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Serum Institute of India, the world’s largest vaccine producer by quantity, is shut to signing a provide contract with the nation’s Central authorities and certain to repair costs at 250 rupees ($3.39) per dose of the vaccine, Business Standard reported on Tuesday, citing folks conversant in the matter.
The authorities is pinning its hopes for mass provide on Serum Institute, which lodged the primary formal utility for emergency-use approval of AstraZeneca’s shot on Monday.
Chief Executive Officer Adar Poonawalla had earlier mentioned the vaccine could be priced at 1,000 rupees ($13.55) per dose in India’s personal market, however governments signing giant provide offers would possible purchase it at decrease costs.
Poonawalla had mentioned Serum will first deal with supplying the vaccine to Indians earlier than distributing it to different international locations.
With 9.70 million COVID-19 instances recorded to date, India is second solely to the United States and is accelerating its overview of vaccines developed by Pfizer Inc and AstraZeneca to authorize for emergency use, a senior official mentioned on Monday.
The state-run Indian Council of Medical Research, Serum Institute and the Indian Ministry of Health didn’t instantly reply to Reuters request for feedback.
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