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

PTI | New Delhi | Updated: 28-02-2021 12:59 IST | Created: 28-02-2021 12:55 IST
Companies 'feel betrayed' due to capping of COVID-19 vaccine price: Shaw
File Photo Image Credit: Twitter(@kiranshaw)

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?'' The government's capping of the vaccine price at private hospitals comes at a time when India is preparing to vaccinate people aged above 60 years and those over 45 with co-morbidities from March 1.

The COVID-19 vaccine will be given free of cost at government hospitals, while people will need to pay for it at private facilities.

It is understood that the Rs 250 ceiling per dose includes Rs 150 per dose of vaccine plus Rs 100 service charge.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


TRENDING

OPINION / BLOG / INTERVIEW

Viral variants and vaccine nationalism pose two-pronged threat to Covid victory

... ...

Tracking Fintech during COVID-19: Harnessing power of technology

Its abundantly clear now that as fintech cements its place in the financial sector, accelerated further by the COVID-19 pandemic, it could open the sector to new possibilities by harnessing the power of technology to deliver financial ...

Tectonic turns: How technology shaped healthcare over the decades

Tracing an episodic evolution, with technology at the interface of human and his health....

World Water Day sees crises of inequality in countries both rich and poor

... ...

Videos

Latest News

Defense expert testifies George Floyd died from heart disease, exhaust fumes

A medical expert testifying in defense of former Minneapolis police officer Derek Chauvin told the jury on Wednesday he believed that George Floyds death during last Mays arrest was the result of heart disease making his heart beat erratica...

CIA chief says intelligence will diminish once U.S. troops leave Afghanistan

Washingtons ability to collect intelligence and act on threats will diminish when U.S. troops leave Afghanistan, CIA Director William Burns said on Wednesday ahead of an expected announcement of a pullout by President Joe Biden.Burns testim...

DBS Bank says its system not compromised, leaked messages don't have sensitive info

DBS Bank on Wednesday said there is no compromise of its system, and the messages leaked by hackers do not contain any personal or sensitive information.The bank issued a statement after hackers leaked a sample of transactional messages all...

Officer who shot Black man after traffic stop to face manslaughter charge-report

A police officer who fatally shot a Black man during a scuffle in a Minneapolis suburb that followed a routine traffic stop was expected to be charged with second-degree manslaughter on Wednesday, local media reported.Minnesota officials id...

Give Feedback