MoneyWorks4Me

Panacea Biotec, Russian Direct Investment Fund launch production of Russian Sputnik V vaccine

24 May 2021 Evaluate

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.

Peers
Company Name CMP
Sun Pharma. Inds. 1853.50
Dr. Reddys Labs. 1202.80
Cipla 1397.20
Lupin 2090.00
Zydus Lifesciences 1202.00
View more..