Tuesday, July 6, 2021

Shilpa Medicare arm inks pact with Dr Reddy’s to manufacture Sputnik V vaccine – ET HealthWorld


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 center at Dharwad, Karnataka,” Shilpa Medicare said in a regulatory filing.

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 manufacturing of the vaccine, while Dr Reddy’s is responsible for 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 imported Sputnik V vaccine is priced at Rs 948, with five percent GST per dose (retail price of Rs 995.40).

The first consignment of imported doses of the Sputnik V vaccine from Russian Direct Investment Fund (RDIF) landed in India on May 1 and received regulatory clearance from the Central Drugs Laboratory.





Source link

Stay Connected

1,605FansLike
11,000FollowersFollow
342FollowersFollow
775FollowersFollow

Latest Articles

Covid’s second wave proves lethal for pregnant women

At SVP Hospital in Ahmedabad – one of the major Covid-19 hospitals of the city – 148 pregnant women with Covid-19 infection were admitted...

7 Tips to Keep Your Gut Healthy

This is common to say health (and illness) starts in your gut. If you have poor gut health, you’ll experience anything from wrinkled skin, to...

SII making first batch of Covovax: Poonawalla

The first batch of Covovax, a Covid-19 vaccine developed by Novavax Inc, is being manufactured at the Serum Institute of India's Pune facility, SII...

Sputnik V is safest among all Covid-19 vaccines, no deaths recorded: Buenos Aires study

A study by the Buenos Aires Ministry of Health to monitor the safety of the Sputnik V vaccine against Covid-19 confirmed on Thursday that...

Telangana caps Covid treatment charges in private hospitals

Hyderabad: The government of Telangana on Wednesday issued orders fixing treatment and investigation charges for Covid-19 in private hospitals.The state government, which had capped...