Dr. Reddy’s to manufacture Sputnik in India

Must read

NEW DELHI: Drug firm Shilpa Medicare on Monday said its arm has entered into a definitive agreement with Dr Reddy’s Laboratories for manufacturing of Russian Covid-19 vaccine Sputnik V.

“The company, via its wholly-owned subsidiary Shilpa Biologicals Pvt Ltd (SBPL), has entered into a three-year definitive agreement with Dr Reddy’s Laboratories for production-supply of the Sputnik V vaccine from its integrated biologics R&D cum manufacturing centre at Dharwad, Karnataka,” Shilpa Medicare said in a regulatory filing.

Coronavirus: Live updates
The targeted production of the dual vector Sputnik V for the first 12 months is 50 million doses (50 million of component 1 and 50 million of component 2), from the date of start of commercial production, the company added.
Shilpa Medicare said Dr Reddy’s will facilitate the transfer of the sputnik technology to SBPL.
Under the agreement, SBPL will be responsible for the manufacture of the vaccine, while Dr Reddy’s is responsible for the distribution/marketing of the vaccine in its marketing territories.
Shilpa Medicare said the companies are also exploring the option to manufacture Sputnik Light, a single-dose version of the vaccine in the near future.
Reddy’s Laboratories on Friday soft-launched imported Covid-19 vaccine Sputnik V, with Deepak Sapra, a senior executive of the drug-maker, taking the first shot.
The vaccine is priced at Rs 948, with five per cent GST per dose (retail price of Rs 995.40).
The first consignment of imported doses of the Sputnik V vaccine from the Russian Direct Investment Fund (RDIF) landed in India on May 1 and received regulatory clearance from the Central Drugs Laboratory.

More articles

- Advertisement -


Signzy Raises $26 Mn To Develop No-Code Digitalisation Platform

The funding round was led by Gaja Capital with participation from existing investors Vertex Ventures and Arkam Ventures Signzy plans to use the funding...
- Advertisement -

Latest article