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Russian Direct Investment Fund, Hetero Pharma Agree To Produce Over 100 Million Doses Of Sputnik V Vaccine In India

Russia had ealier announced that the Sputnik V vaccine will be priced at $10 per dose in international markets, costing less than some other registered COVID-19 vaccines

Russian Direct Investment Fund, Hetero Pharma Agree To Produce Over 100 Million Doses Of Sputnik V Vaccine In India
Highlights
  • The production of Sputnik V will start in the beginning of 2021: RDIF
  • The vaccine is currently undergoing Phase-3 clinical trials
  • The vaccine's interim clinical trial results show 95% efficacy: RDIF

New Delhi: Russian Direct Investment Fund (RDIF) and pharma firm Hetero have agreed to produce over 100 million doses per year in India of the Sputnik V vaccine against COVID-19, Russia’s sovereign wealth fund said in a statement. The parties intend to start the production of Sputnik V in the beginning of 2021, it added. Currently, Phase III clinical trials are approved and are ongoing in Belarus, the UAE, Venezuela and other countries, as well as Phase II-III in India, RDIF said.

Also Read: COVID-19: We Need More Safety And Efficacy Data, Said WHO’s Soumya Swaminathan On Vaccine Trial Results

In October, domestic pharma major Dr Reddy’s Laboratories and RDIF had received approval from the Drugs Controller General of India (DCGI) to conduct an adaptive phase II/III human clinical trial for Sputnik V vaccine in India. Requests for more than 1.2 billion doses of Sputnik V vaccine came from over 50 countries. The vaccine supplies for the global market will be produced by RDIF’s international partners in India, Brazil, China, South Korea and other countries, RDIF said.

We are delighted to announce the agreement between RDIF and Hetero that will pave the way to production of the safe and highly effective Sputnik V vaccine on Indian soil, Russian Direct Investment Fund CEO Kirill Dmitriev said.

The vaccine’s interim clinical trial results show 95 per cent efficacy on the 42nd day after the first dose, he added.

Thanks to our cooperation with Hetero, we will be able to significantly increase production capacity and provide people of India with an efficient solution in this challenging period of the pandemic, the CEO said.

The Gamaleya Center and RDIF on Tuesday had announced that the efficacy of its Sputnik V COVID-19 vaccine is over 95 per cent and the cost of one dose of the shot for international markets will be less than USD 10 (around Rs 740).

We are pleased to collaborate with RDIF as a manufacturing partner for the most anticipated Sputnik V vaccine for… COVID-19. While we look forward to the clinical trial results in India, we believe that manufacturing the product locally is crucial to enable swift access to patients, Hetero Labs International Marketing Director B Murali Krishna Reddy said.

Meanwhile, on Monday, pharma major AstraZeneca had said an interim analysis of clinical trials of its COVID-19 vaccine in the UK and Brazil showed that it was 70 per cent effective on average.

Also Read: COVID-19: Limited Shipment Of Sputnik V Vaccine To Other Countries In December, Key Deliveries By January 2021, Says Russia

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

NDTV – Dettol Banega Swasth India campaign is an extension of the five-year-old Banega Swachh India initiative helmed by Campaign Ambassador Amitabh Bachchan. It aims to spread awareness about critical health issues facing the country. In wake of the current COVID-19 pandemic, the need for WASH (WaterSanitation and Hygiene) is reaffirmed as handwashing is one of the ways to prevent Coronavirus infection and other diseases. The campaign highlights the importance of nutrition and healthcare for women and children to prevent maternal and child mortality, fight malnutrition, stunting, wasting, anaemia and disease prevention through vaccines. Importance of programmes like Public Distribution System (PDS), Mid-day Meal Scheme, POSHAN Abhiyan and the role of Aganwadis and ASHA workers are also covered. Only a Swachh or clean India where toilets are used and open defecation free (ODF) status achieved as part of the Swachh Bharat Abhiyan launched by Prime Minister Narendra Modi in 2014, can eradicate diseases like diahorrea and become a Swasth or healthy India. The campaign will continue to cover issues like air pollutionwaste managementplastic banmanual scavenging and sanitation workers and menstrual hygiene

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