Business Companies 14 May 2021 Dr Reddy's laun ...

Dr Reddy's launches Sputnik vaccine in India, 1st dose administered in Hyderabad

DECCAN CHRONICLE.
Published May 14, 2021, 1:02 pm IST
Updated May 14, 2021, 2:11 pm IST
The vaccine is presently priced at Rs 948 plus 5% GST per dose with the possibility of a lower price point when local supply begins
Vials containing Russia's Sputnik V vaccine for COVID-19. (AP File)
 Vials containing Russia's Sputnik V vaccine for COVID-19. (AP File)

Hyderabad: The first dose of Sputnik V, the Russian-made Covid-19 vaccine was administered on Friday as part of a soft launch of the vaccine in Hyderabad, Dr Reddy’s Laboratories, which is partnering with the Russian Direct Investment Fund that markets the vaccine.

Reddy’s Laboratories said the soft launch as part of a limited pilot, follows the receipt of regulatory clearance from the Central Drugs Laboratory, Kasauli on May 13.

 

It said more consignment of the imported doses are expected over the next few months, following which domestically produced doses would be used. The company said each of the imported dose is priced at Rs 948 and a 5% GST, with the possibility of a lower price point when local supply begins. The Company is working closely with its six manufacturing partners in India to fulfill regulatory requirements to ensure smooth and timely supply, it said.

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Location: India, Telangana, Hyderabad




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