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MIL OSI Translation. Region: Russian Federation –

The Russian Ministry of Health has re-registered the maximum selling price for the Sputnik V vaccine, now it is 866 rubles. 81 kopecks for two components (one two-component dose, excluding value added tax).

The Sputnik V vaccine is widely used for mass vaccination of citizens against a new coronavirus infection and is included in the list of vital essential medicines, and therefore the price for it is controlled by the state.

“The price reduction became possible as a result of the development and optimization of the technology for the industrial production of the vaccine, as well as a significant increase in the volume of its production for the purpose of mass vaccination of the population of Russia,” noted Minister of Industry and Trade Denis Manturov.

As the head of the Ministry of Industry and Trade specified, the price is the same for all production sites.

“In fact, the production of vaccines is a social order of the state for the domestic pharmaceutical industry. I would like to emphasize that the registered maximum selling price applies exclusively to the vaccine used in large-scale Russian state immunization programs, ”said Denis Manturov.

Production, pricing, and delivery of the vaccine were discussed at meeting held on February 20 under the leadership of Prime Minister Mikhail Mishustin.

“It is necessary to closely monitor so that the pricing procedure is transparent and the cost of the drug is reasonable. The main goal is not to get excess profits on such a medicine that is extremely necessary for health, but to help people, “Mikhail Mishustin emphasized.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

MIL OSI Russia News