Serum Institue of India (SII) has fixed the price of Covishield vaccine at ₹600 per dose for private hospitals and ₹400 per jab for state governments, the company said in a release on Wednesday.
Serum Institue said the company will serve 50% of the total production to the Government of India’s vaccination program, and the remaining 50% of the capacity will be for the State governments and private hospitals.
SII, the world’s biggest vaccine maker, welcomed govt’s new liberalised vaccination policy, adding that the announcement will accelerate India’s vaccination drive.
“The promising directives will help to scale up vaccine production, and allow state governments, private hospitals, and vaccination centers to procure vaccines directly,” it said.
The company urged the corporate entities and private individuals to access the vaccines through the state facilitated machinery and private health systems.
SII assured that the vaccine will be made available in the open market in around four to five months time.
Everyone above 18 years of age will be eligible to get vaccinated against COVID-19 from May 1, the central government said on Monday as it liberalised the vaccination drive to allow states, private hospitals and industrial establishments to procure the doses directly from manufacturers.