Dr Reddy's Laboratories, the indian partner of the Russian Direct Investment Fund (RDIF), said it has commenced Sputnik V's india rollout. The first dose was administered in hyderabad on friday as part of a limited pilot. The imported vaccine has been priced at Rs 948 per dose with an additional 5% GST to be charged on it, putting the price at around Rs 995.4 a dose. The company said that the first consignment of imported doses of the vaccine, which landed in india on May 1, 2021, received regulatory clearance from the Central drugs Laboratory, Kasauli, on May 13, 2021. According to Dr Reddy’s further consignments of imported doses are expected over the upcoming months and subsequently, supply of the Sputnik v vaccine will commence from indian manufacturing partners.
The company stated, “The company is working closely with its six manufacturing partners in india to fulfil regulatory requirements to ensure 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,”  Dr Reddy’s co-chairman & managing director G v prasad added, “With the rising cases in india, vaccination is the most effective tool in our battle against Covid-19. Contributing to the vaccination drive in india is our biggest priority right now to help indians be healthy and safe.”

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