November 29, 2022
Govt panel finds SII's quoted price for inactivated polio vaccine too high, to request health minister to negotiate with firm | India News - Times of India

NEW DELHI: Emerging because the lowest bidder, Serum Institute of India’s (SII) quoted price for every dose of inactivated polio vaccine to be procured underneath the routine immunization programme is greater than double the final buy fee following which a authorities buy committee has determined to request the Union health minister to negotiate the price with the firm.
Pune-based SII has quoted Rs 188 per dose of the vaccine excluding taxes for supplying 180 lakh doses which interprets into a rise of 106.65 per cent within the price, official sources mentioned Tuesday.
According to them, conferences of the Integrated Purchase Committee (IPC) was held underneath the chairmanship of Director General of Health Services (DGHS) on May 28, 31 and June 1 for procurement of 180 lakh doses of IPV (Inactivated Polio Vaccine) for 2021-22 underneath Routine Immunization Programme.
The IPC discovered that the bottom price quoted by SII is significantly greater than the final buy price of Rs 91 per dose excluding taxes and really useful for negotiation with the firm.
The IPC assembly was reconvened on May 31 and the committee requested the consultant of SII for justification of price improve.
“The representative of the firm informed that they have participated in IPV tender for the first time and they have already quoted the best possible price of Rs 188.00+ taxes per dose and it is less than UNICEF price,” a supply privy to the event mentioned.
The IPC requested the firm to revisit its quoted price following which in a communique to the Union health ministry on May 31, Prakash Kumar Singh, director, Government and Regulatory Affairs at SII mentioned they won’t be able to scale back the quoted price and requested the ministry to place order on the earliest in order that they’ll plan the supply schedule.
The subsequent IPC assembly was held on June 1.
“IPC noted that the firm has not agreed to reduce its quoted price.
“Considering all of the info, the IPC famous that a rise of 106.65 per cent may be very excessive and contemplating the urgency of this vaccine, determined to request health minister for negotiating with the firm at the next degree,” the supply mentioned.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *