NEW DELHI: A safe Vaccine to prevent COVID-19 could take a very long time to be ready, so there is a need to deal with the pandemic for next few years and invest more in healthcare, Biocon Executive Chairperson Kiran Mazumdar-Shaw said on Saturday.
She was speaking in a webinar on 'Pharma and Healthcare's New Normal: Engaging With Customers in Uncertain Times; Business Model Post-COVID-19', organised by CorpGini.
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"…We believe that it will take a very long time before you can actually have a safe vaccine that can be accessible to the entire country. We must understand that vaccine development is a very complex process. Shortest time taken for any vaccine is not less than 4 years," Mazumdar-Shaw said.
Trying to develop vaccine in less than a year is a very daunting and almost impossible task. Vaccine development involves a large number of processes to establish the safety, efficacy and endurance of the vaccine,Â she added.
"We need to deal with this pandemic for the next few years before we really get a reliable vaccine… We need to invest much more in healthcare. If this pandemic has exposed one ugly truth about every country, not just India, it is about the appalling state of public and primary healthcare, appalling state of under investing in healthcare,"Â Mazumdar-Shaw said.
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Healthcare is a capital intensive sector, it is a skill intensive sector, it is a employment generation sector, she added.
"There needs to be a very systematic data led approach to see how can we deal with the infection and keep people safe," MazumdaRead More – Source