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RDIF, Panacea Biotec start Sputnik V Covid vaccine production starts in India


UPDATED: May 25, 2021 05:10 IST
Sputnik V was given emergency use authorisation by the Indian government on April 12 this year. (Photo: Reuters)
The Russian Direct Investment Fund (RDIF) has started the production of Sputnik V Covid-19 vaccine in India in collaboration with domestic pharma major Panacea Biotec. The joint venture is going to produce 100 million doses per year of Sputnik V in India and is expected to undergo full-scale production this summer, a joint statement issued on Monday said.
RDIF, a Russian sovereign wealth fund that markets the vaccine internationally, in April had announced a collaboration with Panacea Biotec. The first batch of the vaccine will be produced at Panacea Biotec s facilities at Baddi in Himachal Pradesh. This batch will then be shipped to Russia s Gamaleya Center for quality control , the joint statement said. ....

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