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HomeNewscoronavirusCOVID-19 vaccine | SII secures purchase order for Covishield from Indian government

COVID-19 vaccine | SII secures purchase order for Covishield from Indian government

Oxford-AstraZeneca's COVID-19 vaccine Covishield, which is being manufactured by SII in India, will be available for Rs 220 per vial (inclusive of 14% GST) in the country.

January 11, 2021 / 18:28 IST

The Serum Institute of India (SII) has signed a purchase order with the Government of India to procure 11 million doses of coronavirus vaccines.

Serum Institute of India officials said on January 11: "The SII has received purchase order from Government of India."

As per the purchase order, each dose of the coronavirus vaccine will cost Rs 220 inclusive of 14 percent GST. SII is manufacturing Oxford-AstraZeneca's COVID-19 vaccine Covishield in India.

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The dispatch of the COVID-19 vaccines being manufactured by SII in India will begin on January 11 evening, News 18 reported. The Mumbai airport will be handling over half of the Covishield vaccines coming from SII's Pune facility. Mumbai International Airport Ltd (MIAL)'s Chief Executive Officer Rajeev Jain has told Moneycontrol: "The Mumbai airport will be catering to Serum Institute of India (SII). While the Pune airport will handle about 40-45 percent of the volumes, MIAL will distribute the rest."

Apart from inking the deal with the Pune-based pharmaceutical firm, the Centre has reportedly signed a purchase order with Indian firm Bharat Biotech for its coronavirus vaccine Covaxin also.
On January 3, India’s drug regulator had approved both vaccines for emergency use. On January 16, India’s nationwide vaccination drive will begin. Priority will be given to doctors, healthcare workers, and frontline workers including "safai karamcharis".
The cost of vaccinating three-crore healthcare and frontline workers will be borne by the Centre, Prime Minister Narendra Modi told all chief ministers on January 11. The PM CARES fund will be used to bear the cost of procuring both vaccines.
The PM has assured "CoWIN will ensure that people get the second dosage of the vaccine on time. The app will generate a certificate after the first dosage of vaccine and final certificate will be issued after the second dosage. The world will follow what India will do".

COVID-19 Vaccine

Frequently Asked Questions

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How does a vaccine work?

A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine.

How many types of vaccines are there?

There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine.

What does it take to develop a vaccine of this kind?

Vaccine development is a long, complex process. Unlike drugs that are given to people with a diseased, vaccines are given to healthy people and also vulnerable sections such as children, pregnant women and the elderly. So rigorous tests are compulsory. History says that the fastest time it took to develop a vaccine is five years, but it usually takes double or sometimes triple that time.

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Moneycontrol News
first published: Jan 11, 2021 04:58 pm

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