SII launches India's first indigenous pneumonia vaccine at $3 per dose
- The Serum Institute of India (SII) has launched India’s first and only indigenous pneumonia vaccine at $3 per dose, which is around ₹220, for the government.
- For private purchase, the vaccine will cost about $10 — around ₹735 — which is still at least 50% cheaper than GSK and Pfizer’s pneumonia vaccines.
- All four doses required to immunise a child against pneumonia from SII would cost less than ₹3,200, which is cheaper than a single dose of the Pfizer vaccine at ₹3,600.
AdvertisementThe Serum Institute of India (SII) has launched India’s first homegrown pneumonia vaccine called Pneumosil.
CEO Adar Poonawalla Roughly stated that SII’s pneumococcal conjugate vaccine will cost the government around $3 dose, which is approximately ₹220.
"It is the first vaccine made in India to protect children against the pneumonia disease in India. It is also the most affordable vaccine for pneumonia, in the whole world," he said.
SII’s pneumonia vaccine versus GSK and Pfizer
Each child has to be given four doses — at 6 weeks, 10 weeks and 14 weeks followed by a booster dose at nine months — of the vaccine for full protection. The cumulative four doses of SII’s pneumonia vaccine at ₹ 1,200 would cost less than a single dose from its competitors.
|Company||Serotypes||Price per dose|
Even in the private market, the vaccine will cost around $10 per dose, around ₹735. That’s still at least 50% cheaper than GSK and the whole process would still cost less than a single dose of Pfizer’s pneumonia vaccine.
"We hope to achieve 70% to 80% coverage over the next two to three years," said Poonawalla. He explained that the company has multiple strategies planned for the private market and government avenues as well to help spread the vaccine across the country as far as possible.
The vaccine is critical for a country like India, which saw the highest number of children under five years of age die due to pneumonia in 2019 — second only to Nigeria. According to the United Nations, the total death toll is pegged at 127,000.
According to Union Health Minister Harsh Vardhan, the vaccine symbolises that India is well equipped to handle any health crisis, including the current COVID-19 pandemic. “This is symbolic that India can make any vaccine in an affordable way without compromising on safety and quality,” he said.
India’s first-ever privately designed and developed rocket is a step closer to becoming a reality in 2021
China's central bank wants Jack Ma's Ant Group to overhaul its business model
Cyclone Amphan was the most expensive cyclone of 2020 and the fourth most expensive natural disaster overall
Popular on BI
- A 'hole' 30 times Earth's size has spread across the sun, blasting solar winds that'll hit our planet by end of this week
- A former Twitter engineer said they watched colleagues 'drop like flies' from a virtual meeting during Elon Musk's mass layoffs
- I'm a software engineer who struggled with procrastination until I tried 'monk mode' — here's how it saves me up to 3 hours a day
- MSMEs on a growth path with rise in credit demand, fall in delinquency rates: CIBIL-SIDBI report
- Hindenburg report wipes out $526 million of Jack Dorsey's wealth
- First 82 days of 2023 see more layoffs than the entire 2022
- You will soon lose your legacy blue tick on Twitter – here’s everything you need to know
- Parineeta director Pradeep Sarkar passes away at 67