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Chinese firms agree to manufacture Russia s Sputnik V vaccine upi.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from upi.com Daily Mail and Mail on Sunday newspapers.
Search jobs 01-Apr-2021 RDIF and TopRidge Pharma agree to produce over 100 million doses of the Sputnik V vaccine in China
RDIF and
Moscow, April 1, 2021 –
The Russian Direct Investment Fund (RDIF, Russia’s sovereign wealth fund), and TopRidge Pharma (a subsidiary company of one of China’s pharmaceutical market leaders, Tibet Rhodiola Pharmaceutical Holding), have agreed to cooperate on production of over 100 million doses per year of the world’s first registered vaccine against coronavirus Sputnik V in China.
This amount of the vaccine will be sufficient to vaccinate over 50 million people. The parties also intend to cooperate on clinical trials of the vaccine in China and promotion of Sputnik V in the country. TopRidge Pharma will be able to distribute the vaccine in mainland China as well as in Hong Kong, Macao and Taiwan subject to all appropriate regulatory approvals.