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Sputnik V import: India in price talks, DRL to import initial doses after regulatory nod
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Synopsis
Dr Reddy’s Laboratories has a tie-up with the Russian Direct Investment Fund, which backed the development of Sputnik V, and will import the initial doses of the vaccine once it gets approval from the drug regulator. Subsequent doses of the vaccine will be manufactured in India.
Agencies
Sputnik V’s efficacy is confirmed at 91.6% and it is one of three vaccines with an efficacy of over 90%.
The government is negotiating the price at which it will procure imported doses of Russia’s Covid-19 vaccine Sputnik V, which is at an advanced stage of the regulatory approval process in India.