India may have wasted a little over 100 million doses of Covid-19 vaccines by the end of September, as the doses were past their shelf lives. Assuming a price of ₹ 225 per dose (for Covishield and Covaxin), the value of the wasted stock is around ₹2,250 crore.
Meanwhile, sources in the vaccine manufacturing industry indicate that they have no plans to seek further extensions in shelf lives of these Covid-19 vaccines. "These were formulated in a way that they have nine-12 months' shelf lives. So, initially, firms were submitting stability data from batches over a period of time to extend shelf life. But, now there is no such plan," said a senior executive of a vaccine firm who did not want to be named.
Typically, non-Covid-19 vaccines have three-year shelf lives. The executive quoted above added that new-generation Covid-19 vaccines were likely to come up intranasal, or those based on Omicron strain et al- that would be more in demand in future.
This story is from the October 06, 2022 edition of Business Standard.
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This story is from the October 06, 2022 edition of Business Standard.
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