Tomm go long Dr Reddys, Cadila & Panacea Biotech.

We now have a free pricing mechanism and these companies are going to absolutely kill it on a profitability front.

Also the vaccine prices just went up 3x to pvt players..add their profits and that’s 3-4x price increase. https://twitter.com/ShereenBhan/status/1384767018436464642

Also congrats Poonawala family on making the top 10 richest Indians during the pandemic post this policy change.

Also remember Poonawala wanted a flat Rs250 when negotiations initially started and now he gets 450 & 600 for 85% of the population.

Show me 1 country in the top 20 economies in the world where states/regions have been told to procure their own vaccines and that too at higher prices than the central procurement prices?

Does any such policy exist in any other country in the world?

Here is my 2 cents..since v few understood.

Center buys at 150 with taxpayer money
State buys at 400 with same taxpayer money.

Whose profiting from the epidemic. A private organisation..
who looses..govt finances and taxpayers.

No politician looses his own wealth in this.

Chalo i'll blow your minds even more..Poonawala said they were making a small profit at Rs150..
Europe procures at $2.15-3.per jab.

At Rs250 extra profit and 70M doses a month (going up to 100m doses) Poonawala stands to make Rs 1,700cr per month aka 20,000cr a year.

Aache Din.

And those still defending it..
SII has capacity to produce another vaccine but needed ₹ to expand Covisheild line.
And GOI gave him a 3,000cr line of credit without negotiating additional subsidised vaccines at Rs150.
Instead buying 1.5-2X EU prices

Mumkin Hai..