Covishield, Covaxin may cost ₹275 per dose after regular market nod

According to Ministry of Health and Family Welfare sources, the capping of prices of the two vaccines was discussed at a recent meeting. An official, who was present at the meeting but did not wish to be identified, told ET, “The government is buying the vaccines in bulk at around ₹205. So we thought a 33% profit margin over ₹205 was a fair price for manufacturers. This is why we are planning to cap it at ₹275 per doSE.