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Serum - Protection from birth onwards

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Wednesday, April 21, 2021 - Press Release

Serum Institute of India

Media Statement

Serum Institute of India (SII), welcomes the recent announcement made by Government of India’s Ministry of Health and Finance Ministry to accelerate India’s vaccination drive. The promising directives will help to scaleup vaccine production, and allow state governments, private hospitals, and vaccination centers to procure vaccines directly.

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.

Following the Government of India directives, we are hereby announcing the prices of the vaccine:

SII’s COVISHIELD Price per dose
State Governments INR 400
Private Hospitals INR 600

Considering the global vaccine prices, we are ensuring that our vaccines are affordable in comparison to any other vaccines in the world.

Global Vaccines in the private market Price per dose
American Vaccines > INR 1500
Russian Vaccines > INR 750
Chinese Vaccines > INR 750

Furthermore, owing to the complexity, and urgency of the situation it is challenging to supply it independently to each corporate entity. We would urge all corporate and private individuals to access the vaccines through the state facilitated machinery and private health systems. Post 4-5 months, the vaccines will be made available in retail and free trade.

We at Serum, would like to assure you that we will continue to do our best to help everyone and would request you all to be patient with us.

ADAR C POONAWALLA
CEO
SERUM INSTITUTE OF INDIA