News

Egypt to Receive 25 Million Doses of Russia’s COVID-19 Vaccine

Egypt to Receive 25 Million Doses of Russia’s COVID-19 Vaccine

The Health Minister Hala Zayed volunteering for the COVID-19 vaccine trial. (Photo courtesy of the official Facebook Page of the Egyptian Ministry of Health and Population)

The Russian Direct Investment Fund (RDIF), the country’s sovereign wealth fund, announced earlier today that it will be supplying Egypt with 25 million doses of Sputnik V, the COVID-19 vaccine currently being developed by Russia, according to Ahram Online. The potential vaccine will be distributed in Egypt by leading pharmaceutical company Pharco Group.

“The agreement between RDIF and Pharco will help Egypt obtain an efficient and safe vaccine, Sputnik V, for almost 25 percent of its population. The adenoviral vectors platform has a longer safety track record compared to novel technologies such as monkey adenoviral vectors or mRNA used by other vaccine manufacturers. So the people of Egypt will get a proven vaccine created on a platform with no negative long-term effects, including carcinogenicity or risks for fertility in the future. We expect more countries to include Sputnik V in their vaccine portfolios in the coming weeks,” RDIF CEO Kirill Dmitriev stated in a press release.

According to the press release, issued by RDIF, Russia has also agreed to supply Nepal and Mexico with 25 million and 32 million doses respectively, Brazil with up to 50 million and India—where clinical trials will reportedly be held—with 100 million doses.

Furthermore, Pharco Group president and founder Dr. Sherine Helmy stated that the company is in talks with RDIF regarding “the localization of production in Egypt at the facilities of Biogeneric Pharma [a Pharco subsidiary] within the next few months.”

Earlier this year, Egypt reached similar preliminary agreements with states and pharmaceutical companies developing COVID-19 vaccine candidates, including British-Swedish pharma giant AstraZeneca.

Why Should Euthanasia be Legally Permitted in the Middle East?
Egyptian Health Minister Volunteers for COVID-19 Vaccine Trial

Subscribe to our newsletter


News

More in News

Egypt’s Al-Sisi Calls for Fund to Support Egyptians with Disabilities

Egyptian Streets6 December 2021

Canada Bans Entry For Travelers From 10 Countries, Including Egypt

Marina Makary1 December 2021

‘A Disgrace’: Fans React to Egypt’s Salah’s Seventh Ranking in the Ballon d’Or 2021

Egyptian Streets30 November 2021

Egyptians Ages 12 to 15 Now Eligible for COVID-19 Vaccination

Amina Zaineldine29 November 2021

Egypt Bans Flights from Seven African Countries Over New COVID-19 Variant

Egyptian Streets27 November 2021

Egypt’s President Visits West Aswan to Follow Up on Relief Efforts

Mona Bassel25 November 2021

Egyptian Actress Soheir El-Bably Passed Away Aged 86

Nadine Khaled22 November 2021

Registration for Egypt’s World Youth Forum 2022 Now Open

Egyptian Streets21 November 2021