The government of India set the maximum price private hospitals can charge for the three COVID-19 vaccines currently available in the country.
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The maximum price of Covishield for private COVID-19 Vaccination Centres (CVCs) has been fixed at Rs 780 per dose, while that of Covaxin is Rs 1,410 per dose and Sputnik V Rs 1,145 per dose.
The Serum Institute of India sells its Covishield to private hospitals at Rs 600 per dose (excluding GST) while Bharat Biotech has set the cost of its Covaxin at Rs 1,200 a dose for private establishments. Both vaccines are supplied to the central government at a cost of Rs 150 a dose.
Covishield has been developed by the Oxford-AstraZeneca and is being manufactured by the Serum Institute of India (SII).
Covaxin is an inactivated viral vaccine. This vaccine is developed with Whole-Virion Inactivated Vero Cell-derived technology.
Sputnik V is an adenovirus viral vector vaccine for COVID-19 developed by the Gamaleya Research Institute of Epidemiology and Microbiology.