India may get a COVID-19 vaccine by March 2021, provided regulators speed up the process as multiple manufacturers are working on it, said Dr Suresh Jadhav, the executive director of the Serum Institute of India.
"India is heading fast towards vaccine development, as two manufacturers are already in phase-3 trial and one in the phase-2 trial. Besides, more players are joining the race," the Indian Express quoted Jadhav as saying.
Speaking at the Vaccine Accessibility e-summit, Jadhav said that the SII could manufacture 700-800 million vaccine doses every year.
Track this LIVE blog for all the latest update son coronavirus pandemic
Pune-based Serum Institute of India has partnered with AstraZeneca for manufacturing the Oxford COVID-19 vaccine candidate. SII is also conducting Phase 2 and 3 human clinical trials of the candidate in India.
"Although 55 percent of the Indian population is below 50 years of age, healthcare workers should get the vaccines first, followed by people over 60 years of age with comorbidities and the rest of the populace," he added.
The SII executive director further said that the institute will be ready with around 60-70 million of COVID-19 vaccines before January 2021.
"However, the coronavirus vaccine will be released in the market in 2021 after all clearances. Thereafter, we will produce more and more dosages, with the government’s permission," Jadhav said.
Coronavirus vaccine tracker | Check out the latest developments from around the world
Concurring with Jadhav, Dr Soumya Swaminathan, chief scientist at the World Health Organization (WHO), also said that a vaccine against COVID-19 should be ready by the second quarter of 2021.
"By January 2021 we should be able to see results, and by the second quarter of 2021 the vaccine against SARS-CoV-2 should be ready," she told the newspaper.
Talking about herd immunity, Swaminathan said that it is not a good idea to try to achieve herd immunity by letting COVID-19 infection run wild in the population.
"We need to talk in terms of a vaccine. With a vaccine, one can achieve immunity and herd immunity safely. Through natural infection, herd immunity can be achieved, but it will be at a great human cost," she said, as per the report.
So far, India has recorded 73,70,468 confirmed COVID-19 cases, including 1,12,161 deaths. Globally, there have been over 3.92 crore confirmed cases of COVID-19 and over 11.02 lakh people have died so far.
Click here for Moneycontrol's full coverage of the COVID-19 vaccine
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.