"Decisive Change": Serum's Adar Poonawalla On Centre's New Vaccine Policy

"I'd like to applaud Shri Narendra Modi Ji," Serum Institute's Adar Poonawalla tweeted today.

The Centre's new policy allowing all adults to get inoculated for Covid-19 and extending financial aid to the drug-making industry in this context will help vaccine production and distribution in the country, Serum Institute's Adar Poonawalla has said. Welcoming this change in apparoach, the CEO of one of India's largest vaccine makers today applauded Prime Minister Narendra Modi on behalf of the entire industry. On behalf of the vaccine industry in India, I would like to thank and applaud Shri @narendramodi Ji, @nsitharaman Ji, for your decisive policy changes and swift financial aid which will help vaccine production and distribution in India. https://t.co/NedjaFLsx9 Vaccinations were yesterday opened up by the central government for all above 18 from May 1 after PM Modi held a series of meetings over India's response to record daily surges in Covid cases. The Centre has also given 100 per cent advance to two of India's Covid vaccine manufacturers till July, senior sources in the Finance Ministry told NDTV on Monday night. The advance, calculated as Rs3,000 crore for the Serum Institute (which produces Covishield) and Rs 1,500 crore for Bharat Biotech (which produces Covaxin) will ensure that the two companies get necessary funding to continue and scale up production, the sources said.