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Reuters
Reuters
Business

China's TopRidge Pharma to produce Sputnik V vaccine, Russia's RDIF says

FILE PHOTO: Bottles of Russia's "Sputnik-V" COVID-19 vaccine are seen before inoculation at a clinic in Tver, Russia, October 12, 2020. REUTERS/Tatyana Makeyeva

China's TopRidge Pharma has agreed to produce more than 100 million doses of Russia's two-shot Sputnik V vaccine against COVID-19, Russia's RDIF sovereign wealth fund said on Thursday.

The fund, which markets Sputnik V globally, said the two sides planned to cooperate on clinical trials in China and to promote its use there.

TopRidge Pharma will be able to distribute the vaccine in mainland China, Hong Kong, Macau and Taiwan, RDIF said in a statement.

(Reporting by Anton Kolodyazhnyy; writing by Tom Balmforth; editing by Jason Neely)

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