Photo: The Indian Express
Pune SII Fire: CEO Adar Poonawalla Estimates Rs 1,000 Cr Loss
A day after the fire outbreak at its Pune-based plant, the Serum Institute of India CEO Adar Poonawalla has admitted a financial loss of Rs 1,000 crore. Adar said, "The fire has damaged machinery installed for rotavirus and BCG vaccine production." However, has assured that the production facility of COVID-19 vaccine - Covishield - has not been affected. Moreover, three to four floors of the SII facility were damaged.
Tags: Fire at SII, SII, Adar Poonawalla, Covishield vaccine
Courtesy: Deccan Herald
Photo: DNA India
SII Announces Compensation Of Rs 25 Lakh To Families Of Deceased
Pune-based the Serum Institute of India has announced a Rs 25-lakh compensation to the families of five deceased who lost their lives in the fire outbreak on January 21. Expressing his grief, SII CEO Adar Poonawalla said, "Extremely sorrowful day for all of us". Reportedly, four other people were evacuated from the SII's Manjari premises . Meanwhile, the SII and Maharashtra CM Uddav Thackary have assured that the accident will not affect… read-more
Tags: Serum Institute of India, SII, Fire at SII, Fire Outbreak, Pune
Courtesy: Times Now
