Panacea to make 100 million Sputnik V doses of Covid Vaccine | Hybiz

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Panacea Biotec will produce 100 million doses per year of Sputnik V, according to Russia’s sovereign wealth fund -RDIF. This is the fifth such partnership of RDIF with vaccine makers in India. The RDIF, however, did not mention when the firm is likely to begin production of the two-dose adenoviral-based vector vaccine, with a reported efficacy of 91.6%. Registered in 59 countries, Sputnik V in India awaits emergency use authorisation from the subject expert committee that advises the Drugs Controller General of India. The regulator last week deferred a decision on grant of emergency use authorisation. A statement from RDIF said production of Sputnik V at Panacea Biotec sites will help facilitate global supply of the vaccine to its international partners. “We see a growing interest in Sputnik V vaccine. Cooperation with Panacea Biotec is an important step to produce the vaccine in India and to supply our international partners around the world,” CEO Kirill Dmitriev said. Panacea Biotec Managing Director Rajesh Jain said the company will produce the Russian vaccine at its internationally accredited facilities complying to strict GMP standards and prequalified by WHO.
#Panacea #SputnikV #RDIF #DCGI #Hybiz

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