REVEALED! Covaxin, Covishield, American, Russian and Chinese vaccines price-Cheapest, costliest vaccine details here
Covid 19 vaccines price: Bharat Biotech has announced the price of Covid 19 vaccine for state and private hospitals. The decision comes on the directive of the India government. Earlier this week, Serum Institute of India (SII) had also revealed prices of its vaccine.
Covid 19 vaccine price: Bharat Biotech has announced the price of Covid 19 vaccine for state and private hospitals. The decision comes on the directive of the India government. Earlier this week, Serum Institute of India (SII) had also revealed prices of its vaccine.
See Zee Business Live TV Streaming Below:
Bharat Biotech has fixed the price of Covaxin at Rs 600 per dose for state governments and at Rs 1,200 per dose for private hospitals, the vaccine maker announced on Saturday. In a statement, Bharat Biotech Chairman and Managing Director Krishna M Ella said the company is supplying the vaccine to the Central Government at Rs 150 per dosage.
"We would like to state that more than 50 per cent of our capacities have been reserved for Central Government supplies," Ella said.
Recovering cost is essential in the journey of innovation towards other vaccines such as intranasal Covid-19, Chikungunya, Zika, Cholera and others, he added.
The company has tagged the vaccine between USD 15-20 for export markets.
Earlier this week, Serum Institute of India had announced a price of Rs 400 per dose for "Covishield" for state governments and Rs 600 per dose for private hospitals.
The company also said for the next two months, it will address the issue of limited capacity by scaling up vaccine production.
"Going ahead, 50 per cent of our capacities will be served to the Government of India''s vaccination programme, and the remaining 50 per cent of the capacity will be for the state governments and private hospitals," PTI had reported citing Serum Institute of India's statement.
American vaccines in the private market cost more than Rs 1,500 per dose, while Russian and Chinese vaccines cost greater than Rs 750 per dose, it had noted.
Covishield comprises over 90 per cent of the 12.76 crore COVID-19 vaccines administered across the country so far, according to government data on Wednesday.
On April 24, the government also waived customs duty on the import of COVID vaccines as well as medical grade oxygen and related equipment.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.