Covishield vaccine being procured by govt at Rs 210 per dose: MoS Health

By: |
February 13, 2021 9:35 AM

Minister of State for Health Ashwini Choubey was responding to a question on whether the government is aware that the Oxford-AstraZeneca vaccine is being sold to European Union nations at comparatively lower price that to India.

covishield vaccine, covid 19 pandemicAs per available information, the price of Oxford-AstraZeneca vaccine across the world is in the range of about USD 4 to USD 5.25. (Photo source: Reuters)

The Oxford-AstraZeneca COVID-19 vaccine Covishield, manufactured by the Serum Institute of India, is being procured by the government at a lower price of Rs 210 per dose, the Lok Sabha was told on Friday.

Minister of State for Health Ashwini Choubey was responding to a question on whether the government is aware that the Oxford-AstraZeneca vaccine is being sold to European Union nations at comparatively lower price that to India.

As per available information, the price of Oxford-AstraZeneca vaccine across the world is in the range of about USD 4 to USD 5.25. For COVAX AMC facility that pools the demand and supplies for 191 participating countries, including European Union nations, the price is USD 3 per dose to USD 3.15 per dose, which is largely on account of advance payment done to the vaccine manufacturer, much before their vaccine completed clinical trial and obtained licensure from the regulator, he said.

“The Covishield vaccine (Oxford-AstraZeneca vaccine) by the Serum Institute of India is being procured by Govt. of India at a lower price of INR 210 which is around USD 2.7 per dose,” Choubey said in a written reply.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1India to export vaccines to 40 more countries
2More than 1.37 crore COVID-19 vaccine doses administered: Health Ministry
3Kerala to test all returning expats using RT-PCR; 3,671 new COVID-19 cases, 14 deaths reported