One wonders whether any of India’s 20-plus vaccine companies are still making any vaccine. Who wants it? Are Pfizer and Moderna still cranking out doses?
“About 200 million doses of COVID-19 vaccine are gathering dust in warehouses of the world’s largest vaccine manufacturer as global demand ebbs.
Serum Institute of India (SII) stopped making new COVID-19 vaccine doses in December, CEO Adar Poonawalla said at the India Economic Conclave, as quoted by Bloomberg. The company currently sits on a stockpile of 200 million doses, he said.
“I have even offered to give free donations to whoever wanted to take it,” Poonawalla said, expressing concern over potential waste.
SII’s situation reflects a declining demand as the sense of urgency for vaccination appears to be waning around the globe. Companies like SII, which rushed to build capacity amid an initial shortage, are now taking the slowdown the hardest.
“The momentum of the past that brought us so far here is lost,” Poonawalla said, as quoted by The Indian Express.”