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sputnik v vaccine: Can Sputnik V approval bring big gains to Dr Reddy s stock?

Explore Now NEW DELHI: India s approval to Russian Covid vaccine Sputnik V for emergency use sent Dr Reddy’s Labs soaring on Monday. But the stock saw profit booking on Tuesday and was trading 4 per cent lower in an otherwise positive session for Dalal Street. Analysts said Dr Reddy’s Labs has exclusive distribution rights for the first 250 million doses in India. But there has been a lack of clarity on the agreement between Russian Direct Investment Fund (RDIF) and Dr Reddy s Labs ( DRL) and also on pricing. The Government of India has been the sole buyer in Covid vaccine procurement, with Covishield and Covaxin doses being bought at Rs 150 a dose.

Italy fears the mafia is redirecting some of the country s coronavirus vaccine supply to friends instead of elderly

The U S -China riff grows over Covid

The U.S.-China riff grows over Covid Presented by Editor’s Note: POLITICO Pulse is a free version of POLITICO Pro Health Care s morning newsletter, which is delivered to our subscribers each morning at 6 a.m. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day’s biggest stories. as questions mount about global vaccination efforts. Former HHS official Brian Harrison’s run for a Texas House seat has rekindled old feuds between some Trump-era health officials. Democrats are considering how to offer health insurance to poor adults in states that opted out of Medicaid expansion.

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