Close Menu
The Elite TimesThe Elite Times
  • Home
  • Entrepreneur
  • Finance
  • Fund
  • Investment
  • Marketing
  • Stock
  • World
  • Business

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Visionary Entrepreneur Manuel Manzoni and International Taxation Expert Marco Scardeoni Partner to Drive Global Expansion through GCC Advisors

April 16, 2024

Help comes to Fort Worth businesses affected by explosion – NBC 5 Dallas-Fort Worth

March 29, 2024

Lawmakers claim ‘irresponsible’ withdrawal from Endowment Fund proceeds to pay full dividends

March 29, 2024
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
The Elite TimesThe Elite Times
  • Home
  • Entrepreneur

    21 Great Business Ideas for Nurse Entrepreneurs

    March 27, 2024

    EY announces 18 female entrepreneurs selected for EY Entrepreneurial Winning Women™ Asia-Pacific class of 2024 | EY

    March 27, 2024

    Victims of Baltimore bridge collapse include father of three and budding entrepreneur

    March 27, 2024

    Until April 2nd, get great discounts with lifetime access to this stock market app

    March 27, 2024

    Secure and reliable project management support for $25

    March 27, 2024
  • Finance

    Rocket Pharmaceuticals Announces Appointment of Aaron Ondrey as Chief Financial Officer and Additional Updates to Corporate Leadership Team

    March 26, 2024

    Reddit ignites resurgence in meme stocks, further sign of ‘bull market on all fronts’

    March 26, 2024

    Walmart stock plummets, retail giant expected to see further growth

    March 26, 2024

    Stocks soar as Wall Street looks to continue breaking records

    March 26, 2024

    Stocks soar as Wall Street looks to continue breaking records

    March 26, 2024
  • Fund

    Help comes to Fort Worth businesses affected by explosion – NBC 5 Dallas-Fort Worth

    March 29, 2024

    Lawmakers claim ‘irresponsible’ withdrawal from Endowment Fund proceeds to pay full dividends

    March 29, 2024

    The LDP slush fund scandal: What will make po

    March 29, 2024

    City of San Antonio seeks dismissal of Reproductive Justice Fund lawsuit

    March 29, 2024

    Clashes expected between Biden fundraisers and President Trump during preview visit to New York

    March 29, 2024
  • Investment

    Amazon (NASDAQ:AMZN) accelerates investment in humanity and accelerates AI drive

    March 28, 2024

    Recent trends in Kazakhstan’s investment situation

    March 28, 2024

    City of South Bend shares plans for Madison Lifestyle District with more than $330 million in private investment

    March 28, 2024

    OKX Ventures announces strategic investment in MyShell, a pioneer in AI-integrated Web3 technology

    March 28, 2024

    Reform of the EU Foreign Direct Investment Screening Regulation – How might M&A Transactions be impacted? | Mayer Brown

    March 28, 2024
  • Marketing

    Premium hospitality is on fire

    March 27, 2024

    S&P 500 sets record as Wall Street emerges from lull

    March 27, 2024

    DevvStream Announces Multi-Year Agreement to Sell CFR Credits with Major Logistics and Marketing Company

    March 27, 2024

    Global online dating services market by service (casual dating, matchmaking, niche dating), subscription (annual, monthly, quarterly), age group, and gender

    March 27, 2024

    Tower Federal Credit Union Receives Two CUNA Diamond Awards for Creative Excellence in Marketing

    March 27, 2024
  • Stock

    Forget Tesla: We think the ‘Magnificent Seven’ should replace this stock

    March 27, 2024

    Forget about Tesla: One of the unstoppable artificial intelligence (AI) stocks belongs to the ‘Magnificent Seven’ instead

