Health

oi-PTI


on January 27, 2022

The price of Covishield and Covaxin, the COVID-19 vaccines which are expected to soon get regular market approval from India’s drug regulator, is likely to be capped at Rs 275 per dose plus an additional service charge of Rs 150, official sources said. According to them, the National Pharmaceutical Pricing Authority (NPPA) has been directed to start working towards capping the price to make the vaccines affordable.

As of now, Covaxin is priced at Rs 1,200 per dose while Covishield costs Rs 780 in private facilities. The prices include Rs 150 service charge. Both the vaccines are only authorised for emergency use in the coAn Subject Expert Committee on COVID-19 of the Central Drugs Standard Control Organisation on January 19 recommended granting regular market approval to COVID vaccines Covishield and Covaxin for use in the adult population subject to certain conditions.

“The NPPA has been asked to work towards capping the price of the vaccines. The price is likely to be capped at Rs 275 per dose along with an additional service charge of Rs 150,” an official source said.

Prakash Kumar Singh, the director (government and regulatory affairs) at Serum Institute of India, had submitted an application to the Drugs Controller General of India on October 25 seeking regular market approval for its Covishiled vaccine.

A couple of weeks ago, V Krishna Mohan, the whole-time director at Bharat Biotech, submitted complete information on the chemistry, manufacturing and controls, along with the pre-clinical and clinical data while seeking regular market authorisation for Covaxin.

Covaxin and Covishield were granted Emergency Use Authorisation (EUA) on January 3 last year.

COVID vaccine – Photo by DW News / Getty Images.

GET THE BEST BOLDSKY STORIES!

Allow Notifications

You have already subscribed

Source:

You May Also Like

10 Best Exercises for Sculpted, Muscular Thighs

Let me let you in on a little (not so secret) secret:…

10 Best Muscle-Building Machines at the Gym

When it comes to building muscle, gym machines can be an excellent…

How to Do a Perfect Plank for Core Strength & Stability

The plank is a simple yet highly effective bodyweight exercise that builds…

What Happens to Your Body When You Lift Weights Every Day

If you want to fast-track muscle growth and build a stronger body,…