New Delhi: Dr. Reddy’s Laboratories on Friday has said that Russia’s Sputnik V COVID-19 vaccine have been priced at Rs 948 + 5 percent GST (Rs 995.40) per dose.
The pharmaceutical company also said a soft launch of the vaccine began in Hyderabad, with the first dose administered on May 14.
“The imported doses of the vaccine are presently priced at an MRP of Rs 948 + 5 percent GST per dose, with the possibility of a lower price point when local supply begins. The Company is working closely with its six manufacturing partners in India to fulfill regulatory requirements to ensure smooth and timely supply,” Dr. Reddy’s Laboratories said in a BSE filing.
Notably, Sputnik V is the third vaccine India has given go-ahead to after Covishield, developed by Oxford University and AstraZeneca and Covaxin, the indigenous vaccine manufactured by Bharat Biotech. Covishield is manufactured by the Serum Institute of India.