions of vaccine doses he produces 50-50 between India and the rest of the world, with a focus on poorer countries, and that Mr. Modi’s government has not objected to this: But he added, “Look, they may still invoke some kind of emergency if they deem fit or if they want to.”

#AceHealthDesk report …………Published: Aug.02: 2020:

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