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More post-vax deaths from Pfizer than AstraZeneca jabs: Sputnik
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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.
The U.S.-China riff grows over Covid
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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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