Russia expects India to produce 50 million doses of Sputnik V vaccine a month

Russia expects India to produce 50 million doses of Sputnik V vaccine a month

April 13, 2021   09:31 pm

The Russian Direct Investment Fund (RDIF) on Tuesday said it expects over 50 million doses of Sputnik V vaccine to be manufactured in India by this summer.

The Drug Controller General of India (DCGI) on Monday registered the vaccine under the emergency use authorization procedure, based on results of clinical trials in Russia, as well as positive data of additional Phase III local clinical trials in India conducted in partnership with Dr Reddy’s Laboratories.

RDIF CEO Kirill Dmitriev, in a virtual press conference, said besides five drug companies that the Russian firm had ties ups with, they are looking at a couple of more firms for the possible production pacts.

“We almost think Sputnik V is an Indian-Russian vaccine, because lots of production of sputnik V will be done in India. We publicly announced five production partnerships in India with some of the largest Indian pharmaceutical companies,” Dmitriev said.

According to an earlier release, RDIF has agreements with India’s Gland Pharma, Hetero Biopharma, Panacea Biotec, Stelis Biopharma and Virchow Biotech aimed at production of more than 850 million doses per year.

“We believe more than 50 million doses a month (to be manufactured) in the summer (in a couple of months). This is our plan. By summer we expect to manufacture 50 million doses or more of Sputnik V a month in India. This is based on the very strong vaccine manufacturing capability that India was able to build,” he said.

Replying to a query, he said some of the Indian firms have already started production of the vaccine under strict quality checks.

In September 2020, Dr. Reddy’s and RDIF entered into a partnership to conduct clinical trials of the Sputnik V, developed by the Gamaleya National Research Institute of Epidemiology and Microbiology and the rights for distribution of the first 100 million doses in India.

Later it was enhanced to/ 125 million. “We do not intend to buy equity stakes in those production companies, but we do obviously finance some of the working capital so that they can ramp up production very quickly, Dmitriev said, to a query on investments in the Indian firms to ramp up the vaccine production.

He said Sputnik V is one of the only three vaccines in the world with an efficacy of more than 90 per cent, which was confirmed not just in clinical trials, but also based on real world use in Russia, Argentina, Mexico and other countries. Sputnik V will be the third vaccine to be used in India against coronavirus.

In January, DCGI had given the emergency use authorisation for two COVID-19 vaccines -- Covaxin of Bharat Biotech and Covishield of Oxford-AstraZeneca manufactured by Serum Institute of India in Pune.

Source: PTI
-Agencies

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

Ada Derana Prime Time News Bulletin 6.55 pm - 2024.04.26

Ada Derana Prime Time News Bulletin 6.55 pm - 2024.04.26

Youth Corps members summoned for May Day rally? Heated debate in parliament

' Nihonbashi ' Japanese restaurant at Port City declared open by President Ranil

SLPP MP says ready to support Ranil if he contests presidential election

Ada Derana Lunch Time News Bulletin 12.00 pm - 2024.04.26

Sri Lanka’s biggest super-luxury hotel 'ITC Ratnadipa' Colombo declared open

Super-luxury hotel 'ITC Ratnadipa Colombo' declared open (English)

Duminda Dissanayake appointed SLFP's Acting General Secretary (English)