• The Serum Institute of India (SII) is joining the Coalition for Epidemic Preparedness Innovations-
• CEPI will invest $30 million to build upon SII’s capabilities to supply affordable investigational vaccines in any epidemic or pandemic.

SII is the world’s largest vaccine manufacturer and has an overall production capacity of 4 billion doses annually.

ABOUT CEPI

• It is a partnership between public, private, philanthropic, and civil organisations, launched at Davos, Switzerland, in 2017.
• It aims to finance and coordinate the development of new vaccines to prevent and contain infectious disease epidemics.
• Headquarters– Oslo, Norway.
• Mission- accelerate the development of vaccines and other biologic countermeasures against epidemics like- Nipah Virus, Lassa fever Vaccine
• It is being funded by the Wellcome Trust, Bill and Melinda Gates Foundation, World Economic Forum (WEF), Governments of Norway, Japan, India (Department of Biotechnology) and Germany.