SII cuts vaccine price for states to Rs 300/dose, terms it a ‘philanthropic gesture’

Facing a public outcry over pricing of Covishield, Serum Institute of India on Wednesday announced a 25% or Rs 100 reduction in its price for state governments, describing it as a “philanthropic gesture”. The bad news is that at Rs 300 a shot, it will still be twice what the Centre is paying, For private hospitals, the price has been left unchanged at Rs 600 a shot.