The Russian Direct Investment Fund (RDIF) and Panacea Biotec launch production of the ‘Sputnik V’ vaccine in India

Both companies have agreed to produce 100 million doses per year

The first batch will be produced at Panacea Biotec’s facilities in Baddi, Himachal Pradesh

They will be shipped to Russia’s Gamaleya Center for quality control

Full-scale production is expected to start this summer

The targeted production of the dual vector Sputnik V vaccine for the first 12 months is 50 Mn doses

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