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Centre asks Serum Institute, Bharat Biotech to lower Covid vaccines’ price

Video Credit: HT Digital Content - Duration: 01:28s - Published
Centre asks Serum Institute, Bharat Biotech to lower Covid vaccines’ price

Centre asks Serum Institute, Bharat Biotech to lower Covid vaccines’ price

The central government on Monday asked the Serum Institute and Bharat Biotech to lower price of their COVID-19 vaccines amid criticism from various states who accused the companies of profiteering during such a major crisis.

Now the two companies are expected to come up with revised pricing for their vaccines.

The Hyderabad-based Bharat Biotech has fixed the price of its COVID-19 vaccine, Covaxin, at Rs 600 per dose for state governments and at Rs 1,200 per dose for private hospitals.

The Pune-based Serum Institute of India (SII), the world's largest vaccine maker in terms of volume, has announced a price of Rs 400 per dose for its COVID-19 vaccine, 'Covishield', for state governments and Rs 600 per dose for private hospitals.

Watch the full video for more details.


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