Serum Institute of India to receive $150 million funding from Gates Foundation for Covid-19 vaccine
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Serum Institute of India informed that it has entered into a partnership with 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 funds will be provided to GAVI which will be used to support Serum Institute. It is to be noted that India has crossed 2 million confirmed coronavirus cases.