City
Epaper

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

By ANI | Published: July 06, 2021 3:34 PM

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

InternationalIndia to replace military personnel from Maldives by May 10

InternationalPak man arrested in alleged rape of 8-year-old girl

InternationalPakistan: Police enforce ban on wearing uniform off-duty

InternationalPakistan: Human Rights Commission calls upon govt to ensure fair treatment to journalists

InternationalArabian Travel Market 2024 to begin Monday