Business India's Serum Institute to make millions of potential coronavirus vaccine doses Updated : May 12, 2020 10:12 AM IST Serum's board last week also agreed to invest roughly 6 billion rupees on making a new manufacturing unit to solely produce coronavirus vaccines, Poonawalla said. Serum envisages a price of 1,000 rupees per vaccine but governments would give it to people without charge, he said. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.