Poonawalla built a vaccine empire, and a staggering fortune.Ĭapitalizing on India’s combination of cheap labor and advanced technology, the Serum Institute won contracts from Unicef, the Pan American Health Organization and scores of countries, many of them poor, to supply low-cost vaccines.
From his stud farm in the fertile and pleasantly humid town of Pune, Mr. Then shots for tuberculosis, hepatitis, polio and the flu.
Modi’s government has not objected to this.īut he added, “Look, they may still invoke some kind of emergency if they deem fit or if they want to.” It’s also led by a highly nationalistic prime minister, Narendra Modi, whose government blocked the export of certain drugs that were believed to help treat Covid-19, the disease caused by the coronavirus, though those restrictions were later lifted.Īdar Poonawalla, 39, says that he will split the hundreds of millions of vaccine doses he produces 50-50 between India and the rest of the world, with a focus on poorer countries, and that Mr. India has been walloped by the coronavirus, and with 1.3 billion people, it needs vaccine doses as much as anywhere.
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Poonawalla received a shipment of 600 million glass vials.īut right now it’s not entirely clear how much of the coronavirus vaccine that Serum will mass-produce will be kept by India or who will fund its production, leaving the Poonawallas to navigate a torrent of cross-pressures, political, financial, external and domestic. Half of the world’s children have been vaccinated with Serum’s products.
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