India: Gland Pharma to supply up to 252 mln Sputnik V vaccine doses

[Resurgence]

India's Gland Pharma Ltd GLAD.NS said on Tuesday it has entered into an agreement with the Russian Direct Investment Fund (RDIF) to produce and supply up to 252 million doses of the Sputnik V COVID-19 vaccine.

The drugmaker's shares hit a record high after the announcement, rising as much as 9.3% to 2,778.75 rupees.

Production is expected to begin from the third quarter of this year, Gland Pharma said in a statement, with delivery estimated from the fourth quarter. It did not specify which countries it would supply the doses to.

Sputnik V, developed by Moscow's Gamaleya Institute and marketed abroad by the RDIF, has proved to be 91.6% effective against COVID-19. The vaccine has been approved in 22 countries, and the RDIF has signed supply deals with over 13 countries.

Indian drugmaker Dr. Reddy's Laboratories Ltd REDY.NS has been working with RDIF to hold small domestic clinical studies of Sputnik V. The company sought emergency use approval last month, but was asked for further immunogenicity data by India's drug regulator.

India's Hetero has also entered into a deal to manufacture over 100 million doses of the Sputnik V vaccine.

Gland Pharma also said it would explore more deals for Sputnik V.



https://www.nasdaq.com/articles/indias-g...2021-03-16

[rezwaki]

all this sputnik v thing is shady IMO
negative rumors are going around

in russia almost noone wants to be vaccinated by sputnik v
its funny how they bought outdoor ads promoting this sputnik v, at this point u can already notice that something's wrong: why would they buy ads for their own "good" vaccine? i think if the vaccine is good & works well, it would be promoted by people, they would advise friends to vaccinate, etc.
and this doesnt happen

[Resurgence]

in russia almost noone wants to be vaccinated by sputnik v

As of June 21, there have been over 35 million doses administered in Russia.

35,237,844