Biological E pledges 5-year price commitment on vaccine supplies

Hyderabad-based vaccine major Biological E Limited has pledged its offering of a five-year price commitment to GAVI graduated countries

Hyderabad-based vaccine major Biological E Limited (BE) has pledged its offering of a five-year price commitment to GAVI (Global Alliance for Vaccines and Immunisation) graduated countries.

“...To further our support to GAVI's mission, I am pleased to announce Biological E's offer of a 5-year price commitment to GAVI graduated countries. This commitment aims to ensure that graduated countries will have access to affordable prices that are comparable to GAVI-eligible ones,” Mahima Datla, managing director of BE said while addressing a conference in Berlin recently, according to a press release.

Biological E had earlier reduced the price of their Pentavalent vaccine by 30 per cent following a joint decision taken by the company along with Gates Foundation, GAVI and Unicef, the statement said.