Biological E. Brings Down Price of Covid-19 vaccine Corbevax to Rs 250 per dose

Pharmaceuticals firm Biological E. Ltd (BE) on Monday said it has reduced the price of its COVID-19 vaccine Corbevax to Rs 250 from Rs 840 a dose, inclusive of GST, for private vaccination centres.

It would result in end users paying a price of Rs 400 a dose, including taxes and administration charges, the company said in a statement.

Previously, in private vaccination centres the overall cost to end users of the vaccine was Rs 990 a dose, including taxes and administration charges, it added.

When the country’s COVID-19 vaccination campaign for children aged 12 to 14 years began in March, Corbevax vaccine was utilised, and its price was set at Rs 145 for the government vaccination programme.

“BE has lowered the price of its vaccine with the aim of making it more affordable and help increase the reach to protect the maximum number of children against the virus,” the company said.

The Emergency Use Authorisation (EUA) for Biological E’s Corbevax for children aged 5 to 12 years and Bharat Biotech’s Covaxin for children aged 6 to 12 years was issued by India’s medicines authority in April this year.

Corbevax was developed in collaboration with Texas Children’s Hospital and Baylor College of Medicine. The company said it conducted Phase II and III multi-centre clinical trials in 624 children aged 5 to 12 and 12 to 18 years old before receiving EUA for vaccination.