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Thursday, November 26, 2020

Russia agrees to produce coronavirus vaccine Sputnik V in India


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Moscow, November 27

Russia's sovereign wealth fund and Indian pharmaceutical company Hetero have agreed to produce over 100 million doses per year in India of the Sputnik V vaccine against COVID-19, according to a statement on the Sputnik V Twitter account on Friday.

Hetero and the Russian Direct Investment Fund (RDIF), which has been backing the vaccine and marketing it globally, plans to start production of Sputnik V in India at the beginning of 2021, the statement said.

Phase II-III trials were ongoing in India, the statement said.

Drugmaker Dr Reddy's Laboratories Ltd has said it expects late-stage trials to be completed by as early as March 2021. Reuters


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