The imported foreign vaccine Sputnik V vaccine will cost Rs 948+ 5% GST per dose in India informed Dr. Reddy’s Laboratories Ltd. Today.
The first consignment of imported doses of the Sputnik V vaccine that landed in India on 1 May, 2021, after which the vaccine received a regulatory clearance from the Central Drugs Laboratory, Kasauli, on 13th May, 2021.
As part of a limited pilot, the soft launch of the vaccine has commenced and the first dose of the vaccine was administered in Hyderabad today.
“Further consignments of imported doses are expected over the upcoming months. Subsequently, supply of the Sputnik V vaccine will commence from Indian manufacturing partners. The imported doses of the vaccine are presently priced at an MRP of Rs 948 + 5% GST per dose, with the possibility of a lower price point when local supply begins. The Company is working closely with its six manufacturing partners in India to fulfill regulatory requirements to ensure smooth and timely supply” the press release reads.
Dr. Reddy’s Laboratories hinted that when local supply of vaccine begins there is a possibility of a lower price point.