Hyderabad, June 22 -- 2.9 crore cases and 3.85 lakh deaths since the pandemic began in March 2020 and India's vaccine makers have turned out to be classic profiteers instead of the humanitarians that they claim to be, according to a report by The Intercept.

Like journalist V Sridhar said in a Frontline's report: "The Indian vaccine 'market' is held in a vise-like grip of a vaccine duopoly."

Almost all the vaccines supplied in India come from only two big companies, Serum Institute of India, led by Adar Pooonawalla and Bharat Biotech, run by Krishna Ella. Despite both companies repeatedly advertising that their vaccines will be the cheapest in the world, they are also the world's most profitable, The Intercept said in a report.

Accordin...