Injecting urgency - The Hindu BusinessLine : vimarsana.com

Injecting urgency - The Hindu BusinessLine


Injecting urgency
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Centre has to think out-of-the-box to increase vaccine supplies. Global tenders by States may not work
Over the last one week, several States have put out global tenders for vaccine supplies with Maharashtra and Uttar Pradesh being the trail blazers. On Tuesday, the Municipal Corporation of Greater Mumbai had to extend the deadline for the tender it put out on May 12 by another week due to lack of response. This is not surprising and should have been evident even before the tender was floated. The simple fact is that there is no spare vaccine capacity available with any of the producers across the world. The capacities of Pfizer and Moderna have been booked for the coming several months by the Western nations while Russia which produces the Sputnik is facing constraints in its own production which is why it has tied up with a laundry list of Indian pharma companies to produce the vaccine. With China being kept out of the tender by some of these States, there is little prospect that the tenders will get adequate response. While the intent — to create supplies to overcome the domestic scarcity — is understandable, the fact is that the tenders are unlikely to add anything significant to the market for the present.

Related Keywords

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