Covid-19 vaccine: Russia sovereign fund, Hetero agree to produce over 100 million doses of Sputnik V annually in India

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sputnik v vaccine, sputnik v India, sputnik v vaccine in India, sputnik v vaccine update, sputnik v meaning, sputnik news, Coronavirus vaccine, covid 19 vaccineHyderabad-based Hetero and the Russian Direct Investment Fund (RDIF) are aiming to start production of Sputnik V in India at the beginning of 2021. (Reuters image)Coronavirus vaccine in India: Russia has agreed to start production of its Covid-19 vaccine candidate Sputnik V in India, Sputnik V has announced on Twitter. An agreement has been reached between Russia’s sovereign wealth fund and Indian pharmaceutical company Hetero Drugs. More than 100 million (10 crore) doses of Sputnik V vaccine against Covid-19 will be produced annually, as per a Reuters report.

Hyderabad-based Hetero and the Russian Direct Investment Fund (RDIF) are aiming to start production of Sputnik V in India at the beginning of 2021. Notably, RDIF has been backing the Sputnik vaccine and marketing it globally.

Meanwhile, Phase 2 and Phase 3 human trials of Sputnik V are already going on in India, the statement on the Sputnik V Twitter account said. Drugmaker Dr. Reddy’s Laboratories Ltd has said it was expecting phase 3 clinical trials to be completed by as early as March 2021.

Earlier in November, the Russian Direct Investment Fund claimed that the Sputnik V vaccine is 92 per cent effective at protecting people from COVID-19 according to interim trial results, the Reuters report said.

Russia also said it was aiming to produce primarily freeze-dried Sputnik V coronavirus vaccine doses by the spring, a top official said, eliminating the need for transport at ultra-low temperatures as part of an ambitious plan to inoculate its population. Russia has been testing a version that has undergone lyophilisation, turning the liquid vaccine into a dry, white mass that can be stored at normal fridge temperatures of 2 to 8 degrees Celsius (35.6-46.4°F). It is then diluted before injection.

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