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sputnik v vaccine: Dr Reddy's in talks with RDIF on Sputnik V for other countries


Synopsis
Dr Reddy s which had received over two lakh vaccines from RDIF, recently soft-launched Sputnik V and tied up with Apollo Hospitals for piloting the vaccine. .. we are also in discussions with them (RDIF) about quantities and rights, assets permit for other countries.
AFP
Dr Reddy s Laboratories has received approval from the Indian drug regulator for restricted emergency use of Sputnik V.
Dr Reddys Laboratories, which is in a pact with Russian Direct Investment Fund to sell 125 million people doses (250 million vials) of COVID-19 vaccine Sputnik V in India, is holding parleys with RDIF for acquiring rights for more countries, a senior official of the Indian drug maker said. ....

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Stocks to buy: Won't be surprised to see an auto rally from here: Ajay Bagga


Explore Now
In real estate, it is better to wait and watch. But in a cyclical up move, the real estate players do well, says market expert
Ajay Bagga.
On the disconnect between the macros and the markets
Wait and watch is all I would say. The good news is that numbers are coming down in terms of the reported infections. So 4,20,000, 4,30,000 odd seems to have been the peak for the second wave, and the numbers are coming down. If you look at IIT Kanpur and other models, we could be looking at below 50,000 per day kind of infection numbers maybe one more month from now. That was factored in Monday’s market. But we are still quite a bit away from the February highs for quite a few stocks. On Monday, banks and NBFCs, which account for 37-38% of the market, led the rally today and I would say wait and watch. The correlation with the economy definitely is very weak for the markets. What is today driving the markets is the lower number which seems to be now an establis ....

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sputnik v vaccine: Apollo Hospitals, Dr Reddy's announce COVID-19 vaccination programme with Sputnik V


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Apollo Hospitals and Dr Reddy s Laboratories on Monday said they are collaborating to initiate a COVID-19 vaccination programme with Sputnik V. The first phase of the programme will kick off with vaccinations in Hyderabad on Monday and in Visakhapatnam on Tuesday (May 18) at Apollo facilities.
The vaccinations would follow the SOPs as recommended by the government including registration on CoWIN.
This pilot phase will allow Dr. Reddy s and Apollo to test the arrangements and cold chain logistics and prepare for the launch. We are confident that with the Sputnik V vaccine, we will be able to make a significant contribution to ease availability and access to COVID vaccines to the community at large, Apollo Hospitals President - Hospitals Division K Hari Prasad said in a statement. ....

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