Skip to content
Search

Latest Stories

Vaccine tycoon Adar Poonawalla calls Covid booster shots 'unethical'

Vaccine tycoon Adar Poonawalla calls Covid booster shots 'unethical'

The head of the world's largest vaccine maker said on Friday (17) it was "unethical" to give third doses of the Covid-19 vaccine while developing nations are struggling to access first and second jabs.

Adar Poonawalla, billionaire chief executive of Serum Institute of India, spoke out as he announced a $4.9 billion deal to take a 15 percent stake in a rival pharma firm, allowing vaccine production to be ramped up.


Israel was the first country to recommend Covid-19 booster doses in July and several European nations have since followed, targeting high-risk groups.

The United States, which is suffering rising coronavirus cases, is expected to roll out booster doses from next week.

"It's unethical to start giving three doses to somebody when others in certain countries and populations have not even got two doses," Poonawalla told reporters.

He added it was "not right" to roll out booster shots when poorer countries have "not been able to get the vaccines purely because the rich nations have taken away most of the vaccines."

Serum Institute is currently producing 160 million doses of Astra-Zeneca's Covishield each month, but Poonawalla said this would go up to 200 million from October.

Despite India's export ban because of shortages that have hit the domestic vaccination drive, he said he expects restrictions will "slowly ease in the next month or two".

He acknowledged that "some very vulnerable sections" could benefit from booster shots, but added: "There is no evidence to say so far that Covishield requires a third dose."

Serum Institute is taking a stake in fellow pharma billionaire Kiran Mazumdar Shaw's Biocon Biologics.

Under the deal, Biocon will be able to manufacture and sell 100 million vaccine doses annually -- including Covishield and Covavax, Serum's Novavax vaccine for children, currently undergoing trials.

Poonawalla said both companies were ramping up research for a potential new-style messenger RNA vaccine, similar to Pfizer and Moderna's Covid-19 products.

More For You

Baiju Bhatt

At 40, Bhatt is the only person of Indian origin in this group, which includes figures such as Meta’s Mark Zuckerberg. (Photo: Getty Images)

Baiju Bhatt named among youngest billionaires in US by Forbes

INDIAN-AMERICAN entrepreneur Baiju Bhatt, co-founder of the commission-free trading platform Robinhood, has been named among the 10 youngest billionaires in the United States in the 2025 Forbes 400 list.

At 40, Bhatt is the only person of Indian origin in this group, which includes figures such as Meta’s Mark Zuckerberg. Forbes estimates his net worth at around USD 6–7 billion (£4.4–5.1 billion), primarily from his roughly 6 per cent ownership in Robinhood.

Keep ReadingShow less
Mandelson-Getty

Starmer dismissed Mandelson on Thursday after reading emails published by Bloomberg in which Mandelson defended Jeffrey Epstein following his 2008 conviction. (Photo: Getty Images)

Getty Images

Minister says Mandelson should never have been appointed

A CABINET minister has said Peter Mandelson should not have been made UK ambassador to the US, as criticism mounted over prime minister Keir Starmer’s judgment in appointing him.

Douglas Alexander, the Scotland secretary, told the BBC that Mandelson’s appointment was seen as “high-risk, high-reward” but that newly revealed emails changed the situation.

Keep ReadingShow less
Shivani Raja MP leads fight to save Leicester Diwali celebrations

Shivani Raja MP

Shivani Raja MP leads fight to save Leicester Diwali celebrations

TWO Conservative MPs have launched a petition to stop Leicester City Council cutting back this year's Diwali celebrations.

Shivani Raja, MP for Leicester East, and Neil O'Brien, who represents nearby Harborough, Oadby and Wigston, started the Change.org petition on Wednesday (10) after the council announced plans to remove key elements from the October 20 event.

Keep ReadingShow less
Indian American hotel employee beheaded in Dallas

Chandra Nagamallaiah (R) was stabbed and beheaded on duty; Yordanis Cobos-Martinez was arrested and charged for the killing.

Indian American hotel employee beheaded in Dallas

A STAFF MEMBER at Downtown Suites Dallas, US, was killed on Wednesday (10) morning. Chandra Nagamallaiah, 50, was stabbed and beheaded on duty in front of his wife and son, according to reports.

Yordanis Cobos-Martinez, 37, was arrested and charged in the killing, which reportedly stemmed from an argument over a broken washing machine, media reports said, citing the Dallas Police Department.

Keep ReadingShow less
Deadly Pakistan floods force over two million to flee their homes

Residents sit in a rescue boat as they evacuate following monsoon rains and rising water levels in the Chenab River, in Basti Khan Bela, on the outskirts of Jalalpur Pirwala, Punjab province, Pakistan, September 10, 2025. REUTERS/Quratulain Asim

Deadly Pakistan floods force over two million to flee their homes

OVER two million people have been forced to leave their homes as devastating floods continue to sweep across Pakistan's eastern regions, authorities announced.

The worst-hit area is Punjab province, where more than two million residents have been evacuated. An additional 150,000 people have fled Sindh province, according to national disaster management chief Inam Haider Malik, who warned that the "number may rise over the coming days".

Keep ReadingShow less