Home COVID-19 Big News- Covishield Prices reduced to Rs 300 a dose

Big News- Covishield Prices reduced to Rs 300 a dose


Covishield Prices reduced: The price of Covishield vaccine supplied to the state governments will be reduced to Rs 300 per dose with immediate effect, Serum Institute of India’s (SII) chief executive officer Adar Poonawalla said on April 28.

“As a philanthropic gesture on behalf of @SerumInstIndia, I hereby reduce the price to the states from Rs.400 to Rs.300 per dose, effective immediately; this will save thousands of crores of state funds going forward. This will enable more vaccinations and save countless lives (sic),” Poonawalla tweeted.

The SII, which is India’s largest vaccine manufacturer, had earlier priced Covishield at Rs 400 per dose for the state governments and Rs 600 for the private hospitals.

The Supreme Court on Tuesday asked the Centre to explain to it the rationale and basis behind different price slabs of covid-19 vaccines. In the proceedings conducted through video conferencing, senior advocate and SCBA (Supreme Court Bar Association) President Vikas Singh informed the bench that there has been different price slabs for vaccines to be procured by the Centre, states and the private hospitals.

The pricing policy has allowed vaccine manufacturers to fix the price and under it, Serum Institute of India has announced that it will sell Covishield to states at Rs 400 per dose and to private hospitals at the rate of Rs 600 per dose.