Friday, March 29, 2024
News

COVID-19: RDIF collabs with Panacea Biotec to produce 100 million doses of Sputnik V vaccine in India

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

New Delhi | April 7, 2021 9:13:55 AM IST
One of India's largest vaccine and pharmaceutical company 'Panacea Biotec' in collaboration with the Russian Direct Investment Fund (RDIF) has agreed to produce 100 million doses per year of COVID-19 vaccine Sputnik V, the world's first registered vaccine against coronavirus.

According to a press release, Panacea Biotec Ltd (PBL) has announced that the Russian Direct Investment Fund (RDIF, Russia's sovereign wealth fund), and Panacea Biotec, one of the leading vaccine and pharmaceutical producers in India has agreed to cooperate to produce 100 million doses per year of Sputnik V.

Earlier last month, the RDIF and Hyderabad-based Virchow Biotech Private Limited inked an agreement to produce up to 200 million doses per year of Sputnik V vaccine (Russian made) in India.

Sputnik V has been registered in 54 countries globally with a total population of over 1.4 billion people. The efficacy of Sputnik V is 91.6 per cent as confirmed by the data published in the Lancet, one of the world's oldest and most respected medical journals. (ANI)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE WORLD NEWS
'Brutal policy of killing, dumping Baloc...
'Government's attempts to scare and inti...
8 people killed after pickup truck falls...
Pakistan Tehreek-e-Insaf to hold rally o...
South Africa's former President Jacob Zu...
Earthquake of 4.6 magnitude jolts Afghan...
More...
 
INDIA WORLD ASIA
'Who is real enemy of Congress, BJP or l...
Ten dead as taxi rolls down gorge on Jam...
ASI continues survey at Bhojshala Comple...
'We need to establish some Dos and don't...
PM Modi recalls 'profound sacrifice' of ...
'A closed chapter now...': BJP leader Di...
More...    
 
 Top Stories
PM Modi to interact with Tamil Nadu... 
FTAs and new markets will increase ... 
Time to Prepare for Summers with 5 ... 
Punjab: BSF seize packet of suspect... 
BJP's candidate Kangana Ranaut hold... 
GSF Trendsetters in Transboundary E... 
Sony India Launches Alpha 9 III, Wo... 
Aditya Patel's Winners Institute: A...