Made in India Sputnik V to be available during September- October: Dr Reddy’s
Dr Reddy's is in discussions with RDIF for ramping up supplies
Dr Reddy’s Laboratories Ltd expects the locally manufactured Russia’s Covid-19 vaccine Sputnik V to be available from September-October period, an official said on Tuesday.
Due to the sudden spike of Covid-19 cases in Russia, the arrival of Sputnik V doses are getting delayed and the situation may ease by August-end, M V Ramana, CEO of Branded Markets (India and Emerging Markets), Dr Reddy’s said.
“The local manufacturers are currently in the process of Technology absorption and scale up. And we expect and from the October-September timeframe we are likely to have locally manufactured sputnik available,” Ramana added.
Dr Reddy’s, which has tied up with Russian Direct Investment Fund for Sputnik V in India, soft-launched the vaccine in India in May 2021 after receiving Emergency Use Authorization (EUA) in April 2021. The company is in discussions with RDIF for ramping up supplies. RDIF has tied up with six Indian drug makers to manufacture Sputnik V.
Dr Reddy’s is in a pact with Russian Direct Investment Fund to sell the first 125 million people doses (250 million vials) of Covid-19 vaccine for India.
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