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Companies 'feel betrayed' due to capping of COVID-19 vaccine price: Kiran Mazumdar Shaw

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

February 28, 2021 / 01:06 PM IST
Kiran Mazumdar-Shaw

Kiran Mazumdar-Shaw

 
 
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Biocon Chairperson Kiran Mazumdar Shaw on Sunday hit out at the government capping COVID-19 vaccine price at Rs 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 Rs 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 Rs 250 At Private Hospitals: Government - understand vaccine cos (sic) feel betrayed as price is too low to sustain."

Mazumdar-Shaw asked, "If WHO has agreed to USD 3 per dose, why beat them down to USD 2?"