Russia to mass produce experimental COVID-19 vaccine: wealth fund head

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Russia to mass produce experimental COVID-19 vaccine: wealth fund head
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Russia plans to produce 30 million doses of an experimental COVID-19 vaccine domestically this year, with the potential to manufacture a further 170 million abroad, the head of the country's sovereign wealth fund told Reuters.

MOSCOW - Russia plans to produce 30 million doses of an experimental COVID-19 vaccine domestically this year, with the potential to manufacture a further 170 million abroad, the head of the country’s sovereign wealth fund told Reuters.

A larger Phase III trial involving several thousand people is expected to begin in August, said Russian Direct Investment Fund head Kirill Dmitriev. Producers are also grappling with the question of how to massively scale up production to meet global needs.Dmitriev said the Russian Phase III trial will be conducted at home and in two Middle Eastern countries, and will begin after a 100-person Phase II trial wraps up on Aug. 3.

Both are updating their lab setup to be able to take over production within the next couple of months, Dmitriev said.

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