Serum Institute seeks indemnity from liability: sources - News Summed Up

Serum Institute seeks indemnity from liability: sources


With Centre considering Pfizer, Moderna’s plea, firm hopes rules will be same for allWith the Centre favourably considering granting indemnity against legal proceedings to foreign vaccine makers Pfizer and Moderna prior to their rollout in India, the Pune-based Serum Institute of India (SII) has also sought indemnity from liability, expressing the hope that rules would be the same for everyone, said sources on Thursday. “If foreign vaccine makers are given indemnity protection, then all vaccine firms in the country, not just the SII, must be given the same. We are hoping the same rules apply to everyone,” said an SII source. According to reports, the Centre is apparently considering granting indemnity to vaccine manufacturing companies if they applied for Emergency Use Authorisation (EUA). Till date, no Indian vaccine company has ever paid indemnity and neither has the Central government, the biggest vaccine user, done so.


Source: The Hindu June 03, 2021 06:05 UTC



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