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Virchow Biotech to produce up to 200 million Sputnik V doses per year in India
Moscow: Russia's RDIF sovereign wealth fund said on Monday it had reached an agreement with India's Virchow Biotech to produce up to 200 million doses a year of the Sputnik V vaccine in India.
RDIF said full-scale commercial production would start after completing the transfer of technology in the second quarter.
The announcement follows similar deals with Indian pharmaceutical firms Gland Pharma, Stelis Biopharma and Hetero.
"Virchow's proven capabilities in large-scale drug substance manufacturing should help meet the global demand for this vaccine," Dr. Tummuru Murali, Managing Director of Virchow Biotech, said in a statement issued by RDIF.
Read also: Gland Pharma inks pact with RDIF for 252 million Sputnik V doses
India, the world's largest vaccine maker, has become one of the biggest producers of the Sputnik V shot outside Russia. Other countries producing it include Brazil, China and South Korea.
Dr. Reddy's Laboratories Ltd, which has run small clinical studies of Sputnik V in India, sought emergency-use approval for the vaccine last month, but India's drug regulator asked for more data from the Sputnik V developers.
Ruchika Sharma joined Medical Dialogue as an Correspondent for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751