Russia agrees to produce coronavirus vaccine Sputnik V in India


 

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, plan to start production of Sputnik V in India at the beginning of 2021, the statement said.

Phase II-III trials are 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. Read More

Comments

Popular posts from this blog

Budgeting Myths Busted: 7 Common Misconceptions Revealed

India to test 100-yr-old vaccine on adults as war on Covid-19 hots up

Top 10 best finance movies to binge on your long weekend