Indian multinational pharma conglomerate Dr Reddy's Laboratories on Friday said as part of a limited pilot, the soft launch of the COVID vaccine Sputnik V has commenced and the first dose of the vaccine was administered in Hyderabad.
The first consignment of imported doses of the Sputnik V vaccine landed in India on May 1, and received regulatory clearance from the Central Drugs Laboratory, Kasauli on May 13, 2021, it added.
It also added that the imported doses of the vaccine are presently priced at a maximum retail price of Rs 948, with 5 percent GST per dose, with the possibility of a lower price point when local supply begins, it added.
“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”
''Further consignments of imported doses are expected over the upcoming months. Subsequently, supply of the Sputnik V vaccine will commence from Indian manufacturing partners,'' it added.