Category: Merger/Acquisition Region: Asia · India Company: Mankind Pharma Ltd

Mankind Pharma Collaborates With Russian RDIF For Distribution Of Sputnik V In India

Mankind Pharma Collaborates With Russian RDIF For Distribution Of Sputnik V In India
Delhi based Mankind pharma has collaborated with Russian Direct Investment Fund (RDIF), Russia’s sovereign wealth fund for sales and distribution of Sputnik V in India, sources told ET.“The co-operation agreement has been signed for sales and distribution of much anticipated Covid-19 vaccine Sputnik V with RDIF by Mankind pharma,” sources said without divulging much details on the agreement.The announcement to this effect is likely to be made by next week, sources further said.RDIF has reached agreements with Indian manufacturers to produce 300 million doses of the shot, sources said. Earlier in September, Dr. Reddy’s and RDIF entered into a partnership to conduct clinical trials of Sputnik V vaccine and its distribution in India. As part of the partnership, RDIF shall supply 100 million doses of the vaccine to Dr. Reddy’s upon regulatory approval in India.Dr Reddy’s received approval from the Drug Control General of India (DCGI) on Saturday to conduct clinical trials for Sputnik V in India. This will be a multicenter and randomized controlled study, which will include safety and immunogenicity study.While Dr Reddy’s and RDIF initially planned to conduct Phase 3 trials of the vaccine, but the subject expert committee (SEC) of the Central Drugs Standards Control Organization (CDSCO) which is looking into Covid related proposals askedDr Reddy’s to conduct a Phase 2 and 3 clinical trial in India, instead of just a phase 3 study.

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