Coronavirus vaccine

Price Of Covaxin, Covishield Likely To Be Capped At Rs 275 Per Dose

By
OB Bureau

New Delhi: The price of Covishield and Covaxin may come down substantially after the government grants full market authorization to the companies.

According to a PTI report, the price of Covishield and Covaxin is likely to be capped at Rs 275 per dose, with an additional service charge of Rs 150, to make COVID-19 vaccines more affordable.

Serum Institute of India and Bharat Biotech are awaiting full market approval from Drugs Controller General of India (DCGI).

Currently, those getting jabbed from private hospitals and clinics have to pay Rs 780 for Covishield and Rs 1,200 for Covaxin per dose. The prices include a service charge of Rs 150.

The government has already directed National Pharmaceutical Pricing Authority (NPPA) to process the price capping.

“The NPPA has been asked to work towards capping the price of the vaccines. The price is likely to be capped at Rs 275 per dose along with an additional service charge of Rs 150,” a source told PTI.

Serum Institute applied to DCGI seeking regular market approval for Covishield on October 25, while Bharat Biotech submitted all relevant information while seeking full market authorization for Covaxin a few weeks ago.

A week ago, a Subject Expert Committee on COVID-19 recommended granting regular market approval to Covishield and Covaxin. The two vaccines were granted emergency use approval for the massive inoculation drive in India, which started on January 16, 2021.

OB Bureau

Recent Posts

Newborn Girl Found Abandoned Near Bush In Odisha’s Mayurbhanj

Baripada: A newborn girl was found lying near a bush at Bhanra village under Karanjia…

November 8, 2024

Shah Rukh Khan Bagged ‘Baazigar’ After Salman Khan Rejected It

Mumbai: Salman Khan and Shah Rukh Khan, the leading superstars of Bollywood, came from different…

November 8, 2024

Dhanush & Nithya Menen Starrer ‘Idli Kadai’ To Release On This Date

Mumbai: Actor-filmmaker Dhanush took to his X handle on Friday to announce the release date…

November 8, 2024

National Hockey: Another Big Win Takes Odisha Closer To Knockout Stage

Chennai: Odisha all but booked a berth in the knockout stage of the 14th Hockey…

November 8, 2024

Traffic Restrictions For Panchaka, Badaosa At Dhabaleswar Temple In Odisha’s Cuttack; Check Details

Cuttack: Several traffic restrictions have been imposed to ensure smooth movement of devotees to Dhabaleswar…

November 8, 2024

Late Sidhu Moose Wala’s Brother Is A Carbon Copy Of Him

Mumbai: Sidhu Moose Wala's parents Balkaur Singh and Charan Kaur shared a picture of their…

November 8, 2024

Unique Protest: No Dating, No Sex, No Babies With Men Who Voted For Donald Trump

New York: A group of American women has launched an unprecedented protest against men who…

November 8, 2024

4 More Handicrafts Granted Official Approval In Odisha; Total Number Now 55

Bhubaneswar: Four more handicrafts were granted approval by the Odisha government, taking the total number…

November 8, 2024