SII, Bharat Biotech cut COVID vaccine prices to Rs 225 per shot for private hospitals
New Delhi, Apr 9: Vaccine majors Serum Institute of India (SII) and Bharat Biotech on Saturday said they have decided to cut prices of the precaution dose of their respective COVID-19 vaccines to Rs 225 per shot for private hospitals after discussion with the government.
"We are pleased to announce that after discussion with the central government, SII has decided to revise the price of COVISHIELD vaccine for private hospitals from Rs 600 to Rs 225 per dose," SII CEO Adar Poonawalla said in a tweet.
On Friday, the company had said that the precaution dose of its Covishield vaccine against COVID-19 will be priced at Rs 600 per shot for eligible individuals.
Bharat Biotech Co-Founder Joint Managing Director Suchitra Ella in a tweet said: "We welcome the decision to make available precautionary dose for all adults. In consultation with the Central Government, we have decided to revise the price of #COVAXIN from Rs 1,200 to Rs 225 per dose, for #privatehospitals."
SII and Bharat Biotech have been major suppliers of COVID-19 vaccines to the government so far.
In a statement, Bharat Biotech requested the private hospitals to provide Covaxin at the revised ratwe effective April 10, 2022.
The price differential with any existing stocks of Covaxin in private hospitals shall be compensated in the form of additional doses, it said.
The Hyderabad-based vaccine major stated that fresh stocks of the vaccine were available and ready for supplies.
"Bharat Biotech has more than 50 million doses of Covaxin readily available in vials, and over 200 million doses as drug substance. Additional production capacity is also available to meet product demand," it stated.
The Union Health Ministry on Friday announced that those above the age of 18 years who have completed nine months after the administration of the second dose will be eligible for the precaution dose.
According to the health ministry, so far, about 96 per cent of all those above the age of 15 years in India have received at least one vaccine dose, while about 83 per cent have received both doses.
More than 2.4 crore precaution doses have also been administered to healthcare workers, frontline workers and those aged above 60 years. Besides, 45 per cent of beneficiaries in the 12-14 years age group have received the first dose, the ministry said.
The ongoing free COVID-19 inoculation programme through government vaccination centres for the first and the second dose to the eligible population as well as the precaution dose to healthcare workers, frontline workers and those above 60 years will be accelerated, the ministry stated.
We are pleased to announce that after discussion with the Central Government, SII has decided to revise the price of COVISHIELD vaccine for private hospitals from Rs.600 to Rs 225 per dose. We once again commend this decision from the Centre to open precautionary dose to all 18+.
— Adar Poonawalla (@adarpoonawalla) April 9, 2022
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Health minister Wes Streeting's resignation piles pressure on UK PM Starmer
London (PTI): UK Health Secretary Wes Streeting resigned from the Cabinet on Thursday, declaring that he had lost confidence in the leadership of Prime Minister Keir Starmer.
As a frontrunner to replace Starmer at 10 Downing Street, Streeting is expected to launch his bid to be elected Labour leader if he can secure the backing of the party's requisite 81 members of Parliament.
It piles further pressure on Starmer, who has been attempting to quell an internal rebellion over the devastating results for the governing party in last week’s local elections.
“It is now clear that you will not lead the Labour Party into the next general election and that Labour MPs and Labour unions want the debate about what comes next to be a battle of ideas, not of personalities or petty factionalism," Streeting said in his resignation letter addressed to Starmer.
“It needs to be broad, and it needs to be the best possible field of candidates. I support that approach and I hope you will facilitate it,” he said.
The former minister accused his boss of lacking any vision and overseeing a power “vacuum” and also went on to highlight his own record of leading the Department for Health and Social Care and state-funded National Health Service (NHS).
Streeting added: “The National Health Service is the embodiment of all that is best about Britain and our values. Thanks to our Labour government, it is on the road to recovery: lots done, but so much more to do.
“These are all good reasons for me to remain in post, but as you know from our conversation earlier this week, having lost confidence in your leadership, I have concluded that it would be dishonourable and unprincipled to do so.”
His words are being interpreted as paving the way for a Labour leadership contest, with former deputy prime minister Angela Rayner, Mayor of Greater Manchester Andy Burnham and Energy Secretary Ed Miliband among his other expected rivals.
While some indications are that this process may not be triggered any time soon, Starmer's future as Labour leader is looking extremely tenuous if the party’s National Executive Committee (NEC) gets involved in a formal election process.
Meanwhile, Rayner issued a statement earlier to confirm that she had been cleared by the UK tax authorities of any wrongdoing over her financial affairs that had forced her to step down from the Cabinet last year.
"I took reasonable care and acted in good faith, based on the expert advice I received, and HMRC [His Majesty’s Revenue and Customs] has accepted this," she said.
This is seen as her declaring her intention to be ready to join the fray, should a Labour leadership election be launched.
The latest turmoil at the top of the British government comes after a series of junior ministerial resignations, with Starmer staying the course by announcing their replacements. Earlier his ally, Chancellor Rachel Reeves, cautioned her colleagues to refrain from plunging the country into chaos and putting the UK’s economic recovery at risk.
“We shouldn’t put that at risk by plunging the country into chaos at a time when there is conflict in the world, but also at a time when our plan to grow the economy is starting to bear fruit," she said.
However, the deep divisions within the Labour Party ranks are only expected to escalate further in the coming days and weeks.
