Biological-E’s RBD protein sub-unit vaccine Corbevax could be the most affordable vaccine in India once it gets emergency use approval. as per a report, two doses of Corbevax may even be priced below Rs 400, which is quite less as compared to the other Covid vaccines.
Covishield manufactured by the Serum Institute of India (SII) is priced at Rs 300 per dose for the state governments and Rs 600 per dose for the private hospitals while Bharat Biotech’s Covaxin is selling for Rs 400 and Rs 1,200 respectively. on the other hand, Russia’s Sputnik V has been priced at Rs 995 per jab.
Earlier this week, the Union Health Ministry had finalised arrangements with Hyderabad-based vaccine manufacturer Biological-E to reserve 30 crore of Covid-19 vaccine doses.
These vaccine doses will be manufactured and stockpiled by M/s Biological-E from August-December 2021. For this purpose, the Union Ministry of Health would be making an advance payment of Rs. 1500 crore to M/s Biological-E.
The Covid-19 vaccine of Biological-E is currently undergoing Phase-3 clinical trial after showing promising results in Phase 1 and 2 clinical trials. The vaccine being developed by Biological-E is a RBD protein sub-unit vaccine and is likely to be available in the next few months.
The proposal of M/s Biological-E was examined and recommended for approval after due diligence by National Expert Group on Vaccine Administration for Covid-19 (NEGVAC).
The arrangement with M/s Biological-E is part of the wider endeavour of Government of India to encourage indigenous vaccine manufacturers by providing them support in Research and Development (R&D) and also financial support.
“Biological-E COVID Vaccine candidate has been supported by Government of India from Preclinical stage to Phase-3 studies. Department of Biotechnology has not only provided financial assistance in terms of grant-in-aid of over Rs 100 cr but has also partnered with Biological-E to conduct all animal challenge and assay studies through its Research Institute Translational Health Science Technology Institute (THSTI), Faridabad,” the Union Health Ministry said in a release earlier on June 3.
“This has been undertaken as part of Government of India’s ‘Mission Covid Suraksha- the Indian Covid19 Vaccine Development Mission’ which was launched to reinforce and accelerate Covid-19 vaccine development efforts as part of the third stimulus package, Atmanirbhar 3.0.,” the ministry added.
The Union Health Ministry further said the mission aims to bring to the citizens a safe, efficacious, affordable and accessible Covid-19 Vaccine.