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Adar Poonawalla Announce Cost Reduction For COVID-19 Vaccine To Rs. 300 Per Vaccine

 Adar Poonawalla Announce Cost Reduction For COVID-19 Vaccine To Rs. 300 Per Vaccine

Adar Poonawalla Announce Cost Reduction For COVID-19 Vaccine To Rs. 300 Per Vaccine

India is currently handling the Coronavirus-led crises. Several hospitals across the state have reported running out of oxygen also as vaccines to treat the COVID-19 positive patients. To be a hand within the nation’s fight against the pandemic, the Serum Institute of India has reduced its cost for vaccines. Adar Poonawalla (CEO of Serum Institute) has officially announced the news today.

Stating it a philanthropic work with the intention to save lots of lives amidst the pandemic, Adar Poonawalla shared a cryptic post on his Twitter handle on Wednesday. It read, “As a philanthropic gesture on behalf of @SerumInstIndia, I hereby reduce the worth to the states from Rs.400 to Rs.300 per dose, effective immediately; this may save thousands of crores of state funds going forward. this may enable more vaccinations and save countless lives.”

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As provided within the Liberalised Pricing and Accelerated National COVID-19 Vaccination Strategy document, all priority groups, like healthcare workers, frontline workers and citizens above aged 45 years or more (as on 01.01.2022), shall still be eligible for vaccination freed from cost from government CVCs, or on payment from private CVCS.

Under the third phase of the vaccination drive commencing next month, the vaccine manufacturers would supply 50 per cent of their monthly Central Drugs Laboratory (CDL) released doses to the central government and would be liberal to supply the remaining 50 per cent doses to state governments and within the open market.

Manufacturers would need to make an advance declaration of the worth for 50 per cent supply that might be available to the state governments and within the open market before May Day , 2021, a politician statement said.

Based on this price, state governments, private hospitals, industrial establishments, etc would be ready to procure vaccine doses from the manufacturers.

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Private Hospitals would need to procure their supplies of COVID-19 vaccine exclusively from the 50 per cent supply earmarked for entities aside from those coming through the central government channel.

The private vaccination providers would wish to transparently declare their self-set vaccination price and therefore the eligibility through this channel would be opened to all or any adults, that's everyone above the age of 18, the statement added.

Vaccination will continue as before within the government of India vaccination centres freed from cost to the eligible population -- healthcare and frontline workers and every one people above 45 years aged 

Centre, from its share, will allocate vaccines to States/UTs supported the standards of extent of infection (number of active Covid cases) & performance (speed of administration). Wastage of vaccine also will be considered during this criteria and can affect the standards negatively. supported the above criteria, State-wise quota would be decided and communicated to the States adequately beforehand .

Second dose of all existing priority groups i.e. HCWs, FLWs and population above 45 years, wherever it's become due, would tend priority, that a selected and focused strategy would be communicated to all or any stakeholders.

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