RDIF collaborates with Dr Reddys for supply of 100 million doses of Sputnik V in India
Deliveries could potentially begin in late 2020, subject to completion of successful trials and registration of the vaccine by regulatory authorities in India, the release said.;
Hyderabad: The Russian Direct Investment Fund (RDIF), Russias sovereign wealth fund, and Dr Reddys Laboratories Ltd. have agreed to cooperate on clinical trials and distribution of Sputnik V vaccine in India.
Upon regulatory approval in India, RDIF shall supply to Dr. Reddys 100 million doses of the vaccine, Dr Reddys said in a release on Wednesday.
The Sputnik V vaccine, which is based on well-studied human adenoviral vector platform with proven safety, is undergoing clinical trials for the coronavirus pandemic, it said.
Deliveries could potentially begin in late 2020, subject to completion of successful trials and registration of the vaccine by regulatory authorities in India, the release said.
Kirill Dmitriev, CEO of the Russian Direct Investment Fund, said RDIF is very pleased to partner with Dr. Reddys in India. Dr. Reddys has had a very well established and respected presence in Russia for over 25 years and is one of the leading pharmaceutical companies in India, he said.
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