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
Story continues below Advertisement

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."

Story continues below Advertisement

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. For live updates on coronavirus, click here

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."

COVID-19 vaccine: Check legal options for recipients having severe side effects
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".
Follow our coverage of the coronavirus crisis here
Moneycontrol News
first published: Jan 11, 2021 04:58 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!