Recently, after a series of news about Covid-19 vaccine studied by pharmaceutical companies from the UK and the US, it is showing promising results in the final stages of testing, Russia announced that it would produce vaccines at a cheaper price than the competition. More impressively, they also aim to produce 1 billion doses by 2021.
“The cost of a single dose of Sputnik V vaccine sold to the international market will be less than $ 10,” the RDIF fund said on Tuesday. The Russian Covid-19 vaccine will require a full two-shot series of shots.
“Thus, Sputnik V vaccine produced based on mARN technology with the same effectiveness rate will be half or even many times cheaper than foreign vaccines. As for Russian citizens, the Sputnik V vaccine will be completely free “, RDIF added.
In recent years, the final phase of the Covid-19 vaccine from pharmaceutical corporations Pfizer, BioNTech and Moderna using ARN or mARN technology has all shown good results, helping create a quick immune response.
Accordingly, Pfizer and BioNTech are expected to apply the price of about $ 20 / dose, while Moderna’s CEO said their vaccines will cost between 25 and 37 USD / dose, depending on the order quantity. Both vaccines require 2 shots per course.
The announcement from Russia came just a day after British pharmaceutical company AstraZeneca and the University of Oxford declared that the potential vaccines they were studying were “highly effective” based on the analysis after the end-stage clinical trial. Accordingly, their vaccines do not use mARN technology, instead they use virus vector technology. AstraZeneca’s vaccine also requires two injections, with an estimated cost of about $ 3-4 per dose.