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COVID-19 | Sputnik V vaccine to be priced at Rs 1,195 per dose at Apollo Hospital facilities

"We will be charging Rs 995 for the vaccine and Rs 200 would be administration charges," an official of Apollo Group was reported as saying.

May 28, 2021 / 04:08 PM IST
Vials labelled 'Sputnik V coronavirus disease (COVID-19) vaccine' are seen in this illustration picture taken May 2, 2021 (Source: Reuters)

Vials labelled 'Sputnik V coronavirus disease (COVID-19) vaccine' are seen in this illustration picture taken May 2, 2021 (Source: Reuters)

Sputnik V, the third COVID-19 vaccine approved for emergency usage in India, will be priced at Rs 1,195 per dose at the medical facilities linked to the Apollo Hospitals Group.

"We will be charging Rs 995 for the vaccine and Rs 200 would be administration charges," news agency ANI quoted an an official of the Apollo Group as saying on May 28.

A day earlier, the hospital chain's executive vice-chairperson Shobana Kamineni said that Sputnik V "will be available through the Apollo system from the second week of June".

Apollo is the first private sector vaccinator to unveil a tentative date for the availability of Sputnik V vaccine. The Russian-developed anti-COVID-19 jab, which was granted emergency use clearance on April 12 by the Indian regulators, is yet to be completely rolled out in the country for mass inoculation.

Also Read | Apollo Hospitals to administer 20 million vaccine doses by September 2021


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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A joint statement issued by the Russian Direct Investment Fund (RDIF) and India's pharmaceutical firm Panacea Biotec, on May 24, claimed that the localised production of the vaccine has begun.

The first batch of doses produced at Panacea Biotec’s facilities at Himachal Pradesh's Baddi will be shipped to the Moscow-based Gamaleya Centre for "quality control", the statement said.

While the full-scale production in India is due to start, doses of Sputnik V are also being imported from Russia. "By May-end about three million doses will be supplied in bulk. Those will be filled in India," D Bala Venkatesh Verma, Indian Ambassador to Russia, said on May 22.

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Moneycontrol News
first published: May 28, 2021 04:08 pm
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