Serum Institute of India cuts Covid vaccine price for states to Rs 300 per dose

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Serum Institute of India cuts Covid vaccine price for states to Rs 300 per dose

https://www.newindianexpress.com/nation/2021/ap...

Serum Institute of India — the maker of the most used COVID-19 vaccine in the country — on Wednesday announced a cut in price of the jab it plans to sell to states to Rs 300 per dose from the earlier Rs 400.

This follows widespread criticism of its pricing policy as it had sold the initial doses of Covishield to the central government at Rs 150 per dose.

SII’s CEO Adar Poonawalla took to Twitter to announce the “philanthropic” gesture.

“As a philanthropic gesture on behalf of @ SerumInstIndia, I hereby reduce the price to the states from Rs 400 to Rs 300 per dose, effective immediately; this will save thousands of crores of state funds going forward. This will enable more vaccinations and save countless lives,” he said.

PTI

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Finance Mentor Finance Mentor
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Now states will sell it in black market

Deal Captain Deal Captain
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Great achievement, like landing on moon.

Analyst Analyst
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CJI Bobde gone and courts have all of a sudden become active.

Hope they recover the institutions lost glory and trust.

Both vaccine makers will be shown their place.

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