World’s largest Covid jab maker forced to halve production

India's Serum Institute,

India’s Serum Institute, the world’s largest vaccine maker, has announced that it is stuck with around half a billion doses of the Covishield jab due to a lack of orders, forcing the company to halve production.

Speaking to Indian TV network CNBC-TV18 on Wednesday, Serum Institute CEO Adar Poonawalla claimed that the company is facing a “dilemma” that it could have “never imagined to be in” during the pandemic.

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