Dr Reddy’s laboratories launches Sputnik V COVID 19 vaccine in India

The Hyderabad-based drug firm Dr. Reddy’s Laboratories and, Indian partner of Russian Direct Investment Fund (RDIF), said it has started Sputnik V’s India rollout with the first dose being directed in Hyderabad on Friday as part of a limited pilot.

The imported vaccine has been priced at Rs 948 per dose with an additional 5% GST to be charged on it, putting the price at around Rs 995.4, just under Rs 1000 a dose, the company said.

“As part of a limited pilot, the soft launch of the vaccine has commenced and the first dose of the vaccine was administered in Hyderabad today on May 14, 2021,” the company said in a regulatory filing with the bourses.

“The imported doses of the vaccine are presently priced at an MRP of Rs 948 + 5% GST per dose, with the possibility of a lower price point when local supply begins,” it said.