Why the prices of Covid-19 vaccines are different for Central | ECONOMY by VIVEK SINGH

Why the prices of Covid-19 vaccines are different for Central Govt, State Govt and Private players ??

It has been clarified by Mr. Adar Poonavala (CEO of Serum Institute) that they were selling to Central Govt. at less prices due to prior commitments/discussion and contracts till certain limited number of doses but now the price will be same for State and Central Govt. and for private sector the price will be higher. The drug supplier sell to Govt. under mass immunization programme for higher volume and may charge very less price while for private sector it can be higher.

He also clarified that "The initial prices were kept very low globally as it was based on advance funding given by the countries for at-risk vaccine manufacturing."

The prices can vary because of the following reasons: volume of procurement, time of procurement, payment cycle (in advance or after how many days), any initial funding/support etc.