The Russian sovereign wealth fund will provide 100 million doses of its potential vaccine against coronavirus Indian drugmaker Dr Reddy’s Laboratories, the organization said today, now that Moscow is accelerating plans to distribute its vaccine abroad.
The deal for its Sputnik-5 vaccine candidate came after the Russian Direct Investment Fund (RDIF) signed pacts with Indian manufacturers to produce 300 million doses of its vaccine in India, which is also a major buyer of Russian oil and weapons.
The agreement raises the total number of doses that Russia has announced so far that it will distribute abroad to just over 200 million – half for Latin America and half for India. RDIF said it received orders that amount to 1 billion doses.
Remittances to India, which has more than 1.3 billion inhabitants, could begin in late 2020, RDIF said, adding that the date is subject to completion of testing and registration of Sputnik-5 by regulatory authorities. Indian.
Advanced stage tests, which involve at least 40,000 people, are ongoing in Russia. Initial results are expected in October and November, said the fund’s chief, Kirill Dmitriev.
Dr Reddy’s, one of India’s largest pharmaceutical companies, will carry out Sputnik-5 advanced clinical trials in India, RDIF reported.
Indian tests could begin as early as next month, Dmitriev told Reuters, adding that the test results could be followed shortly after by Sputnik-5’s domestic regulatory approval for mass use in India.
Last week, India said it was considering granting an emergency authorization for a coronavirus vaccine, especially for the elderly and people in high-risk work environments.
Was Russia the first country in the world to grant regulatory approval for a vaccine against the new coronavirus, and did it before large-scale tests were completed? which created doubts among scientists and doctors about the safety of the vaccine.
Currently, however, several countries are considering adopting “emergency use authorization” measures that would accelerate the approval of a vaccine in a similar way.