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April 21, 2021

RTI – Price for Vaccine Sold is 400 for state govt but 150 for central govt

by facelesscompliance in Corporate Law

RTI – Price for Vaccine Sold is 400 for state govt but 150 for central govt

Serum Institute of India PVT. LTD. CYRUS POONAWALLA GROUP has recently made a Media Statement

Serum Institute of India (SII), welcomes the recent announcement made by Government of India’s Ministry of Health and Finance Ministry to 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.

For the next two months, we will address the limited capacity by scaling up the vaccine production. Going ahead 50% of our capacities will be served to the Government of India’s vaccination program, and the remaining 50% of the capacity will be for the State governments and private hospitals.

Following the Government of India directives, we are hereby announcing the prices of the vaccine:

COVISHEILDPrice per dose
State GovernmentsINR 400
Private HospitalsINR 600

Considering the global vaccine prices, we are ensuring that our vaccines are affordable in comparison to any other vaccines in the world.

Global Vaccines in the private marketPrice per dose
American VaccinesINR 1500
Russian VaccinesINR 750
Chinese VaccinesINR 750

Furthermore, owing to the complexity, and urgency of the situation it is challenging to supply it independently to each corporate entity. We would urge all corporate and private individuals to access the vaccines through the state facilitated machinery and private health systems. Post 4-5 months, the vaccines will be made available in retail and free trade.
We at Serum, would like to assure you that we will continue to do our best to help everyone and would request you all to be patient with us.

There was RTI filed which shows Serum Institute sold Covishield to PM CARES for Rs. 210 per dose. They then charged Govt of India Rs. 157.50 per dose. And now, for state govts, the price has been more than doubled to Rs. 400

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