Posts

Showing posts with the label DR REDDY'S LABORATORIES LIMITED

Sputnik V soft launched in over 50 cities in India: Dr Reddy's Laboratories

Image
  Dr Reddys Laboratories Ltd, which soft-launched Russia's COVID-19 vaccine , Sputnik V here on May 14 has expanded the pilot project to over 50 other cities and towns in the country. In a tweet on Monday night, the city-based drug maker said it will strengthen the commercial rollout of Sputnik V in the coming weeks. "Starting initially in Hyderabad today, the soft launch rollout of Sputnik V has scaled up speedily and reached cities and towns all over India- including but not limited to Hyderabad, Vizag, Bengaluru, Mumbai, Navi Mumbai, Kolkata, Delhi, NCR, Chennai, Miryalaguda, Vijayawada, Baddi, Kolhapur, Kochi, Raipur, Chandigarh, Pune, Nagpur, Nashik it said in the tweet. Recently, Dr Reddy's received nearly three million doses ofSputnikV fromRussian Direct Investment Fund with whichit has a pact to sell 125 million people doses (250 million vials) in India. Read More

Russia's Sputnik V vaccine for Covid priced at Rs 948 plus 5% GST in India

Image
  Russia’s Sputnik V vaccine for Covid-19 will be priced in India at Rs 948 per dose with an additional 5 per cent GST and could be cheaper when it is manufactured domestically, said Dr Reddy's Laboratories on Friday. India will import Sputnik V frozen form from Russia this quarter. Hyderabad-based Dr Reddy's is responsible for ensuring that the vaccine remains stable and sanctity of the cold chain is maintained — from the manufacturing site in Russia to its cold chain point and eventually to all parts of India. The first consignment of the imported vaccine landed in India on May 21 and has received regulatory clearance, said Dr Reddy's in a statement. "The imported doses of the vaccine are presently priced at an MRP of Rs 948 + 5% GST per dose, with the possibility of a lower price point when local supply begins" The company said is working with six manufacturing partners in India to supply the vaccine. Read More