AGP Limited, a Karachi-based pharmaceutical firm, has imported the Russian COVID-19 vaccine at a cost of $22.5 per dose, media reports have claimed.
AGP Limited, the sole distributor of Sputnik V in Pakistan, will supply the vaccine doses to all leading private hospitals and laboratories once the Drug Regulatory Authority (DRAP) notifies its official price.
On Wednesday, AGP Limited received the first batch of Sputnik V consisting of 50,000 doses at the Jinnah International Airport in Karachi.
The federal government has also repealed its decision under which it had allowed the private sector to set the prices of Coronavirus vaccines after importing them.
This development came just hours before the first consignment of privately-imported Russian Coronavirus vaccine, Sputnik V, was due to arrive in Pakistan.
On 10 February, the federal government had allowed the private sector to set the price of the Coronavirus vaccines without any interference from the regulatory authorities.
The public had widely criticized the decision, arguing that allowing the private sector to import and fix the prices of COVID-19 vaccines would create inequality.