Bharat Biotech fixes price of Covaxin at Rs 600 for states, Rs 1,200 for pvt hospitals

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Bharat Biotech has priced its Covid vaccine Covaxin at Rs 600 per dose for state governments and Rs 1200 per dose for non-public hospitals.

The firm has priced it at $15-$20 per dose for the export market. Bharat Biotech mentioned it has already equipped 50% of its dedication to the Central authorities at Rs 150 per dose.

The price of Covaxin is Rs 200 larger than Serum Institute of India’s Covisheild for public market and double the price for non-public market. Bharat Biotech mentioned the rationale for the excessive price is as a result of the vaccine is inactivated and extremely purified making it low yeild.

The firm can also be betting on the security profile of the vaccine as its distinctive promoting level. From May 1, India’s vaccination is open for all adults above age of 18. The central authorities has requested state governments to acquire doses and in addition allowed non-public market to acquire vaccines.

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