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Sputnik launched in Hyderabad at ₹995 a dose

Started by devikad, May 15, 2021, 07:38 PM

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Sputnik launched in Hyderabad at ₹995 a dose

On Friday, Dr Reddy's Laboratories's chief executive officer Deepak Sapra became the first person in the country to receive the Sputnik V vaccine developed by Russia's Gamaleya Institute with assistance with the Russian sovereign wealth fund RDIF after it received emergency use authorisation in India on April 13.

DRL said in a statement that the jab marked the soft launch of the vaccine in the country. This is the first foreign-made Covid-19 vaccine to be used in India. The vaccine is priced at ₹995.40 per shot in the market, with the possibility of prices coming down further once local production starts.

Friday's dose was one of 150,000 of Sputnik V imported by DRL from Russia on May 1. The Central Drug Laboratory, Kasauli,gave its regulatory clearance for the local launch of the vaccine on May 13. DRL hopes to receive more import consignments in coming months and will work with local manufacturing companies (Gland Pharma, Hetero Biopharma, Panacea Biotec, Stelis Biopharma, Virchow Biotech), which will, starting July, churn out locally made versions of the vaccine. Together, these companies have the capacity to manufacture 850 million doses of Sputnik V in a year although it isn't clear how many they will manufacture this year.

Source: https://www.hindustantimes.com/india-news/sputnik-launched-in-hyderabad-at-rs-995-a-dose-101621026665762.html

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