Business

Vaccine to cost Rs 1000/vial in pvt mkt: Adar

TIL Desk/Business/Mumbai/ Adar Poonawalla, CEO and Owner, Serum Institute of India on the momentous victory of being able to roll out the Covid-19 vaccine in record time.

“This is a historical moment that the vaccine is being dispatched from our factory. Our main challenge is to bring it to everyone in the country. It is our challenge for 2021, let’s see how it happens.

“We’ve given a special price of Rs 200 for the first 100 mn doses only to Government of India on their request, that we want to support the common man, the vulnerable, the poor and healthcare workers.

 After that we’ll be selling it at Rs 1000 in the private market. To the Govt of India, we’ll still maintain a very reasonable price but it will be a little bit more than Rs 200 which is our cost price. So we decided not to make any profit, we wanted to support the nation and the Govt of India for the first 100 million doses.

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