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Serum Institute of India got US$150 million from Gates Foundation for COVID-19 vaccine.

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Serum Institute of India said on Friday (Aug 7) it would receive US$150 million in funding from the Bill & Melinda Gates Foundation and the GAVI vaccines alliance to make 100 million COVID-19 vaccine doses for India and other emerging economies as early as 2021.

The candidate vaccines, including those from AstraZeneca and Novavax, will be priced at US$3 a dose and will be made available in 92 countries in GAVI’s COVAX Advance Market Commitment, the company said in a statement.

The Gates Foundation will provide the funds to GAVI, which will be used to support Serum Institute.

GAVI, backed by the Gates Foundation, is a public–private global health partnership with the goal of increasing access to immunization in poor countries.

It co-leads COVAX – a scheme designed to guarantee fast and equitable access globally to COVID-19 vaccines – along with the World Health Organization and the Coalition for Epidemic Preparedness Innovations.

COVAX aims to deliver 2 billion doses of approved and effective COVID-19 vaccines by the end of 2021.

Corona

No board exams for CBSE class Xth, class 12 exams postponed amid corona scare

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In a significant development, CBSE Class 10 eams have been cancelled, while CBSE Class 12, Board Exams 2021 have been posotponed due to rising COVID-19 cases.

“The Board Exams for Class XIIth to be held from May 4th to June, 14th, 2021 are hereby postponed…The Board Exams for Class Xth to be held from 4th May to June 14th, 2021 are hereby cancelled,” the government said in a press release on Wednesday.

The decision was taken during a meeting of Prime Minister Narendra Modi with Union Education Minister Ramesh Pakhriyal Nishank and other senior officials.

“Results of Class 10th will be prepared on the basis of an objective criterion to be developed by the Board. Class 12th exams will be held later, the situation will be reviewed on 1st June by the Board,” Ministry of Education said.

 

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