World's largest vaccine manufacturer sets $3 ceiling price per dose of Covid-19 vaccine

The Indian company Serum Institute has announced that its Covid-19 vaccine once developed and approved will have a ceiling price of $3 per dose for India and low-and-middle-income countries. Serum is the world's largest manufacturer of vaccines by volume and has now received at-risk funding from the Bill & Melinda Gates Foundation through the Global Alliance for Vaccines and Immunisation. The money will be used to produce possible candidates for vaccines.