Serum Institute will prioritize India

An AstraZeneca vaccine production line.

Bloomberg | Bloomberg | Getty Images

The world’s largest producer of vaccines by volume, the Serum Institute of India, was instructed to meet domestic demand for Covid-19 vaccines first – before distributing them abroad.

The move implies that foreign governments may face delays in company orders, as it puts India’s needs ahead of others.

“Dear countries and governments, while waiting for supplies from #COVISHIELD, I humbly ask you to be patient,” tweeted CEO Adar Poonawalla.

He said the Serum Institute of India (SII) “was directed to prioritize India’s enormous needs and, in conjunction with that, to balance the needs of the rest of the world. We are trying our best.”

Poonawalla did not elaborate on who gave the directive.

The SII declined to comment further on Poonawalla’s tweet when contacted by CNBC.

Covishield

An army health worker prepares a dose of Covishield, the AstraZeneca / Oxford Covid-19 coronavirus vaccine produced by the Serum Institute of India, at an army hospital in Colombo on January 29, 2021.

ishara S. Kodikara | AFP | Getty Images

Covishield also received the list of emergency use by the World Health Organization (WHO) this month, allowing it to be provided to low and middle income countries around the world.

AstraZeneca said it expects more than 300 million doses to be made available to 145 countries in the first half of 2021 through Covax, a global vaccination initiative led by WHO and others.

Covishield is cheaper compared to some of the other vaccines in use – such as those from Pfizer-BioNTech and Moderna. It also does not need to be stored in ultra-low temperatures, which makes it suitable for use in many developing countries that lack the necessary storage infrastructure.

Growing demand

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