    March 27, 2024

    2 Artificial Intelligence (AI) Stocks with Potential for Parabolic Growth

    March 27, 2024

    Mr. Powell’s comment

    March 27, 2024

    What you need to know about Trump Media’s stock debut

    March 27, 2024
  • World

    Take a look inside the New York Stock Exchange, the world’s largest stock market

    March 26, 2024

    China challenges Biden’s electric vehicle plan at World Trade Organization

    March 26, 2024

    Wolfspeed joins Senator Thom Tillis and key officials to conquer world’s largest and most advanced silicon carbide facility

    March 26, 2024

    Amy Brenneman, Raviv Ullman, Jeremy Love, cast and others in ‘Galilee’ world premiere, 34 years old

    March 26, 2024

    These beauty brands are among the most innovative companies in the world

    March 26, 2024
  • Business

    Canadian business leaders say housing should be a top federal budget priority

    March 27, 2024

    The power of mentorship in business

    March 27, 2024

    Los Angeles County business owner forced to pay damages after SWAT raid

    March 27, 2024

    Chinese President Xi meets with foreign business leaders amid economic uncertainty | Business and Economic News

    March 27, 2024

    China’s Xi Jinping meets with US business leaders in Beijing

    March 27, 2024
The Elite TimesThe Elite Times
Home»World»Why India’s ‘vaccine prince’ worries the world is unprepared for new pandemics
World

Why India’s ‘vaccine prince’ worries the world is unprepared for new pandemics

The Elite Times TeamBy The Elite Times TeamMarch 10, 2024No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest WhatsApp Email

[ad_1]

But elsewhere, particularly in the UK, efforts to ramp up vaccine manufacturing capacity pale in comparison.

“If you scratch the surface, there’s nothing there,” Clive Dix, former head of the coronavirus vaccine task force, told the Telegraph. “In terms of the whole manufacturing environment, the UK is a bit of a hostile place for that to happen. So people have moved away.”

Like Mr Poonawalla, Dr Dix said a lack of political interest was a major barrier to increasing UK manufacturing capacity.

Experts pointed to the Center for Vaccine Manufacturing Innovation to highlight this issue.

The company was founded during the pandemic as a not-for-profit company that brings together research and manufacturing under one roof. But in 2022, the £200m government-funded center was sold to a private pharmaceutical company.

Dr Dix added that further incentives were needed to bring vaccine research and manufacturing to the UK, such as the recently introduced tax breaks in Ireland. Otherwise, the UK would be completely reliant on other countries in the event of a new pandemic.

“We actually lost a lot of manufacturing jobs. [to other countries]”It’s also because large companies are looking at the cost base for doing it,” he says. “A lot of it went to India and China…We’ve been missing out on that because of our cost base.”

Across the Channel, Europe, which has been in fierce competition with Britain and the United States for supplies during the coronavirus pandemic, appears to be becoming more aggressive. In June 2023, the European Union signed agreements with four vaccine manufacturers to secure manufacturing capacity for future outbreaks.

At a cost of 160 million euros per year, the deal with US pharmaceutical giant Pfizer, Spanish vaccine makers HIPRA Vaccines and CZ Vaccines, and Dutch company Bilthoven Biologicals will cover enough capacity for 325 million doses per year. be done. This includes different types of vaccines, including mRNA, viral vectors, and protein-based shots.

Dr Dix believes it is not too late to restore ailing political will and replicate Europe’s efforts.

“I think with the right leadership it could be easily revived and made a reality,” he says.

“No one should be left behind”

Back in Pune, Poonawalla said that if leaders around the world want to avoid supply chain issues hit hard by COVID-19, they can invest in a diversified portfolio of manufacturers in different geographical regions. He emphasized that it is important.

“If you don’t have off-the-shelf equipment available, you end up in exactly the same situation you were in when you were relying on four or five manufacturers around the world,” he says.

“Every country is going to be fighting for it. All the bans and restrictions, raw material restrictions and regulatory restrictions that have caused delays and disruption and wreaked havoc during the pandemic will be imposed. Let’s go.”

SII was not spared from the chaos either. The government has banned exports of vaccines as India is infected with the new coronavirus, which has killed at least 770,000 people across its vast territory.

