New Delhi: As the well being ministry has finalised preparations with Hyderabad-based vaccine producer Biological-E to ebook 30 crore COVID-19 vaccine doses, stories recommend it could be the cheapest out there available on the market.
The vaccine is prone to be priced at Rs 400 for 2 doses and the ultimate value of the vaccine is but to be determined, in response to a report by Times of India.
The SII’s COVID-19 vaccine is at present priced at Rs 300 per dose for state governments and Rs 600 a dose for personal hospitals. Bharat Biotech’s Covaxin prices Rs 400 and Rs 1,200 and the Russian vaccine Sputnik V is priced at Rs 995 per dose.
The vaccine has been modelled after the hepatitis B vaccine and makes use of conventional know-how, Dr Maria Elena Bottazi, affiliate dean, National School of Tropical Medicine (NSTM) informed Times of India.
As per a well being ministry assertion, an advance fee of Rs 1,500 crore will be made to Biological-E from the Centre.
This is the second made-in-India vaccine after Bharat Biotech`s COVAXIN. Biological-E`s COVID-19 vaccine, an RBD protein sub-unit vaccine, is at present present process Phase-3 scientific trials.
The proposal of M/s Biological-E was examined and really useful for approval after due diligence by the National Expert Group on Vaccine Administration for COVID-19 (NEGVAC), the ministry mentioned.
As per the union well being ministry, as many as 22,10,43,693 doses of COVID-19 vaccines have been administered within the nation to this point.
