Business Standard

Thursday, January 16, 2025 | 02:15 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Panacea Biotec to make 100 mn doses of Sputnik V for global markets

More players like Serum Institute expected to join the fray to make Sputnik V

Sputnik
Premium

A paramedic holds a pack of used and unused vials of Russia's Sputnik V coronavirus disease vaccine at a private hospital in Karachi (Photo: Reuters)

Sohini Das Mumbai
As India emerges as a major manufacturing hub for the Russian vaccine Sputnik V, the latest firm to partner with Russian Direct Investment Fund (RDIF) to make the Sputnik V vaccine in India is Panacea Biotec that will make 100 million doses of the vaccine here annually for the global market.

With this the total manufacturing capacity of Sputnik V in India becomes 852 million doses annually from partners including Stelis Pharma (Strides arm), Hetero, Gland Pharma, Virchow Group. More players are likely to sign manufacturing agreements with RDIF soon, claimed sources.

Apart from Panacea Biotec, even Serum Institute of India is

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in