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HomeNews ReportsDr.Reddy's commences rollout of Russian-made Sputnik V vaccines, to be priced at Rs 995.40...

Dr.Reddy’s commences rollout of Russian-made Sputnik V vaccines, to be priced at Rs 995.40 per dose

The rollout of the Sputnik V vaccine at market rates, without any subsidy or philanthropic rate slash, comes at a time when left liberals are waging a war against Indian-made vaccines over its alleged 'higher costs' while batting for much costlier foreign vaccines.

Dr Reddy’s Laboratories, the Indian partner of Russian Direct Investment Fund (RDIF), said it has commenced Sputnik V’s India rollout, with the first doses being administered in Hyderabad on Friday on a limited basis.

Deepak Sapra, the global head of Custom Pharma Services at Dr Reddy’s Lab became the first person to receive the Sputnik V shot at Hyderabad today.

According to the reports, the Hyderabad-based company said the Russian vaccine – Sputnik V would be priced at Rs 948 per dose with an additional 5% GST to be charged on it, putting the price at around Rs 995.4.

“As part of a limited pilot, the soft launch of the vaccine has commenced, and the first dose of the vaccine was administered in Hyderabad today on May 14, 2021. The imported doses of the vaccine are presently priced at an MRP of Rs 948 + 5% GST per dose, with the possibility of a lower price point when local supply begins,” the company said in its regulatory filing.

Further, the company also said that the first consignment of imported doses that landed in India on May 1, 2021, has received regulatory clearance from the Central Drugs Laboratory, Kasauli, on Thursday, May 13, 2021.

The pharmaceutical company expects more consignments of imported doses in the upcoming months. In later months, the supply of the Sputnik V vaccine produced by the Indian manufacturing partners is also expected to commence. Currently, the Russian vaccine manufacturing company is working closely with its six manufacturing partners in India to fulfil regulatory requirements to ensure a smooth and timely supply.

“Dr Reddy’s will work closely with stakeholders in the government and private sector in India to ensure the widest possible reach of the Sputnik V vaccine as part of the national inoculation effort,” the Hyderabad-based pharma company said.

The rollout of the Sputnik V vaccine at market rates, without any subsidy or philanthropic rate slash, comes at a time when left-liberals are waging war against Indian-made vaccines over its alleged ‘higher costs’ while batting for much costlier foreign vaccines.

Propaganda against Indian vaccines

Ever since various pharmaceutical companies developed vaccines for Covid-19, the left-liberals, joining hands with the opposition parties, have launched a vested campaign against Indian companies. The left-liberals have been attacking the Indian origin Covaxin made by Bharat Biotech and SII’s Covishield over its prices while forcing both the government and manufacturers to slash the prices.

The left-liberals had accused Indian companies of making huge profits at the expense of common people by keeping the prices of their vaccines high. In realilty the Indian made vaccines are among the cheapest in the wolrd.

It is interesting to see how the opposition parties and its left-wing media ecosystem reacts to the roll-out of Russian-made Sputnik V vaccines that cost around Rs.1,000, which is nearly costlier than the two Indian-made vaccines – Covaxin and Covishield.

Ayodhra Ram Mandir special coverage by OpIndia

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OpIndia Staff
OpIndia Staffhttps://www.opindia.com
Staff reporter at OpIndia

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