Moscow, February 9, 2021 – The Russian Direct Investment Fund (RDIF, Russia’s sovereign wealth fund) announces the Sputnik V vaccine against coronavirus has been approved by Drug Regulatory Authority of Pakistan (DRAP).
Pakistan has become the 22nd country in the world to approve vaccine COVID Sputnik V. The vaccine was approved under the emergency use authorization procedure based on the results of the clinical trials of Sputnik V in Russia.
To date vector vaccine COVID RDIF Sputnik V has been registered in Russia, Belarus, Argentina, Bolivia, Serbia, Algeria, Palestine, Venezuela, Paraguay, Turkmenistan, Hungary, UAE, Iran, Republic of Guinea, Tunisia, Armenia, Mexico, Nicaragua, Republika Srpska (entity of Bosnia and Herzegovina), Lebanon and Myanmar.
Kirill Dmitriev, CEO of the Russian Direct Investment Fund, said:
“Pakistan is one of the most populated countries in the world, and the decision to include Sputnik V in the national vaccine portfolio is an important step to diversify it and protect people’s health. Emergency use authorization of Sputnik V has become possible thanks to its high efficacy, safety and a well-researched platform of human adenoviral vectors.”
Sputnik V has a number of key advantages:
Efficacy of Sputnik V is 91.6% as confirmed by the data published in the Lancet, one of the world's oldest and most respected medical journals; it is one of only three vaccines in the world with efficacy of over 90%; Sputnik V provides full protection against severe cases of COVID-19.
The Sputnik V vaccine is based on a proven and well-studied platform of human adenoviral vectors, which cause the common cold and have been around for thousands of years.
Sputnik V uses two different vectors for the two shots in a course of vaccination, providing immunity with a longer duration than vaccines using the same delivery mechanism for both shots.
The safety, efficacy and lack of negative long-term effects of adenoviral vaccines have been proven by more than 250 clinical studies over two decades.
The developers of the Sputnik V vaccine are working collaboratively with AstraZeneca on a joint clinical trial to improve the efficacy of AstraZeneca vaccine.
There are no strong allergies caused by Sputnik V.
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Russian Direct Investment Fund (RDIF) is Russia's sovereign wealth fund established in 2011 to make equity co-investments, primarily in Russia, alongside reputable international financial and strategic investors. RDIF acts as a catalyst for direct investment in the Russian economy. RDIF’s management company is based in Moscow. Currently, RDIF has experience of the successful joint implementation of more than 80 projects with foreign partners totaling more than RUB2 tn and covering 95% of the regions of the Russian Federation. RDIF portfolio companies employ more than 800,000 people and generate revenues which equate to more than 6% of Russia’s GDP. RDIF has established joint strategic partnerships with leading international co-investors from more than 18 countries that total more than $40 bn. Further information can be found at rdif.ru
For additional information contact:
Alexey Urazov Russian Direct Investment Fund Director for External Communications Mobile: +7 915 312 76 65 E-mail: [email protected]
Andrew Leach / Maria Shiryaevskaya Hudson Sandler Tel: +44 (0) 20 7796 4133
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