Explorer

Biological E’s Corbevax At Rs 250/Dose May Be Cheapest Covid-19 Vaccine In India

As per a report, two doses of Corbevax may even be priced below Rs 400, which is quite less as compared to the other Covid vaccines.

New Delhi: As the demand for Covid-19 vaccines rise exponentially, Biological-E’s RBD protein sub-unit vaccine Corbevax could be the most affordable vaccine in India once it gets emergency use approval.

As per a report, two doses of Corbevax may even be priced below Rs 400, which is quite less as compared to the other Covid vaccines.

Covishield manufactured by the Serum Institute of India (SII) is priced at Rs 300 per dose for the state governments and Rs 600 per dose for the private hospitals while Bharat Biotech’s Covaxin is selling for Rs 400 and Rs 1,200 respectively.

On the other hand, Russia’s Sputnik V has been priced at Rs 995 per jab.

READ: Third Wave Scare | 24,000 Children Test Positive For Covid-19 In Andhra Pradesh In Two Weeks

Earlier this week, the Union Health Ministry had finalised arrangements with Hyderabad-based vaccine manufacturer Biological-E to reserve 30 crore of Covid-19 vaccine doses.

These vaccine doses will be manufactured and stockpiled by M/s Biological-E from August-December 2021. For this purpose, the Union Ministry of Health would be making an advance payment of Rs. 1500 crore to M/s Biological-E.

The Covid-19 vaccine of Biological-E is currently undergoing Phase-3 clinical trial after showing promising results in Phase 1 and 2 clinical trials. The vaccine being developed by Biological-E is a RBD protein sub-unit vaccine and is likely to be available in the next few months.

The proposal of M/s Biological-E was examined and recommended for approval after due diligence by National Expert Group on Vaccine Administration for COVID-19 (NEGVAC).

The arrangement with M/s Biological-E is part of the wider endeavour of Government of India to encourage indigenous vaccine manufacturers by providing them support in Research and Development (R&D) and also financial support.

“Biological-E COVID Vaccine candidate has been supported by Government of India from Preclinical stage to Phase-3 studies. Department of Biotechnology has not only provided financial assistance in terms of grant-in-aid of over Rs 100 cr but has also  partnered with Biological-E to conduct all animal challenge and assay studies through its Research Institute Translational Health Science Technology Institute (THSTI), Faridabad,” the Union Health Ministry said in a release earlier on June 3.

“This has been undertaken as part of Government of India's ‘Mission COVID Suraksha- the Indian COVID-19 Vaccine Development Mission’ which was launched to reinforce and accelerate COVID-19 vaccine development efforts as part of the third stimulus package, Atmanirbhar 3.0.,” the ministry added.

The Union Health Ministry further said the mission aims to bring to the citizens a safe, efficacious, affordable and accessible Covid-19 Vaccine.

“The mission is supporting development of 5-6 COVID-19 vaccine candidates. Some of these are now closer to licensure and introduction in public health systems. It has not just accelerated COVID-19 Vaccine development efforts, but also fostered a robust end-to-end vaccine development ecosystem in the country that will be available for other on-going and future research and developmental activities for other vaccines,” the ministry added.

Check out below Health Tools-
Calculate Your Body Mass Index ( BMI )

Calculate The Age Through Age Calculator

View More
Advertisement
Advertisement
Fri Feb 28, 6:37 pm
connaught place
19.2°
Precipitation: 0 mm    Humidity: 90%   Wind: ESE 10.7 km/h
See Today's Weather
Powered By:
Accu Weather
Advertisement

Top Headlines

'Gambling With World War 3, What You Are Doing Is Disrespectful': Trump Blasts Zelenskyy In White House Meet
'Gambling With World War 3, What You Are Doing Is Disrespectful': Trump Blasts Zelenskyy
India, EU Press The Pedal On Free Trade Agreement As Trump’s Tariffs Intensify
India, EU Press The Pedal On Free Trade Agreement As Trump’s Tariffs Intensify
'DK Shivakumar Might Be Congress's Eknath Shinde': Karnataka BJP's R Ashoka Says Leadership Change Inevitable
'Shivakumar Might Be Congress's Eknath Shinde': Karnataka BJP's R Ashoka Says Change Inevitable
Amid Tharoor Row, Congress Leadership Warns Against ‘Personal’ Views During Kerala Poll Strategy Meeting
Amid Tharoor Row, Congress Leadership Warns Against ‘Personal’ Views During Kerala Poll Strategy Meeting
Advertisement
ABP Premium

Videos

Breaking News: Massive Fire Breaks Out on 42nd Floor of High-Rise Building in Byculla, Mumbai | ABP NEWSBreaking News: Allahabad High Court Denies Painting Work on Sambhal Jama Masjid, Approves CleaningBreaking News: Atishi Demands Re-entry for Suspended AAP Party MLAs in Delhi AssemblyFact Check: Did Delhi Chief Minister Rekha Gupta Buy A ₹50 Lakh Car Just Days After Joining Office?

Photo Gallery

Embed widget