Dr Reddy's Laboratories Ltd anticipates the locally manufactured Russia's COVID-19 vaccine Sputnik V to be available from September-October period, a senior official of the city-based drug manufacturer said on Tuesday. M V Ramana, CEO of Branded Markets (India and Emerging Markets), Dr Reddys, said because of the rapid spike of COVID-19 cases in Russia, the arrival of Sputnik V doses are getting delayed and the situation may ease by August end.
"The local manufacturers are currently in the process of Technology absorption and scale up. And we expect and from the October-September timeframe we are likely to have locally manufactured sputnik available," Ramana said in a report.
Dr Reddy's, which has teamed up with Russian Direct Investment Fund for Sputnik V in India, soft
initiated the vaccine in India in May 2021 after receiving Emergency Use Authorization (EUA) in April 2021. Ramana said the firm is in talk with RDIF for ramping up supplies.
RDIF has tied up with six Indian drug makers to manufacture Sputnik V.
Dr Reddy's is in a pact with Russian Direct Investment Fund to trade the first 125 million people doses (250 million vials) of COVID-19 vaccine Sputnik V in India.
The official mentioned the vaccine was launched in 80 cities and over 2.5 lakh people have been administered the jab.
Answering to a query, he said the trials of Sputnik V in adolescents have commenced in Russia and they are expected to be completed by October.
On the availability of more Sputnik V stock from RDIF, Ramana stated "What we wait for now is the balance of the second dose and we are in discussions with RDIF. We do expect to hear back from them by the end of July. The indications are that in the month of August we should start seeing a bit of floor of the imported product."
In the meanwhile, Dr Reddy's, in a press release, told SVAAS Wellness Limited, a wholly-owned subsidiary of the drug maker, teamed up with ICICI Lombard General Insurance Company Limited for a pilot launch of a first-of-its-kind cashless outpatient offering in India.
The alliance marks the launch of Dr.Reddys digital health solution 'SVAAS' and demonstrates ICICI Lombards deeper foray into the wellness space.