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Coronavirus

Russian Fund: India’s Top Vaccine Maker to Produce Sputnik V

MOSCOW — Russia’s sovereign fund has announced a deal with a top Indian vaccine manufacturer to produce the Russia-designed Sputnik V vaccine.

The Russian Direct Investment Fund said Tuesday its deal with the Serum Institute of India, the world’s largest vaccine manufacturer by volume, envisages annual production of over 300 million doses of the vaccine in India starting in September.

The RDIF that bankrolled Sputnik V and markets it abroad has previously negotiated Sputnik V production deals with manufacturers in several countries, including India, South Korea, Brazil, China, Turkey, as well as Belarus and Kazakhstan.

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