Russia to sell 100 million doses of Covid-19 vaccine to India

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MOSCOW: Russia’s sovereign wealth fund has agreed to supply 100 million doses of its coronavirus vaccine, Sputnik-V

, to Indian drug company Dr Reddy’s Laboratories, the fund said on Wednesday, as Moscow speeds up plans to distribute its shot abroad.

The deal comes after 

the Russian Direct Investment Fund

 (RDIF) reached agreements with Indian manufacturers to produce 300 million doses of the vaccine in India, which is a major consumer of Russian oil and arms


Dr Reddy’s, one of India’s top pharmaceutical companies, will carry out Phase III clinical trials of the vaccine in India, pending regulatory approval, RDIF said in a statement.


Deliveries to India could begin in late 2020, it said, adding this was subject to the completion of trials and the vaccine’s registration by regulatory authorities in India



Russia was the first country to license a novel coronavirus vaccine before large-scale Phase III trials were complete, stirring concern among scientists and doctors about the safety and efficacy of the shot.


The Phase I and II results had shown promise, G V Prasad, co-chairman of Dr Reddy’s, was cited in the RDIF statement as saying.

"Sputnik V vaccine could provide a credible option in our fight against 

COVID-19

 in India," he said.


There was no detail about the price of the vaccine but RDIF has said previously it was not aiming at making a profit, just covering costs.

The agreement comes as India’s coronavirus cases surged past 5 million on Wednesday, piling pressure on hospitals grappling with unreliable supplies of oxygen that they need to treat tens of thousands of critical patients.


India is only the second country in the world to cross the grim milestone and said this week it is considering granting an emergency authorisation for a vaccine, particularly for the elderly and people in high-risk workplaces.


The RDIF has already reached vaccine supply deals with Kazakhstan, Brazil and Mexico. It has also signed a memorandum with the Saudi Chemical company.

Russia has billed Sputnik-V as the first vaccine against the coronavirus to be registered in the world. Phase III trials, involving at least 40,000 people, were launched in Russia on Aug. 26 but have yet to be completed.


Source- https://www.google.com/amp/s/m.timesofindia.com...

20 Comments  |  
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I thought Russian vaccine is already available in stores and some of them have home delivery too. sputnik-V is sputnik-Vodka, if anyone got confused with the naming.

Without proper testing, world war Z is waiting to happen.

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Hamara khudka vaccine ka kya hua?

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Simbha3 wrote:

Hamara khudka vaccine ka kya hua?

GHANTA.

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हां, क्यों नहीं?
सबसे पहले Indian guinea pigs पर ही टेस्ट कर लो।
100 millions में से 10-12 millions मर भी जाए तो टेंशन नहीं होगी।
हमारी सरकार ने टीवी का ऐसा नशा चढ़ा रक्खा है की भारतवासियों को अंग्रेज़ी में भी समझाया जा सकता है की untested Russian vaccine लगवाकर मारना भी मनावसेवा है और ऐसी मौत मर कर स्वर्ग में entry सबसे पहले मिलेगी।

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Simbha3 wrote:

Hamara khudka vaccine ka kya hua?

it’s already launched by Patanjali

Have cured millions in India and still counting from COVID-19 CHINA VIRUS

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Simbha3 wrote:

Hamara khudka vaccine ka kya hua?

kya fatak padta…mtax payer ka paisa hai…mehanga mile ya sasta

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Simbha3 wrote:

Hamara khudka vaccine ka kya hua?

Researchers, Scientists & Developers @ Patanjali workin’ on it…Soon it will be available throughout the country in all the Patanjali stores…Online pe bhi milega…Don’t worry…2030 tak aa jayega market mein… : )

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How come these optrs always get to know everything.
Does anyone have any idea where this Reddy’s will stop now so that i can enter accordingly
confused

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mrKool_JJ wrote:

How come these optrs always get to know everything.
Does anyone have any idea where this Reddy’s will stop now so that i can enter accordingly
confused

@bikidas2060 @malikcool @guest_999 @DealBroker23 @garamjalebi @BubbleBoyChickenLittle @Awake

Bola nai ye to 🚀 hogya hushed

Volume shocker day for Reddy’s scream

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mrKool_JJ wrote:

@bikidas2060 @malikcool @guest_999 @DealBroker23 @garamjalebi @BubbleBoyChickenLittle @Awake

Bola nai ye to 🚀 hogya hushed

Volume shocker day for Reddy’s scream

Seems like party over. Big guns made good money and cleared their positions.
Still that rally was pretty good. Haven’t seen such volumes in 4digit stocks probably that corona vaccine did the trick and lured everyone. That’s it.

#ApkaApnaJJ wink

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mrKool_JJ wrote:

Coming up – AstraZeneca Pharma sunglasses pray smiling_imp fireworks tada🎊

JJ ne bola toh samjho ho gaya. grinning

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malikcool wrote:

JJ ne bola toh samjho ho gaya. grinning

Ye inke optr ko bolo joy

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mrKool_JJ wrote:

Ye inke optr ko bolo joy

Plot Twist :- JJ hi operator hai. hushed

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malikcool wrote:

Plot Twist :- JJ hi operator hai. hushed

joy joy joy stuck_out_tongue stuck_out_tongue stuck_out_tongue laughing
Time to leave DD for loots then grin
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