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Sinovac coronavirus vaccine offered by Chinese city for emergency use costs $60

Sinovac coronavirus vaccine offered by Chinese city for emergency use costs $60

10/16/2020 11:30:00 AM

Sinovac coronavirus vaccine offered by Chinese city for emergency use costs $60

A Chinese city is offering Sinovac Biotech's experimental COVID-19 vaccine to essential workers and other high-risk groups as part of a national programme for about $60.

Reuters Staff2 Min ReadBEIJING (Reuters) - A Chinese city is offering Sinovac Biotech’s experimental COVID-19 vaccine to essential workers and other high-risk groups as part of a national programme for about $60.FILE PHOTO: People work in the packaging facility of Chinese vaccine maker Sinovac Biotech, developing an experimental coronavirus disease (COVID-19) vaccine, during a government-organized media tour in Beijing, China, September 24, 2020. REUTERS/Thomas Peter

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The eastern city of Jiaxin’s center for disease control and prevention (CDC) said in a statement on WeChat that two doses of the vaccine candidate, called CoronaVac, will cost 200 yuan ($29.75) per dose and that vaccinations for key groups including medical professionals have begun.

Chinese authorities have to date not released pricing details for potential COVID-19 vaccines. Hundreds of thousands of people have been given experimental vaccines in late-stage trials as part of an emergency inoculation programme launched in July.It was not clear if Jiaxin city’s pricing includes subsidies. The city’s CDC declined to comment.

Sinovac did not immediately respond to a request for comment. Its vaccine is in late stage trials in Brazil, Indonesia and Turkey, and the company has said that an interim analysis of Phase 3 trial data could come as early as November.Bio Farma, a state-owned firm in Indonesia which has reached a deal for at least 40 million doses from Sinovac, said this week the vaccine will cost around 200,000 rupiah ($13.60) per dose when it becomes available in the southeast Asian country.

China has said that while reasonable profits for companies are permitted, COVID-19 vaccines should be priced close to cost.China National Pharmaceutical Group (Sinopharm) said in August that a vaccine candidate developed by a unit may cost no more than 1,000 yuan ($148.80) for two shots. An official at China’s National Health Commission has said, however, the price will be lower.

($1=6.7220 Chinese yuan)($1=14,690.0000 rupiah)Reporting by Roxanne Liu and Tony Munroe in Beijing. Additional reporting by Kate Lamb; Editing by Sayantani Ghosh and Edwina Gibbs Read more: Reuters Top News »

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That's about Ksh6500 but Kenya's KEMSA can't wait to buy the same at Ksh15000 if an opportunity knocks its doors! Kenya is a rich country in the entire world men “Bio Farma, a state-owned firm in Indonesia which has reached a deal for at least 40 million doses from Sinovac, said this week the vaccine will cost around 200,000 rupiah ($13.60) per dose when it becomes available in the southeast Asian country.”

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