China’s experimental Covid-19 vaccine costs $60

Published
32
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/File
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/File

BEIJING: 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.

The eastern city of Jiaxing’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 Jiaxing 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 three 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.

Published in Dawn, October 18th, 2020

Opinion

Editorial

Urban flooding
Updated 02 Aug, 2026

Urban flooding

THE warning from the disaster management and weather authorities that a new monsoon spell could trigger urban...
Fatal workplaces
02 Aug, 2026

Fatal workplaces

THE methane explosion near Quetta that killed 34 coal miners is the latest entry in Pakistan’s long register of...
Dual standards
02 Aug, 2026

Dual standards

IT appears that the Pakhtunkhwa Milli Awami Party has fallen foul of the Election Commission of Pakistan. A...
Maritime alliance
Updated 01 Aug, 2026

Maritime alliance

AS the US-Iran war drags on, new battle lines are being drawn. The pro-US Gulf Arab monarchies and Iran have enjoyed...
Local governance
01 Aug, 2026

Local governance

INTERIOR Minister Mohsin Naqvi’s speech at a business summit on Thursday has stirred a hornet’s nest. His...
Murders in Balochistan
01 Aug, 2026

Murders in Balochistan

GOOD news is scarce in Balochistan. Seven labourers were abducted and gunned down in Turbat city recently. Four...