COVID-19: Serum Institute CEO Adar Poonawalla reveals cost of Covishield vaccine in private markets

In a major announcement, Serum Institute of India (SII) CEO Adar Poonawalla on Tuesday (January 12) said that ‘Covishield’ will be made available in private markets at Rs 1,000 after getting requisite permission from the Indian government. Poonawalla made the statement at a time when SII has started delivering batches of its COVID-19 vaccine across India. 

“Once the SII get the requisite permission, the vaccine will be made available in the private market at the cost Rs 1,000,” he was quoted as saying by ANI. The SII CEO said that his company has offered the coronavirus vaccine to the Centre at a special price of Rs 200. “This is one of the most affordable vaccines in the world and we are offering it to the GoI at a special price just to support the Prime Minister’s vision and to support the ‘aam aadmi’ of our country,” he reasoned.

“The Government of India will buy the vaccine at the rate of Rs 200 per dose for 10 crore doses, and thereafter, the cost of the…

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