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Coronavirus | Companies ‘feel betrayed’ due to capping of COVID-19 vaccine price, says Kiran Mazumdar Shaw

Kiran Mazumdar-Shaw   | Photo Credit: G.R.N. Somashekar

Biocon Chairperson Kiran Mazumdar Shaw on Sunday hit out at the government capping COVID-19 vaccine price at ₹250 at private hospitals, saying vaccine companies “feel betrayed” as it is too low to sustain.

Reacting to a report that the health ministry has fixed ₹250 per shot at private hospitals and health centres, she tweeted, “We r (sic) crushing instead of incentivising vaccine industry.”

She further said, “Covid Vaccine Jab Capped At ₹250 At Private Hospitals: Government - understand vaccine cos (sic) feel betrayed as price is too low to sustain.”

Ms. Mazumdar-Shaw asked, “If WHO has agreed to $3 per dose, why beat them down to $2?”

The government’s capping of the vaccine price at private hospitals comes at a time when India is preparing to vaccinate people aged above 60 years and those over 45 with co-morbidities from March 1.

The COVID-19 vaccine will be given free of cost at government hospitals, while people will need to pay for it at private facilities.

It is understood that the ₹250 ceiling per dose includes ₹150 per dose of vaccine plus ₹100 service charge.

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Printable version | Apr 18, 2021 10:06:41 PM | https://www.thehindu.com/news/national/companies-feel-betrayed-due-to-capping-of-covid-19-vaccine-price-says-kiran-mazumdar-shaw/article33954203.ece

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