Sputnik V COVID Vaccine Price WIll be Much Lower Than That of Pfizer, Moderna, Developers Say

Sputnik V COVID Vaccine Price WIll be Much Lower Than That of Pfizer, Moderna, Developers Say

The developers of the world’s first vaccine against coronavirus have taken to Twitter to announce that the price of Sputnik V will be much lower than that of vaccines developed by US pharmaceutical companies Pfizer and Moderna.

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. https://t.co/nr1C7RBdZB

— Sputnik V (@sputnikvaccine) November 22, 2020

​A spokesperson for the Russian Direct Investment Fund (RDIF), which is investing in the production and promotion of the vaccine abroad, said that the price of Sputnik V would be unveiled next week.

“Sputnik V price will be announced next week, stay tuned!” the spokesperson said.

On 11 August, Russia became the first country in the world to register a coronavirus vaccine, dubbed Sputnik V. The vaccine, which is based on a human adenoviral vector platform, was developed by the Gamaleya Research Institute of Epidemiology and Microbiology and is currently completing phase 3 clinical trials.

Samples of Sputnik V have already been delivered to India, Hungary, Armenia, Belarus and other countries for ongoing trials. Russian President Vladimir Putin said last week that dozens of other countries have also expressed their wish to buy Russian COVID vaccines, including EpiVacCorona, that was registered in October.

America’s Upcoming Vaccines

Earlier in the day, Moderna CEO Stephane Bancel told the German Welt am Sonntag newspaper that its upcoming COVID vaccine developed by the company will cost between $25 and $37 per dose.…

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