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Serum Institute fire: Vaccine major to pay Rs 25 lakh compensation to families, CM Uddhav to visit today


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Image Source : PTI
Smoke billows out after a massive fire broke out at the Serum Institute of India, in Pune, on Thursday.
Maharashtra Chief Minister Uddhav Thackeray will visit the Serum Institute of India's (SII) Manjari facility in Pune on Friday. A fire incident here on Thursday led to the deaths of five people. All were construction workers whose bodies were recovered by fire brigade personnel from the fifth floor of the five-storeyed under-construction building. Nine others were evacuated from the spot.
The bodies of five men, who were working on that floor, were completely burnt when the fire brigade officials reached. Two of them were from Uttar Pradesh, two from Pune and one is from Bihar.

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Fire Breaks Out At Serum Institute Of India Terminal 1 In Pune

CEO Adar Poonawalla said equipment worth hundreds of crores were damaged in the fire, and the company is expected to face revenue loss of more than Rs 1,000 crore over the next one to two years.

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Fire at Serum Institute of India's Pune facility leaves five dead; Covishield production unaffected

Meanwhile, Chief Minister Uddhav Thackeray is set to visit the facility to take stock of the situation tomorrow. The Maharashtra govt has also ordered a probe into the cause of the fire

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Serum Institute researching on 2 Covid-19 vaccines candidates, says Adar Poonawalla


Serum Institute researching on 2 Covid-19 vaccines candidates, says Adar Poonawalla
The SII CEO says considering the high demand for vaccines in the wake of coronavirus, the next decade could be a "golden one" for the entire vaccine industry
BusinessToday.In | December 25, 2020 | Updated 10:48 IST
SII chief executive Adar Poonawalla
Serum Institute of India (SII) chief executive Adar Poonawalla has said the vaccine maker, apart from tying-up with five COVID-19 vaccine candidates for production, is also researching on two vaccine candidates on its own. The world's largest vaccine maker by volume, SII has already manufactured 50 million doses of Covishield vaccine, being developed with the Oxford University and AstraZeneca, on at-risk funding. Overall, the vaccine giants aim to develop 3.2 billion doses of coronavirus vaccines at its facilities.

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