Moscow, January 29, 2021 – The Russian Direct Investment Fund (RDIF, Russia’s sovereign wealth fund) announces that the Sputnik V vaccine has been approved by the National Directorate of Pharmacy and Medicine of the Republic of Guinea.
The Republic of Guinea has become the second country in Africa to register the vaccine. Sputnik V was approved under the emergency use authorization procedure. The approval is based on the results of the clinical trials of Sputnik V in Russia.
To date Sputnik V has been registered in Russia, Belarus, Algeria, Argentina, Bolivia, Serbia, Palestine, Venezuela, Paraguay, Turkmenistan, Hungary and the UAE.
Kirill Dmitriev, CEO of the Russian Direct Investment Fund, said:
“The Republic of Guinea has become the second country in Africa to approve the use of Sputnik V. High level of safety and efficacy makes Sputnik V one of the most in-demand vaccines against coronavirus in the world. The vaccine is created on a well-researched human adenoviral vectors platform with proven safety and efficacy. Our partners in the Republic of Guinea have strong confidence in the vaccine and it has already been administered to the President of the country, Mr. Alpha Conde. We appreciate the decision of the national regulator to authorize Sputnik V and stand ready to help the Republic of Guinea to fight the pandemic.”
Sputnik V has a number of key advantages:
Efficacy of Sputnik V is over 90%, with 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.
Over 1.5mn people have already been vaccinated with Sputnik V.
The developers of the Sputnik V vaccine are working collaboratively with AstraZeneca on a joint clinical trial to improve the efficacy of AstraZeneca vaccine.
The Sputnik V vaccine has been approved in Russia, Belarus, Serbia, Argentina, Bolivia, Algeria, Palestine, Venezuela, Paraguay, Turkmenistan, Hungary and the UAE; the process to approve the vaccine in the EU has been initiated.
There are no strong allergies caused by Sputnik V.
The storage temperature of Sputnik V at +2+8 C means it can be stored in a conventional refrigerator without any need to invest in additional cold-chain infrastructure.
The price of Sputnik V is less than $10 per shot, making it affordable around the world.
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:
Russian Direct Investment Fund
Tel: +7 495 644 34 14, ext. 2395
Mobile: +7 916 110 31 41
E-mail: [email protected]
Andrew Leach / Maria Shiryaevskaya
Tel: +44 (0) 20 7796 4133
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