Russia’s Sputnik V to cost lower than Pfizer, Moderna’s Covid vaccine

TIL Desk/World/Moscow/ Russia’s Sputnik V vaccine against Covid-19 will cost governments much lower than that of Pizer’s and Moderna’s, the official Twitter handle of the world’s first registered vaccine against the pandemic said on Sunday.

“Translating pharma lingo: the announced price of Pfizer of $19.50 and Moderna of $25-$37 per dose actually means their price of $39 and $50-$74 per person. Two doses are required per person for the Pfizer, Sputnik V and Moderna vaccines. The price of Sputnik V will be much lower,” said the tweet.

According to a spokesman for the Russian Direct Investment Fund (RDIF), RDIF is Russia’s sovereign wealth fund, the price of the Russian vaccine will be made public next week. Russia became the first country to give regulatory approval to a Covid-19 vaccine in August when Sputnik V was officially registered ahead of large-scale clinical trial.