Bharat Biotech cuts Covaxin’s value for states from Rs 600 to Rs 400, Well being Information, ET HealthWorld

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Bharat Biotech cuts Covaxin's price for states from Rs 600 to Rs 400A day after Serum Institute slashed the price of Covishield vaccine for states, Bharat Biotech on Thursday additionally introduced it should reduce the price of Covaxin by Rs 200.

“Recognising the big challenges to the public health care system, we’ve got made Covaxin accessible to state governments at a value of Rs 400 per dose,” the corporate stated in an announcement.

The Hyderabad-based firm for the final one yr has been tirelessly working round the clock whereas overcoming many challenges given the uncertainty of the pandemic.

The value reduce comes after Serum Institute’s CEO Aadar Poonawalla stated that Covishield will likely be bought to states at Rs 300 as a substitute of Rs 400. He described the choice as a “philanthropic gesture”.

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