KONTAN.CO.ID - NEW DELHI. India is set to accept the Serum Institute of India's (SII) request for a 30 billion rupee ($400 million) grant to boost its capacity to make the AstraZeneca COVID-19 vaccine, a government source with knowledge of the matter told Reuters. SII, the world's biggest vaccine maker, sought the funds to increase its monthly capacity to more than 100 million doses by the end of May, from up to 70 million currently. "We are clear that we will give whatever support is necessary to develop and boost the availability of vaccines in the country," the source said on Sunday, declining to be identified as he was not authorised to speak publicly on the matter.
India to fund capacity boost at Serum Institute as vaccines run short
KONTAN.CO.ID - NEW DELHI. India is set to accept the Serum Institute of India's (SII) request for a 30 billion rupee ($400 million) grant to boost its capacity to make the AstraZeneca COVID-19 vaccine, a government source with knowledge of the matter told Reuters. SII, the world's biggest vaccine maker, sought the funds to increase its monthly capacity to more than 100 million doses by the end of May, from up to 70 million currently. "We are clear that we will give whatever support is necessary to develop and boost the availability of vaccines in the country," the source said on Sunday, declining to be identified as he was not authorised to speak publicly on the matter.