Gates Foundation CEO feels a large portion of COVID-19 vaccines likely to be manufactured in India
By MYBRANDBOOK
Mark Suzman, Bill and Melinda Gates Foundation CEO felt a very large portion of COVID-19 vaccines are likely to be manufactured in India through the country's strong and robust private sector partners. Suzman noted that India is doing everything it can right now with the resources at hand to fight the COVID-19 pandemic.
He said, "I think India is doing everything it can right now with the resources at hand, but we are all hopeful that next year as some of these vaccines should come out...and our expectation is that a very large portion of these are likely to be manufactured in India through the strong and robust Indian private sector partners and then that will be the key area to focus on in the next phase of the COVID pandemic. We believe passionately that there needs to be equitable global distribution, so everything we are doing is to make sure that the developing countries will be able to have access at the same time and at the same volumes as wealthy countries, because for a global pandemic that is essential, but then the exact pacing and distribution within the countries is going to depend on national guidelines with some of the global recommendations."
He said the foundation has been working to support a lot of work around diagnostics as well. "And in that context, we are strong supporters of this global effort, which India is part of, called COVAX, which is a multilateral initiative to procure vaccines at scale and then distribute them through the GAVI vaccine alliance to countries including India," Suzman added.
“And last but not least, we have also been directly supporting some specific investments, again some with Indian partners like Serum Institute of India and GAVI around particular vaccines which are very promising in order to make sure many of the products are being manufactured in real-time and even ahead of regulatory approval for potential distribution because we want to make sure that the distribution goes to developing countries at the same time as rich countries, that you don't have the time lag with rich countries having bought up early available market, which has been the risk," he said.
He said the biggest learning from the pandemic is that at all levels, global, regional, national, there needs to be a permanent infrastructure in place that is prepared and ready to go which will keep the world much better prepared for the next one, which will come. It is not as if the pandemic was really that much of a surprise, maybe the scale, the speed and the exact nature of the pathogen could not have been predicted but as Bill Gates and others have been warning for years, this has been one of the most likely global crises.
The government of India intends to construct a single portal f
A single portal will be launched by the Indian government to list all of it...
OpenAI offers GPT-4o, a faster model available to all users at
GPT-4o, a faster and more sophisticated AI model, is made available to all...
Paytm brings UPI Lite Wallet for low-value transactions
Paytm’s parent company One97 Communications (OCL) is emphasizing upon UP...
BHIM to join e-commerce, competing with PhonePe and Google Pay
The government-supported payment software BHIM is getting ready to join t...
FIREBOLTT
SECUREYE SERVICES PVT. LTD.
SAMSUNG INDIA ELECTRONICS PVT. LTD.
HP INDIA SALES PVT. LTD.
Technology Icons Of India 2023: Girish Mathrubootham
Girsh Mathrubootham envisioned and co-founded Freshworks. Freshworks, ...
Technology Icons Of India 2023: Roshni Nadar Malhotra
Roshni Nadar Malhotra is an Indian billionaire businesswoman and the c...
Technology Icons Of India 2023: Ashish Kumar Chauhan
Ashish works as the CEO of the National Stock Exchange (NSE). He is al...
INDIANOIL helps reach precious petroleum fuels to every nook and corner of the country
IndianOil, a diversified, integrated energy major with presence in alm...
BEL leveraging next generation technologies to keep the country ahead in Defence space
Bharat Electronics Limited (BEL) is a Navratna PSU under the Ministry ...
Aadhaar: Architecting the World's Largest Biometric Identity System
The Unique Identification Authority of India (UIDAI) is a statutory au...
TECHNOBIND SOLUTIONS PVT. LTD.
TechnoBind’s business model is focused on identifying and partnering...
BEETEL TELETECH LTD.
: Beetel is one of the oldest and most reputed brands in the Industry,...
INFLOW TECHNOLOGIES PVT. LTD.
Inflow Technologies is a niche player in the IT Infrastructure Distrib...