COVID-19 vaccine price cap too low, companies 'feel betrayed', says Biocon chairperson Kiran Mazumdar Shaw
New Delhi: 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" Covid Vaccine Jab Capped At Rs 250 At Private Hospitals: Government - understand vaccine cos feel betrayed as price is too low to sustain. If WHO has agreed to $3 per dose why beat them down to $2? We r crushing instead of incentivising vaccine industry https://t.co/Ts54RbyFJb — Kiran Mazumdar-Shaw (@kiranshaw) February 28, 2021 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 1 March. The COVID-19 vaccine will be given free of cost at government hospitals, while people will need ...