HomeNewsTrendsMC Exclusive | Bharat Biotech’s intranasal Covid vaccine to cost Rs 800 plus 5% GST

MC Exclusive | Bharat Biotech’s intranasal Covid vaccine to cost Rs 800 plus 5% GST

The vaccine is likely to be available in private hospitals around January 26 and may cost about Rs 1,000 to a recipient including an administrative charge.

January 16, 2023 / 08:33 IST
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A single dose of Bharat Biotech’s intranasal vaccine iNCOVACC, which has been approved for inclusion into India’s Covid-19 immunisation programme, will cost Rs 800 each plus 5 percent Goods and Services Tax (GST) per dose for private hospitals, top government sources told Moneycontrol.

Provided that private hospitals are permitted to charge up to Rs 150 as administrative fees for every dose of the Covid-19 vaccine, one dose of this vaccine developed on a technology licensed by the Washington University in St Louis may cost about Rs 1,000 for every recipient.

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The intranasal vaccine, which has been earlier approved both as a booster shot for those fully vaccinated with Covaxin or Covishield, as well as a primary vaccine for a full two-dose course against Covid-19, would be available at private vaccination centres by the end of January.

“Bharat Biotech had reached out to us for price fixation of its intranasal and it has been approved now; the vaccine is going to be available in less than a month in private hospitals,” a senior government official said.

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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