BR100 Increased By (0.34%)
BR30 Increased By (0.77%)
KSE100 Increased By (0.26%)
KSE30 Increased By (0.25%)
BECO 5.75 Increased By ▲ 0.36 (6.68%)
BML 57.25 Decreased By ▼ -0.21 (-0.37%)
BOP 36.80 Increased By ▲ 0.49 (1.35%)
CNERGY 8.40 Increased By ▲ 0.19 (2.31%)
DCL 12.02 Increased By ▲ 0.19 (1.61%)
FCCL 58.83 Decreased By ▼ -0.45 (-0.76%)
FCSC 5.00 Decreased By ▼ -0.01 (-0.2%)
FFL 17.95 Increased By ▲ 0.10 (0.56%)
FNEL 1.26 No Change ▼ 0.00 (0%)
HUMNL 11.45 Decreased By ▼ -0.05 (-0.43%)
KEL 8.30 Decreased By ▼ -0.03 (-0.36%)
KOSM 6.63 No Change ▼ 0.00 (0%)
MLCF 108.50 Increased By ▲ 1.07 (1%)
NBP 206.11 Increased By ▲ 1.10 (0.54%)
PACE 11.15 Increased By ▲ 0.05 (0.45%)
PAEL 45.50 Increased By ▲ 0.08 (0.18%)
PIAHCLA 30.88 Decreased By ▼ -0.88 (-2.77%)
PIBTL 19.03 Increased By ▲ 0.18 (0.95%)
PPL 245.40 Increased By ▲ 1.66 (0.68%)
PRL 36.15 Decreased By ▼ -0.09 (-0.25%)
PTC 72.20 Increased By ▲ 0.13 (0.18%)
SEARL 96.55 Increased By ▲ 1.97 (2.08%)
SSGC 31.97 Increased By ▲ 0.12 (0.38%)
TELE 9.28 Increased By ▲ 0.26 (2.88%)
THCCL 68.20 Decreased By ▼ -0.27 (-0.39%)
TPLP 11.26 Increased By ▲ 0.54 (5.04%)
TREET 25.75 Decreased By ▼ -0.14 (-0.54%)
TRG 67.95 Increased By ▲ 3.64 (5.66%)
WAVES 11.02 Increased By ▲ 0.11 (1.01%)
WTL 1.29 No Change ▼ 0.00 (0%)
By

GENEVA: Up to 100 million additional doses of any eventual Covid-19 vaccines will be secured for delivery to poorer countries in 2021, Gavi, the Vaccine Alliance, announced Tuesday.

The announcement doubles the number of doses already secured from the Serum Institute of India (SII), the world's largest vaccine manufacturer by volume, by Gavi and the Bill & Melinda Gates Foundation, following an initial agreement last month.

"This brings the total number of vaccine doses to be covered by the partnership between SII, Gavi, and the Gates Foundation to an aggregate of up to 200 million doses," Gavi said in a statement.

It stressed that the agreement "provides an option to secure additional doses, potentially several times the 200 million dose total," if needed, adding that the vaccines will have a ceiling price of $3 per dose.

Under the agreement, SII will receive upfront capital to scale up its manufacturing capacity to produce candidate vaccines being developed by AstraZeneca and by Novovax.

The idea is for the manufacturer to be able to begin rolling out millions of doses as soon as a vaccine, or vaccines, receive approval from regulators and the World Health Organization.

The doses will be distributed through Covax, the international coronavirus vaccine procurement pool created by the WHO to ensure equitable access to the jabs, "as early as the first half of 2021", the statement said.

"No country, rich or poor, should be left at the back of the queue when it comes to Covid-19 vaccines; this collaboration brings us another step closer to achieving this goal," Gavi chief Seth Berkley said in the statement. Covax, which aims to lay its hands on two billion doses of safe and effective vaccines by the end of next year, has struggled to raise the funds needed to provide for the 92 low-income countries and other economies that quickly signed up.

Comments

Comments are closed for this article.