Bharat Biotech has reduced the price of its Covaxin for state governments from ₹ 600 to ₹ 400 per dose, the vaccine-maker said in a statement today. The cost of the COVID-19 vaccine for private hospitals is changed at ₹ 1,200 per dose. Today's announcement by one of the two companies whose vaccines are allowed in India came a day after the other company, Adar Poonawalla's Serum Institute of India, cut the price of its Covishield from ₹ 400 to ₹ 300 in what Mr Poonawalla called a "philanthropic gesture".