: Serum Institute seeks protection from legal liability, says ‘rules should be same for everyone’ #IndiaNEWS The Serum Institute of India has sought indemnity from liability or legal protection from

Serum Institute seeks protection from legal liability, says ‘rules should be same for everyone’ #IndiaNEWS
The Serum Institute of India has sought indemnity from liability or legal protection from the government for any severe side effects of its coronavirus vaccine, NDTV reported on Thursday. Reports said this was a key condition put forth by pharmaceutical companies Pfizer and Moderna for supplying doses to India.The Adar Poonawalla-led company, which manufactures Covishield, has told the government that all vaccine makers, whether Indian or foreign, should be granted the same protection. “Serum is hoping that rules should be same for everyone,??? an unidentified official told NDTV.The Indian drug regulator has so far not granted indemnity against the costs of compensation for severe side effects to the manufacturers of any of the three Covid-19 vaccines which have received emergency use authorisation. A top official told News18 that “there is no problem??? in granting indemnity to Pfizer and Moderna. The approval, the official added, will be in line with the approach taken by the United States and other countries in administering vaccines of the pharma giants. Pfizer has obtained indemnity in several countries where its vaccine is already in use, including the US. The company cannot be sued for compensation if there are any adverse effects from its Covid shot.Last month, Dr VK Paul, head of India’s Covid-19 Task Force,...Read more

Stock Market NEWS Best intraday tips Intraday Stocks below 100