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Why made in India Covaxin is priced higher than Covishield and Sputnik V

By Lokmat English Desk | Updated: June 14, 2021 20:01 IST

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Prime Minister Narendra Modi has announced that the central government will provide free vaccines to all from June 21. However, 25% of vaccines will be available to private hospitals directly from vaccinators. For this, the Center has also fixed the price of vaccines.
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According to experts, the cost of vaccines is high as the technology for making covacin is expensive. (For all its “made in India” pitch, Covaxin is the most expensive Covid-19 vaccine in India)
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A completely inactivated virus is used to make the covaxin vaccine.
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Hundreds of liters of expensive serum have to be imported to make a vaccine using a completely inactivated coronavirus
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The virus is grown in these serums with careful care in highly safe biosecurity laboratories. The virus is then inactivated.
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Covacin vaccine, a joint venture between India Biotech and ICMR, is expensive as the whole process is expensive compared to other vaccines.
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Unlike covacin, these vaccines do not require expensive technology.
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Since both of these vaccines are manufactured using mRNA technology, they do not require a large system. This technology does not use the actual corona virus.
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Vaccine pricing includes factors such as raw material, packaging, vaccine preparation process, its maintenance, licensing, medical tests, cost of production, etc.
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According to experts, Indian vaccine manufacturers earn between Rs 3 and Rs 4 per dose.
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Indian-made covacin is the most expensive vaccine. The covacin vaccine is twice as expensive as the covshield
Tags: Covaxin
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