ADVERTISEMENTREMOVE AD

RDIF and Stelis Biopharma to Supply 200 Mn Sputnik V Vaccine Doses

The vaccine demonstrates a 91.6 percent efficacy rate as confirmed by a study published in The Lancet.

Published
COVID-19
1 min read
story-hero-img
i
Aa
Aa
Small
Aa
Medium
Aa
Large
Hindi Female

The Russian Direct Investment Fund (RDIF) and Indian pharmaceutical firm Stelis Biopharma on Friday, 19 March, announced its partnership to produce and supply a minimum of 200 million doses of the Russian Sputnik V vaccine against COVID-19.

The agreement between RDIF and Stelis Biopharma was reached under the aegis of Enso Healthcare LLP (part of Enso Group), RDIF's coordination partner for sourcing Sputnik V vaccines in India.

"We are delighted to announce our agreement with Stelis Biopharma for a significant capacity of Sputnik V," Kirill Dmitriev, CEO of the RDIF, said in a statement.

ADVERTISEMENTREMOVE AD

"The significant vaccine volumes, which will be produced jointly with Stelis, will help to widen access to the vaccine on a global scale," he added.

Sputnik V, the world’s first registered vaccine against the novel coronavirus infection, is now approved for use in over 50 countries. It is a two-dose vaccine which uses two different human adenoviral vectors in the course of vaccination.

The vaccine demonstrates a 91.6 percent efficacy rate as confirmed by a peer-reviewed study published in the prestigious medical journal, The Lancet, which found the vaccine to offer consistent and strong protective effect across all participant age groups.

The parties intend to commence supplies from the third quarter of 2021. Stelis will also continue to work with the RDIF to provide additional supply volumes beyond the initial agreement, the company said.

(At The Quint, we are answerable only to our audience. Play an active role in shaping our journalism by becoming a member. Because the truth is worth it.)

0

Read Latest News and Breaking News at The Quint, browse for more from coronavirus

Topics:  India   Russia   COVID Vaccines 

Speaking truth to power requires allies like you.
Become a Member
3 months
12 months
12 months
Check Member Benefits
Read More
×
×