Covid: Dr Reddy's expects first lot of Sputnik V vaccine by May end

RDIF CEO Kirill Dmitriev in a virtual press conference recently said he expected over 50 million doses of SputnikV vaccine to be manufactured in India by this summer

Sputnik V, Dr Reddy's Laboratories, DRL, coronavirus, vaccine, covid-19
Press Trust of India Hyderabad
2 min read Last Updated : Apr 27 2021 | 3:42 PM IST

Dr Reddy's Laboratories, which has received approval from the Indian drug regulator for restricted emergency use of COVID-19 vaccineSputnik V,on Tuesday said it expects the first lot of stock from Russian Direct Investment Fund by May end.

In September 2020, Dr Reddys and RDIF entered into a partnership to conduct clinical trials of SputnikV, developed by the Gamaleya National Research Institute of Epidemiology and Microbiology and the rights for distribution of the first 100 million doses in India.

Later, it was enhanced to 125 million.

"We are targeting to have the first batches imported by Q1, and are trying our best to have them by end-May," A Dr Reddy's spokesperson told PTI in an email reply.

RDIF CEO Kirill Dmitriev in a virtual press conference recently said he expected over 50 million doses of SputnikV vaccine to be manufactured in India by this summer.

He had said RDIF has tied up with five drug companies for the vaccine and is looking at a couple of more firms for the possible production pacts.

Once available, SputnikV will be the third vaccine to be used in India against coronavirus.

In January, DCGI had given the emergency use authorisation for two COVID-19 vaccines -- Covaxin of Bharat Biotech and Covishield of Oxford-AstraZeneca manufactured by Serum Institute of India in Pune.

"We expect Domestic Manufacturing to ramp up from Q2.

We are not able to confirm on the first lot size at this time," Dr Reddy's official further said.

A senior official of Dr Reddy's said the vaccine will be imported in a frozen condition from RDIF maintaining -18 to -22 degree celsius.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :CoronavirusDr Reddys LaboratoriesCoronavirus Vaccine

First Published: Apr 27 2021 | 3:38 PM IST

Next Story