New Delhi | Jagran News Desk: Serum Institue of India (SII) says state-owned government hospital to get Covishield at Rs 400 a dose while in private for Rs 600. The price for the Centre will remain at Rs 150.

The Pune-based pharmaceutical company released its price after the Centre announced all above 18 years of age are eligible for inoculation from May 1, 2021. The government has further allowed all the private, state hospitals and industrial establishments to procure the COVID-19 vaccine directly from the manufactures.

"For the next two months, we will address the limited capacity by scaling up the vaccine production. Going ahead, 50% of our capacities will be served to the Government of India's vaccination program, and the remaining 50% of the capacity will be for the state governments and private hospitals," SII statement read.

The statement further added that owing to the urgency of the situation, it is challenging for the company to supply the vaccine independently to each corporate. So they have requested all the private and corporate individuals to procure the vaccine through state and private health system. Not just this, after 4-5 months, Serum will make the vaccines available in retail and free trade.

Comparing its price, SII said that they are providing the vaccines at a cheaper or affordable rate than other vaccines in the world. Citing the example, it said Chinese vaccines cost around Rs 750 per dose in the private market, while American vaccine costs Rs 1,500. Russian vaccine is more than Rs 750 per dose.

Meanwhile, PM Narendra Modi in a virtual interaction with Indian manufacturers of coronavirus vaccine urged to scale up their production so that the country is able to get vaccinated as early as possible. He further added that the private sector will essay an active role in the vaccination drive, this will need better coordination between hospitals and industry.

Posted By: Niharika Sanjeeiv