Panacea Biotec and The Russian Direct Investment Fund (RDIF, Russia’s sovereign wealth fund) have launched production of the Russian Sputnik V vaccine against coronavirus. The first batch produced at Panacea Biotec’s facilities at Baddi will be shipped to the Gamaleya Center for quality control. Full-scale production of the vaccine is due to start this summer, Company’s facilities comply with GMP standards and are prequalified by WHO.
Panacea Biotec is a leading research based Biotechnology Company with established research, manufacturing and marketing capabilities.