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Covid-19 Vaccine Update: India Rules Out The Procurement Of Pfizer Vaccine

Covid-19 Vaccine Update: India Rules Out The Procurement Of Pfizer Vaccine

The whole world has set its eyes upon the Pfizer vaccine as it’s 95 percent effective than other covid-19 vaccines. India is one of those countries which planned to use Pfizer but the Centre has ruled out the procurement of vaccine. Here’s the full details.

India Rules Out The Procurement Of Pfizer Vaccine

pfizer vaccine

via: moneycontrol 

The Centre has given its final decision on the vaccine and said India may not procure it due to its high cost. The vaccine is highly expensive in comparison to Covishield and other options.

As per expert analysts, if India procure the vaccine that it would cost $1.9 billion for 680 million doses. This assumption is made on the basis of low cost of vaccine that is $3 which would be Rs 220.95/dose for the country. On the other hand, Covishield costs $3 which is an Oxford-Astrazeneca developed vaccine.

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However, the cost of vaccine is $37 per dose and if the country purchases it at the same rate then it would be impossible for India to procure million doses. In addition to this, the cold-storage requirements will be an added expense for the country.

Keeping these in mind, officials have said that the vaccine would not be a favorable deal for the use on public health infrastructure. However, the developer of Pfizer said it would sell the vaccine via government contracts.

As of now, Pfizer vaccine is out of the line and country would look for remaining cost-effective options for mass vaccination.

US Begin The Vaccination Today

pfizer vaccine

via: lrt

On Sunday, US got the first shipment of Pfizer vaccine and is about to start the vaccination. The first shots would be given to nursing home residents and the health care workers today.

Around 3 million doses were shipped in the first stage and many more will come as per the reports. US has reportedly more than 300,000 deaths due to covid-19 and more than 16 million cases have been appeared till now.

As per the latest records, India has 9,884,716 cases and around 143,393 deaths. However, the recovery rate of country is good in comparison to other countries.

 

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