Dr Reddy's Laboratories on Friday announced that the first consignment of imported doses of the Sputnik V vaccine that landed in India on May 1 received regulatory clearance from the Central Drugs Laboratory, Kasauli, on May 13.
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 on Friday.
Further consignments of imported doses are expected over the upcoming months. Subsequently, the supply of the Sputnik V vaccine will commence from Indian manufacturing partners.
The imported doses of the vaccine are presently priced at an MRP of Rs 948 + 5% GST per dose, a total of Rs 995.40, with the possibility of a lower price point when local supply begins.
The Company is working closely with its six manufacturing partners in India to fulfill regulatory requirements to ensure smooth and timely supply.
G.V. Prasad, Co-Chairman and Managing Director, said: "With the rising cases in India, vaccination is our most effective tool in our battle against Covid-19. Contributing to the vaccination drive in India is our biggest priority right now to help Indians be healthy and safe."
While people are happy about Sputnik V coming in India as it will increase the speed of vaccination here. However, the high price of the vaccine has shocked many people and marred the happy news. Many are upset and concerned about how to procure the vaccine for all their family members if vaccines are so costly.
Here are some of the reactions. Have a look.
With inputs from IANS.