City
Epaper

India's Morepan Labs manufactures test batch of Russia's Sputnik V vaccine: RDIF

By ANI | Updated: July 6, 2021 15:45 IST

Russian Direct Investment Fund (RDIF) and Indian drug firm Morepen Laboratories on Tuesday announced the production of the test batch of the Russian Sputnik V coronavirus vaccine in an exclusive facility in Himachal Pradesh.

Open in App

Russian Direct Investment Fund (RDIF) and Indian drug firm Morepen Laboratories on Tuesday announced the production of the test batch of the Russian Sputnik V coronavirus vaccine in an exclusive facility in Himachal Pradesh.

The first batch will be shipped to the Gamaleya Center in Russia for quality control.

The RDIF and Morepen Laboratories signed a cooperation agreement in June and are actively implementing the technology transfer, according to a statement by RDIF, the sovereign wealth fund marketing the Sputnik vaccine abroad.

Sputnik V was granted an emergency use authorization in India on April 12.

India is the leading production hub for Sputnik V. RDIF had reached agreements earlier with other leading pharmaceutical companies in India - Gland Pharma, Hetero Biopharma, Panacea Biotec, Stelis Biopharma and Virchow Biotech.

In total, agreements with partners in India provide for the production of more than 850 mn doses of Sputnik V per year.

To date, Sputnik V has been registered in 67 countries globally with a total population of over 3.5 billion people.

Kirill Dmitriev, CEO of the Russian Direct Investment Fund, said that agreement with Morepen Laboratories provides for a larger amount of Sputnik V to be available both for India and globally.

"As the pandemic is yet far from over and new, more dangerous variants of coronavirus are being detected in various regions of the world, RDIF is increasing capacities for the production of Sputnik V in India, one of the key hubs," Dmitriev said.

"Agreement with Morepen Laboratories provides for larger amount of Sputnik V to be available both for India and our partners globally to speed up the vaccination with one of the best vaccines in the world," he added.

Sushil Suri, Chairman & Managing Director of Morepen Laboratories Limited, said: "We are delighted to partner with RDIF for the prestigious project of Sputnik V production in India."

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Morepen Laboratories Ltd.RdifStelis biopharmaKirill dmitriev
Open in App

Related Stories

InternationalUS announces additional measures against Russian financial system

InternationalSputnik Light's approval in India major step in bilateral cooperation against COVID: RDIF CEO

HealthSputnik V shows strong protection against Omicron: Joint Italian-Russian study

InternationalTalks on production of Sputnik Light COVID vaccine in India nearing completion: Russian Foreign Minister Lavrov

HealthRDIF seeks Sputnik M vaccine registration for adolescents in India

International Realted Stories

InternationalIAEA to hold emergency board meeting on Monday after US strikes Iran nuclear sites

International"Expressed deep concern": PM Modi in phone call with Iran President Pezeshkian calls for de-escalation, dialogue

InternationalGlobal leaders urge restraint, warn of escalation after US strikes Iranian nuclear sites

InternationalSister of enforced disappeared activists condemn Pakistan's brutality in Balochistan

InternationalPakistan's brutality against Baloch rights defenders continues, says sister of Bebarg Baloch