Coronavirus vaccine to cost $3-4 to govt; $6-8 in private market: SII

Coronavirus vaccine developed by AstraZeneca and the University of Oxford will cost USD 3-4 per shot (Rs 219-292) to the government and will be priced at double that rate in private market ones such sales open up, said the CEO of its Indian manufacturer on Monday. Serum Institute of India, the world’s largest vaccine manufacturer, has a licence to produce the shot and has already manufactured close to 50 million doses. Its CEO Adar Poonawalla told that the company will start selling the Covishield to the Indian government and GAVI…