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Serum Institute of India on Sunday announced establishment of a Dr Cyrus Poonawalla Centre of Excellence in Infectious Diseases and Pandemic Preparedness at Hyderabad. This centre will be located at Indian Institute of Public Health, Hyderabad. The Centre of Excellence (CoE) is being set up for providing the community with a centralised location for information, resources, and support during times of public health emergencies. The centre will be staffed by experienced healthcare profess...
Serum Institute to set up CoE for Infectious Diseases and Pandemic Preparedness in Hyderabad
Serum Institute of India CEO Adar Poonawalla on Tuesday said that research is underway to find a vaccine against monkeypox. Poonawalla has reportedly briefed the Union Health Minister Mansukh Mandaviya on the issue in a meeting on Tuesday. Meanwhile, the total number of confirmed Monkeypox cases reached 8 on Tuesday. Mandaviya has said in the Rajya Sabha that out of total 8 cases reported in the country so far, five have the history of travelling abroad. The Health Mini...
Research underway to find vax against monkeypox: Adar Poonawalla
NEW DELHI - Global vaccine-sharing network COVAX is still seeing strong demand for India-made doses of the AstraZeneca COVID-19 shot, its co-lead GAVI said, following comments from producer the Serum Institute of India (SII) that uptake had slowed sharply. The SII, the world's biggest vaccine maker, told India's CNBC-TV18 this week it would temporarily halve the vaccine's production as it had no fresh orders from the Indian government and COVAX was taking fewer doses than...
Demand still strong for India-made AstraZeneca vaccine doses - COVAX's GAVI
Serum Institute of India CEO Adar Poonawalla said that he and other vaccine manufacturers on Saturday discussed with Prime Minister Narendra Modi on how to take the industry forward to prepare for the future pandemics. "We discussed the ways of enhancing the capacities of the industry among many issues with PM Modi in today's (Saturday's) meeting," he said. Poonawalla said that the vaccines industry is going forward, many countries across the world are investing ...
Discussed enhancing capacities to prepare for future pandemic: Adar Poonawalla
Portfolio diversification on the cards * Poonawalla Fincorp reported profits of Rs645mn, missing our estimate of Rs754mn due to lower NII and NIMs amid a gradual shift toward a secured portfolio. Disbursements remained healthy at Rs17.3bn (+7x yoy, +21.5% qoq), mainly tilted toward secured products like housing. AUM, however, remained flat sequentially at Rs144.2bn. * Gross Stage 3 witnessed a surge to ~5.4% from ~3.7% last quarter as lockdowns affected collection efficiency. However, t...
Buy Poonawalla Fincorp Ltd For Target Rs.195 - Emkay Global
Adar Poonawalla has been appointed as an Additional Director in the capacity of Non-Executive Director and designated as the Chairman of Magma Fincorp w.e.f. Tuesday, subject to the approval of the shareholders. The company has set a target to be among the top 3 NBFCs for consumer and small/medium business finance. Poonawalla is also the CEO of the Serum Institute of India, the makers of the Covishield vaccine. Magma Fincorp is now a subsidiary of Rising Sun Holdings Private Limited (ow...
Adar Poonawalla appointed chairman of Magma Fincorp
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