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Will AZ Legal Notice, Clotting Incidents Cloud Serum’s Fortunes?

Sputnik V New Challenger In India

 
• By Vibha Ravi

AstraZeneca has sent a legal notice to Indian partner Serum Institute for non-delivery of COVID-19 vaccines. Will this and the entry of a new challenger, Sputnik V, in the Indian market affect Serum’s fortunes? Will the EMA and MHRA announcement on clotting incidents related to the AZ vaccine shrink demand for the partnered vaccine?

Man on a seat lost at sea
Will Serum Successfully Ride The Storm? • Source: Shutterstock

After beginning 2021 with a welcome approval for the AstraZeneca PLC/University of Oxford-partnered COVID-19 vaccine Covishield (AZD1222), a wave of unpleasant news has hit Serum Institute of India Pvt. Ltd.. A fire at its manufacturing unit in January was followed in February by South Africa’s refusal to its use Covishield due to lower efficacy against the emergent B.1.351 strain.

March saw a shortage of vaccine components sourced from the US as well as a temporary hold on exports of the SARS-CoV-2 vaccine, and in April Serum Institute’s CEO Adar Poonawalla revealed receiving a legal notice from AstraZeneca over non-delivery of promised

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