At the time, SII exported just 60 million doses of vaccines, mainly aimed at low-income countries unable to secure vaccines from other countries. AstraZeneca, which SSI has contracted to produce 1 billion doses of the vaccine, has filed a legal notice citing delivery delays.

Vaccine supplies have been divided around the world, with rich countries protecting their populations first and poorer countries being left behind.

Poonawalla said SII is committed to ensuring that the same does not happen next time and keeping costs low to ensure that the most vulnerable are vaccinated.

“At SII, we strongly believe that no one should be left behind in the fight against global health emergencies,” he said.

“Our commitment to equity, combined with our continued commitment to strengthening manufacturing capabilities, building strategic partnerships, and aligning with international initiatives, will help us meet the needs of both India and its surrounding regions. “We will ensure timely and equitable distribution of lifesaving vaccines to people in need of the world during the next pandemic.”

SII also faces opposition from the U.S. drug lobby, which wants reforms to intellectual property protections, while regulations make it difficult for the company to penetrate wealthy markets.

More broadly, India’s pharmaceutical industry faces significant scrutiny. The company has been plagued by scandals, including a deadly cough syrup that killed hundreds of children, but SII has insisted it was not involved.

[ad_2]

Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleDune’s marketing fooled viewers twice
Next Article $11.9 million in federal funds will go to seven projects in Imperial County
The Elite Times Team
  • Website

Related Posts

Take a look inside the New York Stock Exchange, the world’s largest stock market

March 26, 2024

China challenges Biden’s electric vehicle plan at World Trade Organization

March 26, 2024

Wolfspeed joins Senator Thom Tillis and key officials to conquer world’s largest and most advanced silicon carbide facility

March 26, 2024
Leave A Reply Cancel Reply

Demo
Latest Posts

21 Great Business Ideas for Nurse Entrepreneurs

March 27, 2024

EY announces 18 female entrepreneurs selected for EY Entrepreneurial Winning Women™ Asia-Pacific class of 2024 | EY

March 27, 2024

Victims of Baltimore bridge collapse include father of three and budding entrepreneur

March 27, 2024

Until April 2nd, get great discounts with lifetime access to this stock market app

March 27, 2024
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Don't Miss

The Chamber’s “Business After Hours” event brings together business and industry interests that share a common goal – Grand Forks Herald

By The Elite Times TeamDecember 31, 2023

[ad_1] Editor’s note: The following is part of an occasional Herald series about how Grand…

Business Profile: Skradski Family Funeral Homes looks to the future | News, Sports, Jobs

January 2, 2024

Jeffrey Epstein’s court documents released without name

January 4, 2024

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

Demo
About Us
About Us

Welcome to [Your Website Name], your go-to source for comprehensive information on funds, investments, and the latest in stock news. We are dedicated to providing you with accurate, insightful, and up-to-date content to empower your financial decisions.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

Visionary Entrepreneur Manuel Manzoni and International Taxation Expert Marco Scardeoni Partner to Drive Global Expansion through GCC Advisors

April 16, 2024

Help comes to Fort Worth businesses affected by explosion – NBC 5 Dallas-Fort Worth

March 29, 2024

Lawmakers claim ‘irresponsible’ withdrawal from Endowment Fund proceeds to pay full dividends

March 29, 2024
Most Popular

Visionary Entrepreneur Manuel Manzoni and International Taxation Expert Marco Scardeoni Partner to Drive Global Expansion through GCC Advisors

April 16, 2024

Teenage Girl Finds Mom’s Debit Card, Spends $64,000 on Mobile Games

January 9, 2020

Apple’s Beats Studio Pro Headphones Listed in FCC Database Ahead of Launch

January 10, 2020
© 2025 theelitetimes. Designed by theelitetimes.
  • Home
  • About us
  • Contact us
  • DMCA
  • Privacy Policy

Type above and press Enter to search. Press Esc to cancel.