Bharat Biotech International agrees to 40% price cut for malaria vaccine
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- Developments
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- Repetition
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New informationRepeats or wire copies
What happened
Bharat Biotech International Limited announced an agreement with Gavi, the Vaccine Alliance, and UNICEF to supply the malaria vaccine RTS, S/AS01 at an equitable price. The vaccine, developed by GSK and manufactured by Bharat Biotech International as Mosqivac, will see its price cut by approximately 40%. The new price is set at EUR 5.50 per dose, expected to take effect by early 2027, and is projected to save child immunization programs around US$50 million between 2027 and 2029.
From newyorktelegraph.com
Why it matters
The agreement reflects sustained efforts to shape a more sustainable and competitive malaria vaccine market. The lower price is supported by $200 million invested by GSK and Bharat Biotech International in new manufacturing facilities and technology transfer to strengthen supply. This reduced cost is expected to help reach up to one million more children with the full four-dose course.
From newyorktelegraph.com
Who's involved
- Bharat Biotech InternationalManufactures and supplies the vaccine under the brand name Mosqivac.
- GAVIProvides financial backing for the agreement and vaccine procurement.
- GSKDeveloped the malaria vaccine RTS, S/AS01.
- UNICEFExecutes the agreement and manages vaccine procurement.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- GSKSpeculative
GSK might see changes in the commercial viability and market pricing structure of the vaccine.
- UNICEFSpeculative
UNICEF could reduce procurement costs for global immunization programs.
- NigeriaSpeculative
Nigeria may improve the affordability and reach of national immunization programs due to lower vaccine costs.
How it developed
Newest first. Tap a step to see who reported it.BBIL supplies vaccines to Gavi at an equitable price.1 source
BBIL is manufacturing a GSK vaccine and announced equitable pricing with Gavi.1 source
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The entities involved
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Bharat Biotech International
an Indian Biotechnology company, headquartered in Hyderabad, India.
Nothing else this week.
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GAVI
Global Alliance for Vaccines and Immunization