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Sputnik V vaccine import talks proceed, price negotiations on with Govt

Apr 10, 2021 13:26 IST | By Editorji News Desk

Reports indicate that price negotiations for importing Russian vaccine Sputnik V have begun. Hyderabad based Dr Reddy's Lab (DRL) has already formulated a tie-up with Russian Direct Investment Fund to import the vaccine once regulatory approvals are through. 

Current rate of procurement for Covishield and Covaxin is at Rs 150/dose for the Indian government. 

DRL and Sputnik V backer RDIF have agreed upon 100 million doses for import into India.