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Showing posts from May 13, 2021

The Case of Adar Poonawalla: Investing Indian Taxpayers' money in UK?

Serum Institute of India (SII) is the producer and distributor of the AstraZeneca-OxfordUniversity Covid19 vaccine (COVISHIELD) in India and other third world countries. Adar Poonawalla, the CEO of Serum Institute of India had recently fled to London, citing 'threats' from Chief Ministers of states, some corporate bosses and VIPs. But Mr. Poonawalla had been making flip flopping his statements regarding the delay in Covishield production and the difference in its cost (sold at higher costs to state governments and private hospitals when compared to central government). We will follow the chronology of events to understand what really is going on here- based on news articles: Late March, 2021: AstraZeneca sends legal notices to SII over delays in vaccine supplies. ( Click Here ). April 6, 2021: Poonawalla demands 3000 crores aid from the government for the production of Covishield. Suggests that SII had lost millions as India had haulted/slowed the export of Covishield-attract