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DAILY NEWS ANALYSIS

GS-III :
  • 14 May, 2021

  • 5 Min Read

Sputnik V Covid vaccine to cost ?995

Sputnik V Covid vaccine to cost ?995

Introduction

  • The country is looking to produce 15.6 crore doses of the Russian Covid vaccine
  • The imported doses of Russia's Sputnik V Covid-19 vaccine will cost ? 995.40 per shot, said the company’s partner in India Dr Reddy's Laboratories

Made in India

  • However, the doses of the vaccine that will be made in India are expected to be cheaper.
  • The company said it is working closely with its six manufacturing partners to fulfil regulatory requirements to ensure a smooth and timely supply.
  • The first dose of the vaccine was also administered in Hyderabad on Friday as part of a limited pilot and soft launch of Sputnik V in India.
  • The country is looking to produce 15.6 crore doses of the Russian Covid vaccine.
  • "Its production will begin in July and it is estimated that 15.6 crore doses will be manufactured in that period," Paul said.

About Sputnik V

  • It is the third vaccine India has given go-ahead to after 'Covishield', developed by Oxford University and AstraZeneca and 'Covaxin', the indigenous vaccine manufactured by Bharat Biotech.
    • Covishield is manufactured by Serum Institute of India.
  • With an efficacy of 91.6%, Sputnik V was the first vaccine against coronavirus in the world.
  • Clinical trial data published in The Lancet indicated that the Covid-19 vaccine "appears safe and effective".
  • More than 60 countries had registered Sputnik V for emergency use and most of these countries had already received the first batch of the vaccine.
  • Russia has been actively marketing Sputnik V abroad despite the comparatively slow rollout at home and limited production capacities, according to reports.

Read about Covid-19 vaccine side effects - https://www.aspireias.com/daily-news-analysis-current-affairs/COVID-19-vaccines-and-possible-side-effects

Read about Drugs and Clinical trial rules,2019 here- https://www.aspireias.com/daily-news-analysis-current-affairs/Drugs-and-Clinical-Trials-Rules-2019

Source: TH


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