Sputnik V authorized in 26 countries

Sputnik V authorized in 26 countries

PR Newswire

MOSCOW, Feb. 12, 2021

Montenegro and Saint Vincent and the Grenadines have approved Sputnik V.

Sputnik V is among top 3 coronavirus vaccines with most authorizations granted globally.

MOSCOW, Feb. 12, 2021 /PRNewswire/ -- The Russian Direct Investment Fund (RDIF, Russia's sovereign wealth fund) announces the approval of Russian Sputnik V vaccine against coronavirus in Montenegro and Saint Vincent and the Grenadines. In total, 26 countries have already authorized Sputnik V.

Russian Direct Investment Fund logo

Saint Vincent and the Grenadines is the first island nation of the Caribbean to register Sputnik V.

The vaccine was approved both in Montenegro and Saint Vincent and the Grenadines under the emergency use authorization procedure without additional local clinical trials. Sputnik V is one of the world's top three coronavirus vaccines in terms of the number of approvals issued by government regulators.

The vaccine had been approved earlier in Russia, Belarus, Argentina, Bolivia, Serbia, Algeria, Palestine, Venezuela, Paraguay, Turkmenistan, Hungary, UAE, Iran, Republic of Guinea, Tunisia, Armenia, Mexico, Nicaragua, Republika Srpska (entity of Bosnia and Herzegovina), Lebanon, Myanmar, Pakistan, Mongolia and Bahrain.

Kirill Dmitriev, CEO of the Russian Direct Investment Fund, said:

"By the end of the week Sputnik V has been approved in 26 countries in Europe, Latin America, Middle East, Africa, Asia and North America exceeding the plan announced by RDIF earlier. Clinical trial data published in The Lancet medical journal demonstrated high efficacy and safety of the vaccine, which is also easy to distribute and affordable in price. Sputnik V is recognized globally as one of the key vaccines which will help protect the humankind and return to normal life."

Sputnik V has a number of key advantages:

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 www.rdif.ru

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