Business & Finance

India's Panacea Biotec to produce 100mn Sputnik V doses annually: RDIF

  • Panacea Biotec Ltd has agreed to produce 100 million doses of Russia's Sputnik V COVID-19 vaccine annually.
Published April 5, 2021 Updated April 5, 2021 06:04pm
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MOSCOW: Indian biotech firm Panacea Biotec Ltd has agreed to produce 100 million doses of Russia's Sputnik V COVID-19 vaccine annually, the Russian Direct Investment Fund (RDIF), which markets the shot internationally, said on Monday.

RDIF did not say when production would begin.