Unable to sell Sputnik Light stock, Stelis Biopharma requests PM Modi for procurement of jabs


PTI, May 14, 2022, 3:09 PM IST

Unable to sell its huge stock of Covid vaccine Sputnik Light amid the Russia-Ukraine conflict, the Bengaluru-based Stelis Biopharma has written to Prime Minister Narendra Modi requesting for procurement of the jabs for inoculating citizens here or supplying to other countries under the Vaccine Maitri programme.

Stelis Biopharma, the biopharmaceutical arm of Strides Pharma Science, said it could not sell 2.5 crore units of the single-dose vaccine manufactured by it due to several constraints following the Russian-Ukraine war.

The Drugs Controller General of India (DCGI) had granted emergency use permission to Sputnik Light, subject to certain regulatory provisions, in February this year. However, it is currently not being administered in the country.

In the letter written on May 13, Arun Kumar, Founder and Director of Stelis Biopharma Limited, said that after the prime minister had requested the industry to gear up to tackle the pandemic, the firm invested over Rs 700 crore to set up a state-of the-art vaccine manufacturing facility within six months despite the COVID-19-induced restrictions and quickly commenced the production of Sputnik Light.

The company also received government approvals to produce and export the jabs.

”We are proud to state that after having been granted due approvals by the Government of India, we started manufacturing Sputnik Light in India and produced no less than 2.5 crore vaccine doses. However, due to several constraints related to Russia, these vaccines are lying unsold with us at present,” Kumar said.

Kumar requested that the government should acquire the available doses, failing which these will get wasted and the company will face a huge financial loss.

”We request the Government of India to procure our readily available vaccine and administer it to the people of India or donate it to other countries under the India Aid / Covid Maitri programme,” he stated.

Sputnik Light is a one-dose vaccine and is same as component-1 of Sputnik V.

In March 2021, Stelis had partnered with Russian Direct Investment Fund (RDIF), Russia’s sovereign wealth fund, to produce and supply the vaccine.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Newborn baby kidnapped from Kalaburagi hospital in Karnataka

Gukesh draws with Liren in second game of World Chess Championship

All about ‘One Nation One Subscription’ scheme

PAN cards with QR code planned under PAN 2.0 project

2nd Test: Will Rohit agree to bat in middle-order and let Rahul open?

Yediyurappa appeals to MLA Yatnal’s group to work unitedly to strengthen party

Karnataka Congress MLA wants CM to stop some poll guarantees, draws Shivakumar’s ire

Related Articles More

Mumbai court sentences man to life imprisonment for killing son over his refusal to call 2nd wife mother

BJP protector of Constitution in ‘real sense’, Cong tried to hurt its spirit during its rule: Nadda

Sheena Bora case: Indrani Mukerjea moves SC, seeks permission to travel abroad

PM Modi, RSS strengthening wall obstructing path of SCs, STs, OBCs: Rahul Gandhi

All about ‘One Nation One Subscription’ scheme

MUST WATCH

Grafting

Coconut Flower

Prakash Belawadi

Naxal Leader Vikram Gowda

Christmas Cake Fruit Mixing


Latest Additions

Mumbai court sentences man to life imprisonment for killing son over his refusal to call 2nd wife mother

Newborn baby kidnapped from Kalaburagi hospital in Karnataka

Assam woman found murdered in service apartment in Bengaluru

Genetic vulnerability for low insulin, unhealthy fat major causes for diabetes in South Asians: Study

BJP protector of Constitution in ‘real sense’, Cong tried to hurt its spirit during its rule: Nadda

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.